Modify tax codes and descriptions for Australian use.

Hi, just discovered this software and am looking to use it for a small sole-trader business in Australia. In Australia we have a 10% GST (Goods and Services Tax) the amount of which must be listed clearly on an invoice and/or receipt and clearly labeled as the GST component.

Also all invoices must have the business's ABN (Australian Business Number} clearly listed on any invoice and/or receipt.

Is this possible to include in this program?

I have done a quick look around the setup but could not find this level of customisation anywhere accessible from the user interface.

Any and all help would be most appreciated.

Thank you.

Hey Gary,

You can create unlimited Tax Rates:

https://akaunting.com/docs/user-manual/settings/taxes

As for ABN, you can the built-in Tax Number field:

https://akaunting.com/docs/user-manual/settings/company

Or use the Custom Fields app to add unlimited fields:

https://akaunting.com/apps/custom-fields

Regards

Hello Gary,

I am happy to let you know that I've released an app to facilitate BAS lodging for Australian GST, which might come in handy for you. If interested, please find it here: https://akaunting.com/apps/gst-au

Thanks!

Mohammad