Tax Report
GST amounts you owe the Tax Office from sales
G1: Total Sales (including any GST)
G1
G1
G2: Export sales
G2
G2
G3: Other GST-free sales
G3
G3
G4: Input taxed sales
G4
G4
G5: G2 + G3 + G4
G2+G3+G4
G6: Total sales subject to GST (G1 minus G5)
G1-(G2+G3+G4)
G7: Adjustments (if applicable)
G7
G7
G8: Total sales subject to GST after adjustments (G6 + G7)
(G1-(G2+G3+G4))+G7
G9: GST on sales (G8 divided by eleven)
((G1-(G2+G3+G4))+G7)/11
GST amounts the Tax Office owes you from purchases
G10: Capital purchases (including any GST)
G10
G10
G11: Non-capital purchases (including GST)
G11
G11
G12: G10 + G11
G10+G11
G13: Purchases for making input taxed sales
G13
G13
G14: Purchases without GST in the price
G14
G14
G15: Estimated purchases for private use or not income tax deductible
G15
G15
G16: G13 + G14 + G15
G13+G14+G15
G17: Total purchases subject to GST (G12 minus G16)
(G10+G11)-(G13+G14+G15)
G18: Adjustments (if applicable)
G18
G18
G19: Total purchases subject to GST after adjustments (G17 + G18)
(G10+G11)-(G13+G14+G15)+G18
GST on purchases (G19 divided by eleven)
((G10+G11)-(G13+G14+G15)+G18)/11
GST only purchases
ONLY
ONLY
G20: GST on purchases
(((G10+G11)-(G13+G14+G15)+G18)/11)+ONLY
Comparison
Comparison
GST from worksheet (G20-G9)
((((G10+G11)-(G13+G14+G15)+G18)/11)+ONLY)-(((G1-(G2+G3+G4))+G7)/11)
GST from General Ledger
GST from General Ledger