When you create an invoice or quote with Tyro Accounting and create a new billable item, you will be able to select whether to include GST in the price, add GST to the price or not apply GST to the price. Tyro Accounting will then automatically calculate the price being charged, GST and total price separately so that you can identify how much GST will be attached to each invoice or quote. To view how much GST will be attached to an invoice or quote:
- From the Home screen, click on Invoices
- Click on DRAFT INVOICE or DRAFT QUOTE
- Click on SELECT next to the person you want to invoice or quote
- Click on NEXT
- Under Add Billable Item select CREATE NEW ITEM
- Click on Create Billable Item
- Enter the amount of the invoice or quote
- Adjust GST settings to your preference
- Tyro Accounting will then calculate the GST and total price of the invoice or quote