How to update GST/VAT Rate in JobBag

See below some instructions and information about updating the GST/VAT rate in JobBag

Note: Please read all of the instructions carefully and chat with support before changing the rate in JobBag

Go to File Menu > Configuration > Country > Liable for tax country (Australia) > Tax Tab> Edit > Update tax Percentage Field to the new rate

Estimates

GST/VAT on estimates cannot be edited

Before you change the GST/VAT rate in JobBag

• Accept all estimates if you want the old rate (this is important as estimates cannot be edited and changed back once the rate has been increased in JobBag)

• Accepted estimates before the rate change will be at the old rate

After the GST/VAT rate change in JobBag

• Edit an unapproved/approved estimate it will update the GST/VAT to the new rate automatically

• When you accept an estimate with the old rate after the rate change, it will update the GST/VAT amount to the new rate automatically. This is why it’s important to accept all estimates with the old rate before the rate change

• When you create a new estimate after the rate change the new rate will apply

Client Invoices

Before you change the GST/VAT rate in JobBag

• Create all test invoices and log before the rate change

After the GST/VAT rate change in JobBag

• When you create a new client invoice after the rate change the new rate will apply

• When you create a client invoice from the estimate the rate on the estimate will apply

• Therefore, create a client invoice from the estimate and last years rate will apply

• GST/VAT on client invoices can be manually changed if required

• Credit notes will credit out at the old rate

• Cloning an old invoice; the OLD rate will apply but this can be edited

Purchase Orders

Before you change the GST/VAT rate in JobBag

• Approve all POs at the old rate before changing the rate

After the GST/VAT rate change in JobBag

• When you create a brand new PO the new rate will apply

• Rate can be changed on the PO using the GST/VAT field on the PO

• Edit OLD POs to change the rate using the GST/VAT field

• You can update the VAT field in the header edit the GST/VAT field in the header to determine the VAT

Supplier Invoices

• When you create a new supplier invoice (with a PO) the rate on the PO will apply. The rate can be updated in the header

• You can change the rate on a supplier invoice using the GST/VAT field in the header

• You can Edit an OLD supplier invoice to update the rate using the GST/VAT field in the header

• When you create an invoice from a PO with last years rate, last years rate will apply. This can be updated in the header

Need more help?

Please contact support call 02 8115 8090 or email support@jobbag.com