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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / Australian Tax Schedul...
Microsoft Dynamics GP (Archived)

Australian Tax Schedule/Detail Setup

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Posted on by Graeme 65

I'm looking at setting up an Australian company in a non-Australian GP install. As a result, I am not able to use the GST Wizard which would normally run when enabling Australia from Company Options.

I created a test GP instance so I could run through the Australian GST Wizard so I could see what Tax Schedules and Tax Details were created.

I have the following Tax Schedules

ADJ
CAP
CRED
DEBT
EXP
FRE
GST
INP
INPNI
INCL-CAP
INCL-FRE
INCL-GST
INCL-INP
INCL-INPNI

There are Purchasing and Sales versions of all Tax Details and I have called them

PURCH-ADJ
SALES-ADJ
PURCH-CAP
SALES-CAP
PURCH-FRE
SALES-FRE

etc.

What I am not understanding is the way that the wizard grouped tax details under each tax schedule. 

For example, the Tax Schedule DEBT (GST Debtor) has the following Tax Details

PURCH-ADJ
PURCH-CAP
PURCH-FRE
PURCH-GST
PURCH-INP
PURCH-INPNI
PURCH-I-CAP
PURCH-I-FRE
PURCH-I-INP
PURCH-I-INPNI

PURCH-FRE has 0% tax but PURCH-CAP has 10% tax. If the CRED Tax Schedule is used for a creditor, how does it know which of the Tax Details to apply? Is it 0% or 10% as both tax details are listed under this schedule!

Hoping someone can shed some light on this subject for me please!

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  • Suggested answer
    Praveen Kumar RR Profile Picture
    Praveen Kumar RR 1,552 on at

    Hi,

    I hope you have GSTandAustralianTaxes.pdf, if not please download from below link,

    mbs.microsoft.com/.../GP10Docs  

    I explored the document and seems to be having some catch at Tax Information Setup in GST Wizard. (From Page Number 18)

    You should be able to get more in-sight on this document and correlate with your Setups.

    Thanks,

    Praveen

  • Graeme Profile Picture
    Graeme 65 on at

    Thank you Praveen - I do indeed have that PDF (2013 version)

    I think we are going to just simplify our tax details and have a PURCH and SALES detail for each of our schedules

    Seems like the wizard creates too many combinations and if we are never going to use them, it seems not worthwhile.

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