Tax code list doesn't show GST option?

I am just looking at the trial version and trying to set up my accounts. In the expenses list, many items don't allow GST as the tax code, but only NCG. I want to use GST or FRE or NT as per my accountant's requirements. How do I do this and why aren't these options available?

Debbie Garratt

80 Points

Posted 2 years ago

2 years ago

Rav, Community Manager

66,250 Points

Hi Debbie,

Which version are you currently trialing? Reckon One or Reckon Accounts Business? (You've tagged both products in the post)

Comment

2 years ago

Adrian

3,360 Points

Reckon is not like the MYOB product, where it uses the one code for income and expenses.

Reckon uses
GST for income
FRE for GST Free income
NCG for Expenses that have GST.
NCF for Expenses that are GSt Free
CAG for Capital purchase that have GST.
CAF for Capital purchase that have GST Free.

You need to use the appropriate code in Reckon.

Comment

1 person likes this

2018-06-08T12:04:41+00:00

Laurence Field

60 Points

Thank you Adrian, you've saved me a lot of time and headache!!

2 years ago

Debbie Garratt

80 Points

I'm using Reckon One. Although my next and major issue is with invoicing. It appears the last lot of questions about customisable invoices was some time ago and it appears that this service is still not fixed. I need to be able to customise invoices for different companies and without that facility, I'll need to check some other program options.

Comment

2 years ago

Kevin Russell, Accredited Partner

41,842 Points

Debbie. Yes you most probably will. All the software systems entail compromises. I use them all so I know. Just be very careful about why you are changing. The grass is not always greener

Kevin t:0407744914

Comment

Tax code list doesn't show GST option?

Related Categories

Accounts Business Range

Reckon One