12 GST For Sales
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Revision as of 11:33, 29 June 2011 by Simon Clive (Talk | contribs)
GST For Sales
What tax codes are used for sales?
Australian Users of ERP need to account for GST on sales and purchases. It is important to remember that ERP uses different tax codes for GST on different transaction types. It is critical that you understand which codes to use or your reports for BAS and other financial reporting will not be accurate.
Tax codes for sales are as follows:
Code Description
EXP GST Free Exports FRE GST Free Supplies GST Supplies Including GST INP Input Taxed Sales
