Seminars

3. BASICS OF GST FOR ACCOUNTS RECEIVABLE

3. BASICS OF GST FOR ACCOUNTS RECEIVABLE
*Typical supplies and sales made by Council
*The concepts of taxable supply, GST-free supply, input taxed supply and out of scope transactions
*Typical acquisitions made by Council
*The various documents to be provided by Council
*What must a document contain to be a valid tax invoice, RCTI and adjustment note
*When you don’t need to provide a valid tax invoice
*The need for coding by accounts receivable
*BAS treatment of supplies
*How to identify the tricky situations