Debtor and Creditor GST Tax Code FAQs

Introduction: This article outlines the updated location of the GST rate selection field within the Debtor and Creditor setup screens in Profitz. This setting is essential for ensuring accurate tax reporting for your accounts.

Where has the GST Tax Code selection moved to?

The location for selecting the GST rate has changed. Previously found in the Additional Info tab, it is now located in the Basic Details tab for both Debtors and Creditors.

How do I set the GST Rate for a Debtor or Creditor? To update or verify the tax code, follow these steps:

1. Open the Debtor or Creditor record you wish to edit.
2. Click on the Basic Details tab.
3. Locate the GST Rate dropdown menu to make your selection.

Debtors:

Creditors:

4. Click Save.

Why was this setting moved?

Moving the GST rate to the Basic Details tab groups key financial configuration settings together. This streamlines the workflow when setting up new Debtors and Creditors in Profitz, ensuring all essential data is entered in one primary location.

Additional information:

• How To Article: Debtor (Customer) Setup
• How To Article: Creditor (Supplier) Setup

For further assistance, please contact Profitz Support.