Handling Australian GST Requirements for Payables Transactions in eConnect

This is a reposting of an article I originally wrote on my Developing for Dynamics GP blog.
As part of the handling of Australian Good and Services Tax (GST), Microsoft Dynamics GP needs to be able to track if a Tax Invoice has been received for payables transactions.
This is important as a company must have a Tax Invoice for a purchase before they are allowed to claim the Input Tax Credit for that purchase. The Input Tax Credits are balanced against the tax they have collected from sales and only the balance is due to the Australian Taxation Office (ATO).



