There are lots of times you will pay a bill or get a receipt from spending some money only to find that the amount of GST you’ve been charged is not 10% of the total. Usually when this happens, the amount of GST is less than 10% of the total amount of money you’ve spent.
In Xero, there is no way to change the GST percentage, so how can you code a bill or spend money transaction with less than 10% GST?
There are a few ways to accomplish this and ensure the right amount of GST goes to your BAS return in Xero.
Check out our video to find out a simple way to get it done.
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