Need to know how to enter the full value of GST typically paid to customs on the value of goods imported from outside Australia.
This is only a GST component that I need to enter, as the goods are supplied by a supplier and not customs so another invoice also exists GST free. So to enter GST value, the Enter Bill function, only allows to enter an item cost, and automatically calculates the GST amount. I only need to enter a GST amount. Any ideas ???
I am paying to the forwarder import fees + GST upon arrival of goods for clearance. So on the invoice I need several items plus import GST. I am having trouble setting this up. I have created an item "GST" with label" GST paid to customs" but it does not let me enter an amount of "GST" in the "TAX" column when using this item on the invoice, so in short not sure if the GST component of the bill needs to be
a) an "other Charge" type item
b) assigned to account "COGS" as the GST paid is returned by the ATO.
Any help greatly appreciated.
On other question above, assuming you don't have the answer already, go to "lists" -> "price level lists" -> create New Price level and then you can edit a new price for each item under the new price level.