[Oceania-Board] Change in GST handling for NZD Transactions from Stripe

[Alex Leith]

Hey Folks

I have made a change to some transactions, and wanted to note them down for
the record.

I used this query:
https://go.xero.com/Accounts/Recoding/Recode/?recodeHistoryId=8ceadfba-43da-4de3-9b87-5d5e90ef8888
in
Xero to identify a group of transactions that roughly adds up to the amount
of money we received from the Auckland Hub ticket sales. Transactions are
in the image below.

[image: image.png]

We received $1543.61 NZD after fees, which is around $1420 AUD.

[image: image.png]

Since these transactions were for services provided in NZ, we don't need to
collect Australian GST, so we didn't. And because we're under the threshold
in NZ, we don't need to collect NZ GST, and we didn't. So we just need to
correctly account for this, so that we don't send GST $ to the Australian
government. So that's what I've changed. So I have changed the transactions
to be GST Free.

Let me know if you have any questions or concerns.

Cheers,

-- 
Alex Leith
m: 0419189050
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