GST - BAS Statements

[bekby]

Just wondering if their is anyone who is doing BAS / GST statements to the Tax of with their Avon??

[Kerryn]

Thats a good question, Bekby.  I believe a lot of the time Avon is classed as a hobby, but for some of the top reps it is a proper business and they do to BAS/GST. It would be great to know if anyone has to do this??

Cheers,

Kerryn 

[bekby]

Hi Kerryn,

Sad but I have to do BAS statements as my Customer Sale Price is over 75K so I have to do it. I was hoping that someone would be able to help with a question.;

thanks

[Kerryn]

I do know we have a few that also have to do BAS/GST.  Why don't you post the question and I sure one of them will give you an answer.

Cheers,

Kerryn 

[bekby]

Ok thanks

Question: if you are registered for GST - are you paying the GST on the products ?

Question: Are you paying gst  on the customer sale price?

thanks

[Kerryn]

HI Bekby, I asked some friends and got this reply, hope it helps....

(a) You do not need to register for GST unless your 'Turnover (Customer Sales LESS returns are over $75,000).

Customer sales are actual sales. So if a product is priced at $50 in the Avon Brochure, and you sell it for $40, you use the $40 as your selling price. You also need to include any Demonstration products which are purchased on Demo (but later sold to a customer) in your total.

You then pay GST on the TOTAL (which is derived at after all ACTUAL sales are tallied LESS returned products).

GST is based on your ACTUAL RETAIL SALE PRICE and not the SUGGESTED RETAIL PRICE.

The way your CRM works, showing the actual sale price to the customer as the bottom line, this should give a correct total, seeing as you have taken off the discounts before you arrive at the total.

Cheers,

Kerryn   

[bekby]

Hi Kerryn,

I spoke to an accountant this week as Im over the $75K. I have been doing to BAS for 4 years but had a really bad feeling that I was incorrect in lodging as Avom told me that they pay the GST and I didnt have to worry about it.

In the end I have been doing it right and so I have to keep doing BAS unless I drop down.

I have been told that I should be giving out Invoices Not packing slips (which will be bad as I cant use CRM them) and that My ABN and gst COMPONENT should be on invoice.

Im just waiting for the TAX man to advise me.

bekby

[Kerryn]

Hi Bekby,

We are in the process of having a few extras added as options e.g.

Invoices/Packing Slips...that is just the wording.  Don't worry we can have them say "Tax Invoice' and we can add in the ABN no.

It is just the GST component.  I will try and find out what others do hhere.

Cheers,

Kerryn   

[Mark Richter]

Hi Bekby,

We could certainly add more in to AvonCRM for this as there are a few people asking for it but it has me very confused.  How do you determine the GST you have to pay?  Taking Kerryn's example you sell an item for $50 and you pay Avon $40 for it.  Avon will pay GST on it (if it's applicable) so what do you pay?  What do you put o your BAS. your GST component and both Avon and yours?

Any help you can provide would be great.

Thanks,
Mark

[bekby]

Hi Mark

Can I email you directly?

Bekby

[Mark Richter]

Sure bekby,

Use the email address attached to my forums profile;
or send me a personal message via the forums;
or email support at avoncrm dot com dot au.

-Mark