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I wonder if Aussie GST codes are different to Kiwi codes.
In Aus, financial transaction like interest, are Input Taxed Supply. Cash Manager defaults to N, which in Kiwi is GST not applicable, which in Aus is F, GST Free.
There is also now a simpler BAS for small business in Aus in which you no longer need to report G2, G3, G10 and G11.
I think Cashmanager should sit down with the Australian Tax Office or a good Aus accountant and revise the code setup.
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@Jo You say you want to be cutting edge but your GST return is out of date & your GST code setup still doesn't meet Australian standards!
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Hi @Snirtus
Thanks for your comment.
NZ GST codes do differ from AUS codes. For example, NZ clients using Cashmanager would code a financial transaction like interest to GST type E (Exempt).
I've sent your suggestion to our Development team to consider.
Thanks,
Jo