9.40 Stock Write Off accounted for Output Tax

1. You still need to post the double entry via Journal Entry. Refer to 1.06 How to Enter Stock Loss/Stock Write-off?

DR Stock Loss 100.00

CR Purchase 100.00

Note: Please indicate the Gift/Deemed Supply doc no for cross reference.

2. To account for output tax on the stock write off, enter via GST | Gift / Deemed Supply...

3. Tax code (DS) and Expenses GL Account (GST Unclaimable).

DR GST Unclaimable 6.00

CR GST Payable 6.00