GST amount on sales income

Nia
Nia Member Posts: 17 ✭
edited January 2020 in Accounts Hosted
Hi, is there any way to change the GST amount on sales income on Reckon Account Hosted? thank you.

Comments

  • Charley
    Charley Member Posts: 542 ✭✭✭
    edited January 2020
    The GST amount is always 10%, it cannot be changed. If you have sold items that don't have GST (why?) then you need to have 2 sales items, one with the correct amount of GST and then the other as GST Free
  • Nia
    Nia Member Posts: 17 ✭
    edited January 2017
    Hi Charles, thank you for your respond.

    Let me give you an example to make it easy to understand,
    For example, we just made a sales income of 14,800. on the sales invoice, it said subtotal of 13,454.5 + GST of 1,345.5 = total will be 14,800

    However, when I recorded it on reckon, it recorded as 13,454.5 + GST of 1345.45 = 14,799.95. So there will be 5 cent different on GST amount.

    So what should I do to make the amount on reckon same with the amount on the sales invoice?
    Thank you
  • Charley
    Charley Member Posts: 542 ✭✭✭
    edited January 2020
    Use the 14,800 and tick the box at the bottom of the invoice 'amounts include GST'
  • Charley
    Charley Member Posts: 542 ✭✭✭
    edited January 2020
    However 1/11 of 14,800 is 1,345.454545 so GST amount should be 1,345.45
  • Charley
    Charley Member Posts: 542 ✭✭✭
    edited January 2020
    so it should be 13,454.55 with GST of 1,345.45  = 14,800
  • Nia
    Nia Member Posts: 17 ✭
    edited January 2017
    thank you

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