Page Comparison

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Option 1 - Value of Taxable Import

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When using the Shipment form to enter the GST invoice, the check box Use Value of Taxable Import must be ticked before the Shipment is set to 'Commit for Booking In'.  

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• select the creditor and type in Description
• type in the Tax Amount (GST due on the purchase order) and the Amount field is automatically calculated
• select ledger account, type in the Invoice Number

Select the 

Journal entry

1. Creditor Purchases for the Total Ex GST Value of the goods posting to COGS account with G11 selected
Debit COGS          10,000 (G11)
Debit GST               1,000 (G11)
Credit Creditors                            11,000 (No Code)

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