tax+codes+for+asset+purchases

David Hill_7987740
David Hill_7987740 Member Posts: 2
edited June 2017 in Accounts Hosted
How can I assign a tax code to a fixed asset account? Or, better still, why can't I?

Comments

  • Glynis_7724867
    Glynis_7724867 Member Posts: 14
    edited January 2016
    Hi David
    In the tax code drop downs you will CAG - Capital  acquisition  that includes GST
    Cheers
    Glynis
  • David Hill_7987740
    David Hill_7987740 Member Posts: 2
    edited January 2016
    Thanks Glynis - don't I wish. I am using Reckon Hosted and don't have that and there is no provision for tax code in the set up for new asset account. I even tried setting one up as an expense account, applying a tax code and then re-set up as an asset. It kept the tax code in the chart of accounts, but wouldn't default to it on data (bill or chq) input. Slightly frustrating!