How is GST calculated on line items in NextMinute?
In NextMinute, Goods and Services Tax (GST) is calculated per line item rather than being calculated on the total amount.
Step 1: Add line items to a Quote or Invoice
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Create or open a Quote or Invoice in NextMinute.
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Add the required line items such as labour, materials, disbursements, or other charges.
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Enter the amount for each line item.
Step 2: GST is calculated automatically per line item
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When a line item is added, NextMinute calculates the GST amount for that individual item.
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Each line item will display its own GST value based on the applicable tax rate.
💡 This allows GST to be clearly broken down for each product or service included on the Quote or Invoice.
Step 3: Review the total GST amount
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After all line items have been added, NextMinute will sum the GST amounts from each line item.
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The combined total becomes the total GST shown on the Quote or Invoice.
💡 GST is rounded to 2 decimal places as recommended by the majority of the accounting systems.