I've scoured the archives to try to understand the level of support in
OfBiz for GST/VAT.
I've spent quite a while browsing source from SVN 425970 (approx. 27
July 2006), and I get the impression you can do it, provided you work
withing certain limitations (this isn't bad, BTW).
Here's what I've done to try to validate the support:
1) Create a new RateProductType for GST
2) Create a GST product category (or more than one if needed - in my
application, everything is subject to the same GST rate)
3) Allocate all products subject to GST to the category (all in my case)
2) Add a RateProduct to the VAT Tax Authority, ensuring this is tagged
with the GST product category
Is it safe to say that this approach works if product prices are stored
ex-GST? In this case, OfBiz treats the GST tax adjustment as a "Other"
adjustment and proceeds accordingly. Does anyone know a way to use
GST-inclusive product prices, and have the applications (ordering,
invoicing, accounting, etc) correctly report the GST? As far as I can
tell, this doesn't work, but would like to be educated otherwise.
I realise I'll need to modify the default applications for my
environment (in Australia) to support legally mandated reporting
requirements, but are there any "gotchas" from anyone who's already been
down this path?
From what I can tell, Purchase Orders don't handle GST. By that I mean
that if I raise a PO for a supplier, the GST/VAT component of the cost
is not tracked, reported, or accounted for. Again, please tell me if
I've got this wrong.
I'd love to hear from anyone in Australia (or EU where the VAT is
somewhat similar) whose already been down this path and bridged any gaps.
Cheers, Iain
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