shunhe_pl
Level 2

GST

Hi, understand we need to create the tax rate manually in "Tax Centre", "Add tax rate".

 

Can you please give more details on the fields in the "Add tax rate"?

 

Example:

- Sales vs purchases (pretty self explanatory)

- Sales rate (should be the new GST rate of 8%)

- Purchase rate (should be the new GST rate of 8%)

- Account (Liability, Expense, Non-Tracking)

- Show net amount on return line

 

It would be GREAT if we can be given option to COPY existing tax code and just change from "7"% to "8"%, or view the above fields. Currently NOT able to view the above fields when click on the existing tax codes, so it's difficult to set up the new codes.