Tax Regime Settings

Tax Regime Settings - Codes tab

Navigator > Setup > Goods and Services Tax > Tax Regimes > Codes tab

Tax codes are used to calculate Tax on orders, invoices and transaction analysis lines. Tax codes are selected when setting up AR Sales Groups, AP Expense codes and CB Analysis codes, and also apply when calculating Tax inclusive prices for Price Codes in IC.

Default codes are automatically created when a regime is added.

The New Zealand Base Regime has the following codes:

Code	Code Name	Description
0	Zero Rated	The GST Code used for exports.
1	GST	For goods and services that attract GST at the current GST rate.
G	GST Only	For goods and services that are All GST, for example, GST paid to customs.
E	Exempt GST	For services that don’t attract GST, such as wages. Includes payments of GST to the IRD. These are not shown on the GST Return.

The Australian Base Regime has the following codes:

Code	Code Name	Description
1	GST	For goods and services that attract GST at the current GST rate.
C	Customs GST	GST paid to Customs.
F	GST Free	GST free goods and services.
G	GST Only	GST adjustment code used to correct or amend previous transactions.
I	Input Taxed	Input taxed supplies and expenses.
X	Import / Export	The GST Code used for exports. The X GST Code is used for exports in all Other Regimes.
E	Exempt GST	For services that don’t attract GST, such as wages. Includes payments of GST to the ATO. These are not shown on the BAS Return.

Codes must be unique within a company. If the Base Regime is NZ, then set NZ codes as above. If you have another regime, append the Regime Code to each code, except for E. For example, for an Australian other regime would have codes 1AU, CAU, FAU, and so on, to distinguish them from the NZ codes. The Exempt Code E is available to all regimes. This does not need the regime code appended.

Every Regimes require an Export GST Code. For NZ Regimes this is 0, as this is zero rated. For Australian and other Regimes this is X.


Grid Fields
GST Code		The Tax Code. This must be unique across all Tax Regimes, so we recommend appending the Regime Code to non-Base Regime GST codes. For example, for an Australian other Regime, the default rate would be 1AU. Note: Rates can only be added for Codes starting with a digit from 1 to 9.
Description		Description of the tax code.
GST Filter		Determines the Account Class the Tax Code will be available on: Purchases/Expense - the GST code will be available on Expense or Asset Class Analysis codes. All/General - the GST code will be available on Asset, Expense, Income or Liability Class Analysis codes. Sales/Income - the GST code will available on Income or Liability Class Analysis codes. Not Available - GST codes cannot be deleted. You can set a GST Code to Not Available so it cannot be used.
Base GST Code		For GST Codes in other regimes, the GST Code to report under in the Base Regime. This is required for all Other Regime codes. For the Exempt Code E, this will always map to E. Cannot be edited for the Base Tax Regime. Other Regime Purchases are treated as Exempt in the Base Regime, so will map to E.
Map From GST Code		Other Regime GST Codes can be mapped from a GST Code in the base currency. When a Document or Transaction is processed for the Other Regime and a product code or analysis code is selected, the GST Code for the regime is selected via the mapping, unless an explicit override has been added. For the Default Tax Code in the Regime, this defaults to the Base Regime Default Tax Code. For the Exempt Code E, this will always map to E. Cannot be edited for the Base Tax Regime.
Grid Toolbar
	Expand Toolbar `(Alt+F9)`	Expand the toolbar to give access to all toolbar options. Press `Esc` to close the expanded toolbar.
	Insert `(F4)`	Insert a new GST Code. Codes must be unique, and must start with a digit between 1 and 9. We recommend following the pattern of appending the Regime Code for non-base regimes.
	Delete `(F3)`	Delete the GST Code.
	Print `(Ctrl+P)`	Print a report of the list, or save it as a PDF file to send as an email attachment.
	Customise `(Alt+F5)`	Opens Customise Fields, you can customise the fields visible in the grid.
	Refresh `(F5)`	Reloads changes other Users may have made.
	Maintain Rates	Opens Tax Rates. You cannot add rates for GST Codes starting with 0 or a letter.
	Set As Default	Select the Tax Code (shown in bold) to be used on new Analysis groups, Invoice lines and products added to IC. Tax Code 1 (default percentage) is used when calculating tax using the Accredo calculator. The default code is shown on the General tab.