Understanding GST Calculator: Query on Calculation Method - 2 views

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  #1 wilova on 18 May 24

   

  Hello everyone.
  
  I've been using a GST calculator for my business transactions, but I'm a bit confused about its calculation method. Could someone clarify how it determines the GST amount? Specifically, I'm curious if it's based on the pre-GST or post-GST price of an item to know How much is gst? Does it calculate GST on the total amount including GST, or only on the base price? Any insights or explanations would be greatly appreciated. I want to ensure that I'm accurately accounting for GST in my financial records. Thank you in advance for your help and expertise!

   

  <div class="cArrow"> </div><div class="cContentInner">Hello everyone. <br /> <br /> I've been using a GST calculator for my business transactions, but I'm a bit confused about its calculation method. Could someone clarify how it determines the GST amount? Specifically, I'm curious if it's based on the pre-GST or post-GST price of an item to know <a href="https://findgst.com.au/" rel="nofollow">How much is gst</a>? Does it calculate GST on the total amount including GST, or only on the base price? Any insights or explanations would be greatly appreciated. I want to ensure that I'm accurately accounting for GST in my financial records. Thank you in advance for your help and expertise!</div>

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