GST included in payment of creditor invoice

1

This is probably a foolish question, or one to which I could easily find the answer if I looked up the guide.

When paying a creditor’s invoice which includes a GST amount, I leave the field on the far right ‘Tax’ showing (faintly) ‘No tax’ and put the gross amount in the ‘Unit Price’ and ‘Amount’ fields – correct? On the basis that GST has already been accounted for when entering the supplier’s invoice.

And I can leave the box ‘Amounts are tax inclusive’ checked or unchecked – it doesn’t matter so long as as the ‘Tax’ field shows ‘No tax’ – correct?

Are there different considerations if I am only paying part of the amount due?

2

As you said, you need to read the Guide. And if you try entering a payment, you will see that after choosing Accounts payable you cannot select a tax code.

Correct.

No.

3

Got it – thank you.