Hi,
I would like to add a sugestion. I rang up as I was having an issue when entering an item into the items list and adding a Standard cost for what we purchase the item for from our suppliers...
Couldn't agree with this more. I really don't see why all prices wouldn't be entered into MYOB as exclusive of tax, and then MYOB could simply apply the relevant tax calculations in the appropriate circumstances.
Imagine if the government changed the GST to 11%. As things are, the standard cost for just about every item in every MYOB company file would need to be increased by 1% in order to remain accurate. Who wants to go through their entire inventory and increase the standard cost of every item by 1%? It would be much cleaner and easier if MYOB could simply take whatever the exclusive standard cost amount was, and add the 10% tax (or whatever the appropriate tax rate is for a given purchase).