GST
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From any screen within RMSWeb

Click once on Setup on the Navigation bar
Choose Accounting from the list
Choose Accounting Options from the sub list
Choose the GST Tab

Watch a short Tutorial on the main options to set on this screen, for first time implementation movie_iconHelpFiles (Coming Soon)

Below you will find a brief description on each of the options presented on this screen;



Accounting Method:  
Select the Accounting method to apply at your site 
 
Cash Accounting/ Accrual Accounting:  
Please consult your accountant.
 

ABN:  
Enter your properties Australian Business Number to appear on tax invoices, receipts and statements through out the system.
 
 
Round Rent Up or Down to the nearest 5 cents:  
All repeat charges will automatically round to the nearest 5 cents.
 
 
Show GST amount separately on each transaction:  
This option shows the GST amount in brackets next to each transaction.
 
 
GST Setting:
RMS supports all variants permitted by the Goods and Services Tax (GST) legislation. Select the option applicable to your site. RMS cannot provide advice on selection of which GST option or the rate calculation which applies at your site. Please consult your accountant.

AccountingOptionsGST

 
 

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