GST rules by Synergetic module

Debtors and Receipting

1. All transactions are treated as a supply on the BAS unless they are allocated to a general ledger code with a classification of EXPENSE.
2. The tax code comes from the general ledger account but can be changed on your fees table or when manually entering charges.
3. When receipting to the general ledger where a tax code needs to be identified (e.g. it is taxable) you must link the receipt to a community member (so that a tax invoice can be produced).

Creditors

1. All transactions are treated as an acquisition on the BAS unless they are allocated to a general ledger code with a classification of INCOME or ASSET. Assets are acquisitions that can be separately summarised on the BAS as Asset Acquisitions.
2. Tax code comes from the general ledger account but can be changed while entering invoices.

Payroll

1. No rules are required as payroll has no effect on the BAS.
2. If you want a payroll entry to appear on the BAS (for example, rent) then you must allocate the payroll general ledger detail line to a clearing account and then do a general ledger journal transferring to that account.

General ledger journals

1. You can override the tax code. For example, 10%, Tax Free, Input Taxed or blank (to not appear on the BAS).
2. You can override the classification. This is only used to identify asset acquisitions if the journal has a tax code.
3. You can override the journal type (that is, income or expense) and is used to determine whether the journal is a supply or an acquisition if the journal has a tax code.
4. Enter an ID if the journal is taxable so that a tax invoice can be prepared at a later date.