Set up customised report for Australian GST invoices
----------------------------------------------------

This is a sample "tax invoice" report ([Report]-->[Business]-->[Tax Invoice]) setup for GST invoices, \
see Australian tax invoices "specification":
["Goods and Services Tax Ruling" GSTR 2011/D1](http://law.ato.gov.au/atolaw/view.htm?Docid=DGS/GSTR2011D1/NAT/ATO/00001)

### Edit Report Options:

#### Display (cosmetic settings - non-critical)

    table:border-collapse           [*]
    table-header-border-color:      [grey]
    table-cell-border-color:        [silver]

#### Elements (let to enable/disable report components)

    column: Date                    [_]
    column: Tax Rate                [_]
    column: Units                   [*]
    row: contact                    [_]
    row: address                    [_]
    row: Invoice Number             [_]                     // Invoice number on right-hand side above "Invoice Date"
    row: Recipient                  [_]                     // Display of [Customer::Company Name] on left hand side
    Invoice Number next to title    [*]                     // Invoice number on right-hand after [General::Report title]

#### General

    Report name:                    [AU Tax Invoice]
    Report currency:                [AUD]                   // Displayed after "Amount Due" if set.

#### Headings1

    Report title:                   [Tax Invoice]           // Displayed on top-right
    Net Price:                      [Net Price (excl GST)]
    Tax Amount:                     [GST Amount]
    Total Price:                    [Total Price (incl GST)]

Note:
    Use `&nbsp;` instead of white space to prevent word wrap.
    Alternatively on GNU/Linux systems a non-breaking space can be entered as:
    [Ctrl+Shift+U + a0]

#### Headings2

    Amount Due:                     [Total Amount Due]
    Invoice number text:            [#]
    To text:                        [To:]

After customisation use menu [File]-->[Add report]
to save report under name given in [Report options]-->[General]-->[Report name]  \
(Report will be available in menu [Reports]-->[Custom reports]


* * * * *


[How to set up Accounts for Australian GST](http://wiki.gnucash.org/wiki/Alternate_Australian_GST_setup)
-----------------------------------------

The following GST scheme is used by MYOB BussinessBasics. 

Since GST is money you owe the government (or visa versa) you create an account called: 

    Liabilities:GST 

Then, to make your balance sheet more informative, you create two sub accounts: 

    Liabilities:GST:Collected 
    Liabilities:GST:Paid 

Whenever you receive income you record the GST component in Liabilities:GST:Collected
and whenever you make a purchase you record the GST component in Liabilities:GST:Paid.

At the end of each accounting period if you owe the government money then you record the
amount you paid it in Liabilities:GST:Paid.
Or if the government owes you money then the amount you receive should be recorded in
Liabilities:GST:Collected. 

This simple scheme can easily be modified to be the same as the 3-account system.
In this scheme Liabilities:GST:Paid is exactly the same as in the 3-account system,
but Liabilities:GST:Collected is given the rather confusing name of Liabilities:GST:Payable.
To move to the 3-account system all you need to do is create a new account called: 
Liabilities:GST:BAS 

This is where all of the GST money you pay the government is recorded.
In the 3-account system this account is called Liabilities:GST:Payments. 


Another variation of the 3-account setup is to have the BAS payments (or refunds)
as separate sub-accounts, rather then entering the transactions directly in the
Collected and Paid accounts.

    Liabilities 
        GST 
            Sales 
                Collected (gst received from sales) 
                BAS (net gst payments to ATO) 
            Purchases 
                Paid (gst paid on purchases)
                BAS (net gst refunds from ATO) 

You are free to change the names to be more explicit if it makes things easier for you :)

    Liabilities 
        GST 
            Sales 
                GST Received (gst received from sales) 
                BAS Payments (net gst payments to ATO) 
            Purchases
                GST Paid (gst paid on purchases) 
                BAS Refunds (net gst refunds from ATO)

