Adding GST Information to Supplier Master Records
Access the Supplier Master Revision form. Select the Tax Information tab.
- Tax Expl Code 2 (tax explanation code 2)
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 ABN for registered organizations.