Forum Discussion

Ravinder's avatar
Ravinder
Experienced User
5 years ago

Overseas purchase

Hi I have bought a Printer from overseas amount of $14,493, having commercial invoice from the supplier. I have paid 30% advance payment on 17.06.2020 and 70% paid on 23.06.2020.The Printer will tak...
  • Neil_M's avatar
    Neil_M
    5 years ago

    Hi Ravinder 

     

    I’d recommend discussing this with your accountant, as they will be able to advise you of the appropriate tax treatment for this item for your BAS as well as whether you should record this as a bill or through another method, such as journal entries

Neil_M's avatar
Neil_M
Former Staff
5 years ago

Hi Ravinder 

 

I’d recommend discussing this with your accountant, as they will be able to advise you of the appropriate tax treatment for this item for your BAS as well as whether you should record this as a bill or through another method, such as journal entries

  • Ravinder's avatar
    Ravinder
    Experienced User
    5 years ago

    Hi Neil

     

    Thanks for your advise.

     

    Kind Regards

    Ravinder

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