Set Debtor & Creditor invoices to GST Inclusive

Set Debtor & Creditor invoices to GST Inclusive

Cashbook Standard / Connect

If invoicing is GST inclusive, the price entered includes GST.

Step 1: Set up Debtor Invoicing so the Price Entered is GST Inclusive

  1. Debtors toolbar icon
  2. Setup tab
  3. Tick the Invoice Pricing is GST inclusive check box 
Note: if not ticked, the GST is added to all invoice prices entered
  1. Click Home to save settings

 

Step 2: Set up Creditor Invoicing so the Price Entered is GST Inclusive

  1. Creditors toolbar icon
  2. Setup tab
  3. Tick the Invoice Pricing is GST inclusive check box
  4. Click Home to save settings
 
Tip: Click on the Calculators / GST Calculator menu option to calculate individual goods and sales tax (GST) inclusive and exclusive prices


Article ID 1406