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Goods are ordered using a foreign currency and need to include GST as the supplier is in Australia. Any foreign currency purchase orders does not allow GST to be included.
Step-by-step guide
There are two results we need to have happen here - firstly to get the correct values for your BAS reports and secondly, raise the liability for the GST due. There are two options to enter the relevant data in for your BAS report and creditors - the Value Of Taxable Import tab in Landed Cost or Creditor Purchases and Creditor Credit Adjustments.
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Both options result with the same value in the Business Activity Statement
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