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You have two options for this in QuickBooks Online.

We have used the example of a purchase from Officeworks where the Slab of water is GST free and the stationery has 10% GST on it.

Option 1: Entering from a bank feed   or Click Here to watch the video

Option 2: Entering the transaction manually  or Click Here to watch the video

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Option 1: Entering from a bank feed

Click here to watch the video on how to enter a transaction with split GST from the bank feeds

  1. Find your transaction in the bank feeds

  2. Click on the line of the transaction and then on the bottom right click on the word 'split'

  3. In the screen that opens, set your Payee

  4. Set your category to the account for this transaction

  5. Fill in the description

  6. Set the GST code to GST on Purchases (Previously also known as GST on Non Capital purchases) for the part of the transaction that has GST 

  7. Enter the amount of that line

  8. Repeat steps 4 and 5 on the next line

  9. Set the GST code to GST Free Purchases (Previously also known as GST Free on Non Capital purchases) for the part of the transaction that is GST FREE

  10. Save and Add the transaction

 


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Option 2: Entering the transaction manually

Click here to watch the video on how to enter a transaction with split GST manually.

  1. From QuickBooks Online, choose the ' + New' symbol on the left hand side navigation bar

  2. Enter the Payee for the transaction and set the bank account

  3. Enter the payment date

  4. Click on the first line of the transaction and set your category to the account for this transaction

  5. Fill in the description for that line

  6. Enter the amount of the transaction that is GST FREE

  7. Set the GST code to GST Free Purchases (Previously also known as GST Free on Non Capital purchases) for the part of the transaction that is GST FREE

  8. Repeat steps 4 to 6 on the next line for the part of the transaction that has GST

  9. Set the GST code to GST on Purchases (Previously also known as GST on Non Capital purchases) for the part of the transaction that has GST 

  10. Check the GST is what you expected it to be

  11. Save and Close the transaction from the Green drop down on the bottom right of the screen

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