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<DIV dir=ltr align=left><SPAN class=487530902-17052005><FONT face=Arial
color=#0000ff size=2>Thank you Linda.</FONT></SPAN></DIV>
<DIV dir=ltr align=left><SPAN class=487530902-17052005><FONT face=Arial
color=#0000ff size=2></FONT></SPAN> </DIV>
<DIV dir=ltr align=left><SPAN class=487530902-17052005><FONT face=Arial
color=#0000ff size=2>I also saw the notation in the Transaction Analysis - but
it seemed to relate to the school paying the bond, rather than the bond being
paid to the school. However, I guess the theory is the same. I
obviously will have to do some adjustments to other bonds that have been
receipted and create a new charge type just for the bond so that it can be "N"
whereas Hire of Facilities is "I".</FONT></SPAN></DIV>
<DIV dir=ltr align=left><SPAN class=487530902-17052005><FONT face=Arial
color=#0000ff size=2></FONT></SPAN> </DIV>
<DIV dir=ltr align=left><SPAN class=487530902-17052005><FONT face=Arial
color=#0000ff size=2>I appreciate the help. I have only just joined this
group and the information that flows is very interesting to read - I have
created a new folder just for these emails, so I can save them and refer back at
a later date.</FONT></SPAN></DIV>
<DIV dir=ltr align=left><SPAN class=487530902-17052005><FONT face=Arial
color=#0000ff size=2></FONT></SPAN> </DIV>
<DIV dir=ltr align=left><SPAN class=487530902-17052005><FONT face=Arial
color=#0000ff size=2>Regards,</FONT></SPAN></DIV>
<DIV dir=ltr align=left><SPAN class=487530902-17052005><FONT face=Arial
color=#0000ff size=2></FONT></SPAN> </DIV>
<DIV align=left><FONT face=Forte color=#ff00ff size=5><EM>Raelene
</EM></FONT></DIV>
<DIV align=left><FONT face="Eras Medium ITC" size=2>Raelene Clark</FONT></DIV>
<DIV align=left><FONT face="Eras Medium ITC" size=2>Business
Manager</FONT></DIV>
<DIV align=left><FONT face="Eras Medium ITC" size=2>Bayswater Primary
School</FONT></DIV>
<DIV align=left><FONT face="Eras Medium ITC" size=2>9721 3755</FONT></DIV><BR>
<DIV class=OutlookMessageHeader lang=en-us dir=ltr align=left>
<HR tabIndex=-1>
<FONT face=Tahoma size=2><B>From:</B> busmanagers-bounces@edulists.com.au
[mailto:busmanagers-bounces@edulists.com.au] <B>On Behalf Of </B>Campbell, Linda
C<BR><B>Sent:</B> Tuesday, 17 May 2005 12:04 PM<BR><B>To:</B> Business Managers'
Mailing List<BR><B>Subject:</B> RE: [Busmanagers] GST - Refund of
Bond<BR></FONT><BR></DIV>
<DIV></DIV>
<DIV class=Section1>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">Hi
Raelene,<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">According to the old
“Transaction analysis for a sample school” put out by DET when the GST was
implemented, Bonds should be coded ‘N’ out of
scope.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><I><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-STYLE: italic; FONT-FAMILY: Arial">“A
deposit held as security for the performance of an obligation is not treated as
consideration for a supply. Therefore, upon recovering the bond paid the school
would not be required to account for GST.”<o:p></o:p></SPAN></FONT></I></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">This can also be true
for deposits for camps etc.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">I emailed Jeff Crosbie
some time ago, and the information I got from him
was:<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">“<I><SPAN
style="FONT-STYLE: italic">The camp company is correct in not charging GST on
the camp deposit. The procedure that you need to follow
is:<o:p></o:p></SPAN></I></SPAN></FONT></P>
<UL style="MARGIN-TOP: 0cm" type=disc>
<LI class=MsoNormal style="COLOR: navy; mso-list: l0 level1 lfo1"><I><FONT
face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Arial">Pay the
deposit using N (out of scope)<o:p></o:p></SPAN></FONT></I>
<LI class=MsoNormal style="COLOR: navy; mso-list: l0 level1 lfo1"><I><FONT
face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Arial">When you
receive the final invoice for the camp, you need to do a credit note for the
deposit (also using code N) and make sure you do not attach the credit note to
an invoice.<o:p></o:p></SPAN></FONT></I>
<LI class=MsoNormal style="COLOR: navy; mso-list: l0 level1 lfo1"><I><FONT
face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Arial">Then pay the
full total amount of the camp using I
(inclusive).<o:p></o:p></SPAN></FONT></I> </LI></UL>
<P class=MsoNormal><I><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-STYLE: italic; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></I></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">Hope this
helps<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">Linda
</SPAN></FONT><FONT face=Wingdings color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Wingdings">J</SPAN></FONT><FONT
face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<DIV>
<P class=MsoNormal><STRONG><B><FONT face="Lucida Handwriting" color=#800040
size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: #800040; FONT-FAMILY: 'Lucida Handwriting'">Linda
Campbell</SPAN></FONT></B></STRONG><FONT color=navy><SPAN
style="COLOR: navy"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><STRONG><B><FONT face="Lucida Handwriting" color=#800040
size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: #800040; FONT-FAMILY: 'Lucida Handwriting'">Business
Manager</SPAN></FONT></B></STRONG><FONT color=navy><SPAN
style="COLOR: navy"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><st1:place w:st="on"><st1:PlaceName
w:st="on"><STRONG><B><FONT face="Lucida Handwriting" color=#800040 size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: #800040; FONT-FAMILY: 'Lucida Handwriting'">Montrose</SPAN></FONT></B></STRONG></st1:PlaceName><STRONG><B><FONT
face="Lucida Handwriting" color=#800040 size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: #800040; FONT-FAMILY: 'Lucida Handwriting'">
<st1:PlaceType w:st="on">Primary
School</st1:PlaceType></SPAN></FONT></B></STRONG></st1:place><o:p></o:p></P></DIV>
<DIV>
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face="Times New Roman" size=3><SPAN lang=EN-US style="FONT-SIZE: 12pt">
<HR tabIndex=-1 align=center width="100%" SIZE=2>
</SPAN></FONT></DIV>
<P class=MsoNormal><B><FONT face=Tahoma size=2><SPAN lang=EN-US
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">From:</SPAN></FONT></B><FONT
face=Tahoma size=2><SPAN lang=EN-US
style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">
busmanagers-bounces@edulists.com.au [mailto:busmanagers-bounces@edulists.com.au]
<B><SPAN style="FONT-WEIGHT: bold">On Behalf Of </SPAN></B>Clark, Raelene
V<BR><B><SPAN style="FONT-WEIGHT: bold">Sent:</SPAN></B> Tuesday, 17 May 2005
11:41 AM<BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B>
busmanagers@edulists.com.au<BR><B><SPAN
style="FONT-WEIGHT: bold">Subject:</SPAN></B> [Busmanagers] GST - Refund of
Bond</SPAN></FONT><SPAN lang=EN-US><o:p></o:p></SPAN></P></DIV>
<P class=MsoNormal><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt"><o:p> </o:p></SPAN></FONT></P>
<DIV>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Hi
everyone,</SPAN></FONT><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt"> <o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Can you tell me the correct GST
treatment when refunding a bond following the hire of facilities. I have
receipted the bond as GST inclusive - is this
correct?</SPAN></FONT><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt"> <o:p></o:p></SPAN></FONT></P></DIV>
<P class=MsoNormal><EM><I><FONT face=Forte color=fuchsia size=5><SPAN
style="FONT-SIZE: 18pt; COLOR: fuchsia; FONT-FAMILY: Forte">Raelene
</SPAN></FONT></I></EM><o:p></o:p></P>
<P class=MsoNormal><FONT face="Eras Medium ITC" size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Eras Medium ITC'">Raelene
Clark</SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><FONT face="Eras Medium ITC" size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Eras Medium ITC'">Business
Manager</SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><st1:place w:st="on"><st1:PlaceName w:st="on"><FONT
face="Eras Medium ITC" size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Eras Medium ITC'">Bayswater</SPAN></FONT></st1:PlaceName><FONT
face="Eras Medium ITC" size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Eras Medium ITC'"> <st1:PlaceType
w:st="on">Primary
School</st1:PlaceType></SPAN></FONT></st1:place><o:p></o:p></P>
<P class=MsoNormal><FONT face="Eras Medium ITC" size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Eras Medium ITC'">9721
3755</SPAN></FONT><o:p></o:p></P>
<DIV>
<P class=MsoNormal><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt"> <o:p></o:p></SPAN></FONT></P></DIV>
<P><B><FONT face="Times New Roman" size=3><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 12pt">Important - </SPAN></FONT></B>This
email and any attachments may be confidential. If received in error, please
contact us and delete all copies. Before opening or using attachments check them
for viruses and defects. Regardless of any loss, damage or consequence, whether
caused by the negligence of the sender or not, resulting directly or indirectly
from the use of any attached files our liability is limited to resupplying any
affected attachments. Any representations or opinions expressed are those of the
individual sender, and not necessarily those of the Department of Education
& Training.<o:p></o:p></P></DIV>
<P></P>
<P><B>Important - </B>This email and any attachments may be confidential. If
received in error, please contact us and delete all copies. Before opening or
using attachments check them for viruses and defects. Regardless of any loss,
damage or consequence, whether caused by the negligence of the sender or not,
resulting directly or indirectly from the use of any attached files our
liability is limited to resupplying any affected attachments. Any
representations or opinions expressed are those of the individual sender, and
not necessarily those of the Department of Education & Training.
</P><p></p><p><b>Important - </b>This email and any attachments may be confidential. If received in error, please contact us and delete all copies. Before opening or using attachments check them for viruses and defects. Regardless of any loss, damage or consequence, whether caused by the negligence of the sender or not, resulting directly or indirectly from the use of any attached files our liability is limited to resupplying any affected attachments. Any representations or opinions expressed are those of the individual sender, and not necessarily those of the Department of Education & Training.</BODY></HTML>