You may be surprised to know that not all receipts are accurate.

They are dated incorrectly.

They have listed expenses incorrectly.

They don’t use a GST rate of 10%.

They simply don’t add up.

You cannot assume that an invoice or a receipt is correct, and if it is for a significant amount you should do a quick check.  Fortunately if you are using MYOB software, many errors will be highlighted during the entry process. 

With one client we identified a custom agent was using GST at a rate of 20% rather than 10% as I could never get the entries to add up during data entry processing into MYOB software.  We arranged for in excess of $2000 GST rebate from this supplier.  It is nice to find errors in favour of the customer.

Last week I visited a West End coffee store early morning before a client meeting.  The music was so loud my head rattled, and I was unable to pre-prep.  I went to pay, realised I had no cash, and there was a $10 minimum on EFTPOS ~ fair enough.  I told the cashier to take tips and just to make the bill up to $10 even.

I am really not sure why I ended up paying 40 cents extra, when I was making the bill up to $10 even and why the tip portion is invisible.

It is probably legitimate taxation/accounting reasons that the tip is not shown, I am not suggesting this receipt is inaccurate but I think the invoice is a little confusing. 

 

from Heather Smith ~ MYOB Certified Consultant