ellyleavold's avatar
ellyleavold
Cover User
11 years ago
Status:
New

Inventory: Standard Cost - Tax Inclusive or Tax Exclusive option

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. It automatically assumes the item is including tax. I think you should have the option to exclude tax as that is how we purchase and sell items at this business. Instead I have to either add GST to the price when entering it (which doesn't always work) when entering it into supplier Invoice or Supplier Purchase order. Just a thought as it would save time.

 

"Standard Cost - option to include or exclude GST"

Inventory
  • BMac1's avatar
    BMac1
    Contributing User
    5 months ago

    Unfortunately you can't I and others have been trying for over 10 years to get MYOB to allow this but with no success

    Perhaps you might be able to

  • SolarFiji's avatar
    SolarFiji
    5 months ago

    Is it possible yet to create Purchase Orders with a 'Sale Price' Ex Tax.

    Then the tax, then the total.?

     

    Also, the items need to be ex tax price. How can we do this?

     

  • Gmac2016's avatar
    Gmac2016
    Cover User
    2 years ago

    Do MYOB look at these posts, ideas and wishes of there clients and comment?

  • Kimmoo's avatar
    Kimmoo
    2 years ago

    100% agree, we NEED to see the standard buy price without the GST.  I can see the option in selling price but not for the buy price. Does not work well for our business and i imagine for many others.  Would be nice to see the last buy price without the GST too.

    **MYOB, PLEASE ACTION THIS IDEA FOR EX GST BUY PRICE OPTION ASAP**

  • Gmac2016's avatar
    Gmac2016
    Cover User
    2 years ago

    There is a check box for for GST most other areas but not in standard cost, why is this?

     

    All of our suppliers prices are ex GST, we need to convert to inc GST to enter into MYOB.

    We cant even easily see if our standard prices in MYOB match suppliers becuase of this, every time we item prices a calculation is involved.

     

    I am wondering why there is not a check box for ex/inc GST in inventory items, under the buy section?

     

    I would really like to see all figures ex GST.   The amount of times I have nearly sold something by entering an ex GST price when the GST box is ticked and I havent noticed, is a worry.  Some reports are confusing too as to weather thing inlcude GST or not.

     

    It seems that MYOB have been aware of their customers wishes for some time but choose not to listen,  why?

  • Acme_20_yr_cust's avatar
    Acme_20_yr_cust
    Experienced Cover User
    3 years ago

    100% agree.  Especially if you have "Tax Code when bought" as GST FRee - it makes NO sense that the P/Order cost deducts it again.  This has changed at some stage recently

  • JJ67's avatar
    JJ67
    Experienced Cover User
    3 years ago

    MOST SUPPLIERS GIVE US COST EX GST WHY CANT MYOB LISTEN TO IT'S CUSTOMERS. EVERY TIME A SUPPLIER DOES AN INCREASE I NEED TO MAKE A EXCEL SHEET TO ADD GST TO EACH ITEM THEN APPLY IT TO MYOB FORMAT SO ANNOYING. 

  • PaulB65's avatar
    PaulB65
    3 years ago

    All of my suppliers selling price to my business is EX GST. this is what we load into our system.

    My clients request pricing to them EX GST, with the GST amount shown seperatley.

    The feature to input standard cost price files ex gst and load as standard cost would be extremley beneficial to pricing maintenance.

  • Naomilsb's avatar
    Naomilsb
    Cover User
    4 years ago

    I agree 100% 

    The"last purchase price" already includes GST & its not often we change the pricing, so the standard cost should automaticlly be ex GST!

  • CLSHC's avatar
    CLSHC
    4 years ago

    Seems this has been issue for many years, anyone have a work around on how to solve this issue, or do we need to keep changing the PO pricing every single time?