Set Debtor & Creditor invoices to GST Inclusive
Set Debtor & Creditor invoices to GST Inclusive
If invoicing is GST inclusive, the price entered includes GST
To set up debtor invoicing so the price entered is GST inclusive
Click on the Debtors toolbar icon
Click on the Setup tab
Tick the Invoice Pricing is GST inclusive check box Note: if not ticked, the GST is added to all invoice prices entered
Click Home to save settings
To set up creditor invoicing so the price entered is GST inclusive
Click on the Creditors toolbar icon
Click on the Setup tab
Tick the Invoice Pricing is GST inclusive check box
Click Home to save settings
Note: You can also click on the Calculators/GST Calculator menu option to calculate individual goods and sales tax (GST) inclusive and exclusive prices.
Article ID 1406