How is GST calculated on line items in NextMinute?

In the NextMinute invoicing and quoting process, the Goods and Services Tax (GST) is calculated per line item rather than being based on the total amount of the Quote or Invoice.

We do this to ensure accuracy and transparency in our taxation procedures. By calculating GST at the line item level, we account for the specific tax rates applicable to each individual product or service being provided. 

This can lead to slight differences in the end GST amount when compared to calculating it based on the total of the Quote or Invoice. However, it allows us to adhere to the taxation laws and regulations more precisely and provide a clear breakdown of the GST charged for each item, enhancing clarity and compliance in our financial transactions.

Feel free to reach out to our support team at support@nextminute.com if you have further questions.