Feijoa's avatar
13 years ago
Status:
Done

Items: Selling Price including GST

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 means if I invoice for a couple of these, the invoice (GST inclusive) displays:

  • a unit price of $35.99  -  I want $36
  • a total of $71.99  -  this is neither the $72 figure I wanted nor 2x $35.99

Please add either a GST inclusive Item Sell price or 3 decimal places for GST ex.

 

Many thanks!

 

"Item Sell price including GST OR 3 decimal places"

  • Status changed:
    Open
    to
    Done

    Hi Everyone

    MYOB Essentials will allow the user to select whether they wish for the selling price to be tax inclusive or tax exclusive when setting up their items.

  • LJM14's avatar
    LJM14
    Experienced User

    Xero has far better features. I made the switch after MYOB showed no effort to resolve little function errors. Haven't looked back!

  • Concerning to see that the request for Item Prices to have the option to include GST dates back to 2011. We had planned to subscribe to Essentials on the 1st March 2019 but this is actually a deal breaker. One simple example a product price is set at $425.00 - once we caluculate the price exc GST and invoice it, the amount becomes $425.01.

     

    Do we have the time to jump through hoops for something so frustrating - I don't think so. Getting straight to the point MYOB - do you have any intention to resolve this and if so when ?

  • Totally agree with the previous comments, it is making me consider going back to account edge because it is just painful having the odd number and trying to round it up.

  • germanbakehouse's avatar
    germanbakehouse
    Contributing Cover User

    I agree with CNCS - in the item tab, please allow the price to be inclusive when creating new items. This is possible in Myob Accountright and makes it much easier and neater on the final invoices.

  • Relating to this.

    I vote for a TAX inclusive amount in Item.

     

    AND / OR a 2 decimal place setting for the Invoice. Reason for this is

     

    If I sell an item for $50.00 inc GST. It shows up on my Item page as $45.45 ex tax.

    When selling this item on the invoice it shows up as $49.995 for the Unit price and $50.00 for the Amount. It is untidy.

  • Shane-oz's avatar
    Shane-oz
    Trusted Partner

    G'day,

    It would be handy if one had the choice of entering item prices including GST. 

    Thanks,

    • Cygnetics's avatar
      Cygnetics
      Cover User

      It is really annoying 

      I am testing Xero using their free trial option

      Cannot believe this thread is open since 2014 and MYOB is not listening

      Pathetic attitude 

    • SnAHomefix's avatar
      SnAHomefix
      Cover User

      We REALLY need the option to enter a Tax Inclusive price for an Item! 

      XERO can do this for long already!!!! 

    • M_R77's avatar
      M_R77
      Contributing Cover User

      Please can we have the option to enter items including GST! After four years (since the first enquiry on this thread), it has been requested, but is still under review?

       

      Entering items including GST would save a lot of time in the invoicing side of the business.

      For example I have an item for $60 including GST.

      If I enter it as an item:

      $54.55 (excluding tax), it becomes $60.01

      $54.54 (excluding tax), it becomes $59.99

       

      Accounting software is meant to save time, not make it more time consuming. Please make this an option ASAP!

       

       

      I believe accounting software should make our job faster to complete not longer.

  • Would like to see at least 4 decimal please in the unit price or being able to overwrite the total, instead of having to make the unti 1 and entering the total as the unit price.