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Tax Codes

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Overview

ERP uses the following Tax Codes for acquisitions

  • NCG - Non-Capital Acquisition, GST
  • NCF - Non-Capital Acquisition, GST Free
  • NCI - Non-Capital Acquisition for making Input
  • NT - No Tax
  • CAF - Capital Acquisition - GST Free
  • CAG - Capital Acquisition - Inc GST
  • CAI - Capital Acquisition for making Input
  • PRI - Acquisition for Private Use

ERP uses the following Tax Codes for Supplies Made

  • GST - 10% GST
  • FRE - GST Free Supplies
  • EXP - GST Free Exports
  • INP - Input Taxed Sales
  • WEG - GST on Wine Equalisation Tax
  • WET - Wine Equalisation Tax