Home – New Forums Money matters GST in a buiding quote

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  • #987689
    timberscott
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    Hi everyone,

    I just have a really basic question, for some reason my mind has gone blank!

    If i am working out a quote for some building work,

    lets say for windows, plumbing, doors, electrical.

    Say I have all 4 quotes from separate trades, which include gst. When I write out the quote, do I exclude the gst from each price, and then just add the gst at the bottom of the quote? Otherwise I would be charging 2 lots of gst?
    Is this correct?

    Sorry for the stupid question :(

    #1163814
    timberscott
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    Just to make it clearer:

    Windows…………………………….$500 ex gst………………….$550 with gst
    Doors…………………………………$300 ex gst…………………..$330 with gst
    Plumbing…………………………….$750 ex gst…………………..$825 with gst
    Electrical…………………………….$220 ex gst…………………..$242 with gst

    Total…………………………………..$1770…………………………..$1947
    gst……………………………………..$177……………………………..$194.70
    Total…………………………………..$1947……………………………$2141.70

    First column is how I think it should be, and second column is charging the gst twice?
    Hope that makes sense?

    #1163815
    Tony Manto
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    If it all for the one quote, I would list each one without GST then total them then add GST.

    #1163816
    timberscott
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    Hi Tony,

    thanks for your reply mate, much appreciated!

    Scott

    #1163817
    Jason@Plumsale
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    Scott,

    You can do it either way. We have customers using our system that prefer to have GST on each line item, and the total GST calculated at the bottom, you don’t have to add more GST to the grand total, if it already includes your GST.

    A good reason to have the GST listed on each item is if you have GST free items mixed with GST items, then it’s clear what is taxed. ie it’s not always 110% of your total.

    #1163818
    timberscott
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    Hi Jason,

    that makes a lot of sense to have the gst on each line, as you say to show the non-gst items.

    Many thanks for your help!

    Scott.

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