Small business (unregistered for GST) and need to record the GST in supplier invoices

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  • Updated 2 weeks ago
Hi - 

New to Reckon One and needing to know how to record the GST component of supplier invoices, doesnt seem to be a way to do it unless we select "Register for GST"  - our turnover is likely to be less than required to registere....

I would have added an item to a non-current liability a/c but not sure how Reckon works under the hood.

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Shane Crozier

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Posted 2 weeks ago

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Felicity Bleckly

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In MYOB there was INP which stood for input tax so you used that code. Look for something similar in reckon with 0% tax so it doesn't calculate as a tax you have to pay. But I'm not really sure how reckon games it. Google reckon input tax and see what they suggest.

Hi Shane


(Unless Reckon One is different to Reckon Accounts/Hosted) ..... if you’re not GST-Registered, you just post the whole of the Supplier invoice to the relevant Expense/COGS account.  The GST component is only reflected if you yourself are also GST-Registered  :)


Shaz Hughes Dip(Fin) ACQ NSW, MICB

Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

Accounted 4 Bookkeeping Services

Ballajura, WA

0422 886 003