Currently LiveAccounts only offers a GST exclusive Item Sell price and two decimal places for the price.
This causes issues like the following:
A $36 inc. GST price becomes 31.40. Which then ...
G'day,
It would be handy if one had the choice of entering item prices including GST.
Thanks,
Hi guys, had a client on the phone who suggested adding GST inclusive feature to items on Essentails.
Thanks,
Jordan Gyoury
BD Client SupportMYOB
Regards the GST inclusive comment.
We need to be able to flag individual lines as inclusive or exclusive. For example I often round down to the nearest dollar when in the field so save handling change. However, when it comes to creating an invoice, most of what we do is exclusive but trying to round down an inclusive amount from an exclusive transaction takes ages.
Also it is now possible to edit the GST content. This can be very handy when rounding issues miss by a cent.
All of our items are sold to customers inclusive of GST. When setting up items in MYOB Essentials I dont have an option of setting the selling price as GST inclusive. This means I am having to work out the price excluding GST, enter this amount with 3 decimal places to get as close to the final sale amount as possible. This is not only very time consuming, its also not very accurate.
My issues arrise when I sell multiple items. I am having to adjust every item, on every invoice. Even when selling single items I still adjust the unit price as it doesnt look professional.
It is possible to have an option to enter items GST inclusive or GST exclusive? Im sure I am not the only person this is affecting.
Below is an example of how our invoices would appear if I didn't manually adjust each entry. The total of this invoice should be $6600.00
A client has entered her “items” in GST inclusive and so when she is preparing invoices, GST is being added on additionally. In the future, it would be great to enter item prices either inclusive or exclusive of GST
Dear MYOB Team,
Could you please give the optinon to register a price for an item including tax, not only excluding it, please?
In the Window Sales, Items, Selling details, field Sell Price has only the option for an Item price to be excluding tax.
An option in the de price for gst included or excluded is quite usefull when the company has no control of the sale price and all the product's price are GST included. I know we can enter the price less gst, but it is just inconvenienet and extra work.
Regards,
Michell Feitosa
Ps. Apple's computers are the new generation and cloud software or IOS software compability is a must for the companies. IF they dont follow the new thrends they may end up the new Kodak case study.
- Status added:OpenThank you for your post, @Shane-oz. I understand you would like to have the option to enter a Tax Inclusive price for an Item in the Item card. If others would like to see this option please vote and add any relevant comments.
Antother idea might be just to make it more clear that item prices are being entered GST exclusive.
I have just migrated from desktop Account Right Basics to Online Essential.
My item lists include both wholesale and retail items.
In Essential; to make an invoice with retail prices I need to work out the unit price without GST for each item, rather than simply opening the item and checking a box that says GST inclusive to have it automatically calculate as with Basics.
Please provide this check box.
The option to set an item price that is GST inclusive would be very helpful!
It is very difficult when you have an item that (for example) is $995 inclusive of GST. When you set this item as $904.55 exclusive of GST, it sets the unit price at $995.005, which it turn creates the amount $995.01 on the invoice. It is not very time efficient to have to manually change the unit price each time this item is invoiced in order to ammend the invoice to the correct total of $995.00.
It also does not look very professional when the unit prices are not displayed in round figures ($995.005 instead of the true $995.00).Hi Photobooth
Thank you for voting for this idea and feedback in regards to the idea to add the ability to set the item price to be excluding GST or the option to make it GST Inclusive or Exclusive. I have shared your feedback with the team.
