15% GST after agents deductions and with holding tax has been paid
My agents are GST registered so I need to pay them commission plus GST. There is no where for me to add this on the commission worksheet. Instead of a deduction I need an addition. I have tried putting GST in as a negative deduction (which would work fine) however when I saved the worksheet it put the amount back to zero so it doesn't accept the negative number.
This commission worksheet is not useful to me if I cannot add GST as all of my agents are GST registered. Surely this problem has come up before??
AdminAlex Babkov (Admin, Rex Software) commented
The GST issue sounds more like a payroll problem than something that should be getting dealt with at the time of paying rather than at the time of calculation. In terms of tracking running totals (which you mentioned in a different suggestion) this is typically where the agent ledgers add on comes in https://www.rexsoftware.com/agent-ledgers-xero-integration/ (please note, due to limitations on Xero's end, the xero integration is unfortunately not available in New Zealand).
We'll leave this item open for future feedback in case dealing with GST at an earlier stage makes sense.