Skip to main content
ysong17
Apr 6, 2022 3:06 AM UTC
Solved

Expense GST category

Hi,

My company is not registered for gst. and I am not doing BAS as I am non-gst registered.

Can anyone please tell me which GST category I need to put in for my expense (display items for the company)?

Thanks in advance.

IntuitSheilaAnswer
Apr 6, 2022 3:27 AM UTC

Hello ysong17,

 

You can set the Out of Scope tax code for your expenses if your not registered for BAS at the moment. Out of Scope tax codes will not be reported in your BAS and will not calculate GST on your expenses. Let me guide you how to set your default tax code to Out of scope.

 

  1. Click on the Settings icon.
  2. Click on Account & Settings.
  3. Click on Advanced tab.
  4. Click the pencil icon under Accounting section.
  5. Locate Default tax code selection and set to Out of scope.
  6. Click on Save, and Done.

Once done, when you create your transactions in QuickBooks Online the transaction will set to Out of scope tax code.

 

As always you can drop a comment below if you have more questions about GST. The Community is here to help you.

 

View in thread

5 replies

IntuitSheilaAnswer
Apr 6, 2022 3:27 AM UTC

Hello ysong17,

 

You can set the Out of Scope tax code for your expenses if your not registered for BAS at the moment. Out of Scope tax codes will not be reported in your BAS and will not calculate GST on your expenses. Let me guide you how to set your default tax code to Out of scope.

 

  1. Click on the Settings icon.
  2. Click on Account & Settings.
  3. Click on Advanced tab.
  4. Click the pencil icon under Accounting section.
  5. Locate Default tax code selection and set to Out of scope.
  6. Click on Save, and Done.

Once done, when you create your transactions in QuickBooks Online the transaction will set to Out of scope tax code.

 

As always you can drop a comment below if you have more questions about GST. The Community is here to help you.

 

    ysong17Author
    Apr 7, 2022 5:35 AM UTC

    Thanks Sheila, what about other expenses? eg, quickbooks subscription

    Do I still set 'Out of Scope' as I am not registered for GST?

    IntuitAika
    Apr 7, 2022 6:07 AM UTC

    Hi ysong17,

     

    Allow me to join the thread and share with you some information. 

     

    You can set the tax rate to out of scope for sales and purchases if your business is not registered for GST. Also, you can follow these steps on how you can set the default tax rate in QuickBooks Online. 

     

    1. Go to Gear icon and select Account and Settings. 
    2. Select Advanced.
    3. On Accounting section, click the drop down for Default tax rate selection and make your selection.
    4. Click Save, then click Done.

     

    As always, you can reach out with your accountant for any accounting advice. Feel free to check on this article about GST Overview for QuickBooks Online. 

     

    Let me know if you have any other questions. Have a great day! 

      Terms & ConditionsAccessibility statement