GST Default Code

To set the default GST Code Type for each necessary account code, highlight an account code, click the edit button. Select the default GST value in the new GST Code field . (Code can be changed during accounts payable posting or order entry. This sets the default.)

The GST Code options are:

GST: GST Paid(A/P) or collected (OE)

FRE: No GST Paid or collected

ABN: No GST (Tax ID) Number for the supplier on file

CAP: A Capital Expense

NT: No GST

GNR: GST Not registered

When entering or editing a payable detail line, the default GST code can be adjusted. This applies to Accounts Payable, Recurring Payables, Bank Charges, Deposits or Post Single Checks 

 

This option only available if the system option Country not set to USA and Use GST Code set to yes.  

Used for the Month End GST Report.