Adding GST Information to Customer Master Records
Access the Customer Master Revision form. Select the Tax Information tab.
- Tax Expl Code (tax explanation code)
Enter E (value-added tax exempt) for GST exempt suppliers, such as hospitals and suppliers of exports. For suppliers and purchasers of domestic goods, specify V (value-added tax) to indicate supplies that are subject to GST.
- Tax Rate/Area
Enter the appropriate GST tax rate or area code, or both.
- Tax ID
Enter the Australian Business Number (ABN) for registered organizations.