<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML xmlns="http://www.w3.org/TR/REC-html40" xmlns:v =
"urn:schemas-microsoft-com:vml" xmlns:o =
"urn:schemas-microsoft-com:office:office" xmlns:w =
"urn:schemas-microsoft-com:office:word" xmlns:st1 =
"urn:schemas-microsoft-com:office:smarttags"><HEAD>
<META http-equiv=Content-Type content="text/html; charset=us-ascii">
<META content="MSHTML 6.00.2800.1491" name=GENERATOR><!--[if !mso]>
<STYLE>v\:* {
BEHAVIOR: url(#default#VML)
}
o\:* {
BEHAVIOR: url(#default#VML)
}
w\:* {
BEHAVIOR: url(#default#VML)
}
.shape {
BEHAVIOR: url(#default#VML)
}
</STYLE>
<![endif]--><o:SmartTagType name="PlaceType"
namespaceuri="urn:schemas-microsoft-com:office:smarttags"></o:SmartTagType><o:SmartTagType
name="PlaceName"
namespaceuri="urn:schemas-microsoft-com:office:smarttags"></o:SmartTagType><o:SmartTagType
name="place"
namespaceuri="urn:schemas-microsoft-com:office:smarttags"></o:SmartTagType><!--[if !mso]>
<STYLE>st1\:* {
BEHAVIOR: url(#default#ieooui)
}
</STYLE>
<![endif]-->
<STYLE>@font-face {
font-family: Tahoma;
}
@font-face {
font-family: Brush Script MT;
}
@font-face {
font-family: Eras Medium ITC;
}
@page Section1 {size: 595.3pt 841.9pt; margin: 72.0pt 90.0pt 72.0pt 90.0pt; }
P.MsoNormal {
FONT-SIZE: 12pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: "Times New Roman"
}
LI.MsoNormal {
FONT-SIZE: 12pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: "Times New Roman"
}
DIV.MsoNormal {
FONT-SIZE: 12pt; MARGIN: 0cm 0cm 0pt; FONT-FAMILY: "Times New Roman"
}
A:link {
COLOR: blue; TEXT-DECORATION: underline
}
SPAN.MsoHyperlink {
COLOR: blue; TEXT-DECORATION: underline
}
A:visited {
COLOR: purple; TEXT-DECORATION: underline
}
SPAN.MsoHyperlinkFollowed {
COLOR: purple; TEXT-DECORATION: underline
}
P {
FONT-SIZE: 12pt; MARGIN-LEFT: 0cm; MARGIN-RIGHT: 0cm; FONT-FAMILY: "Times New Roman"; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto
}
SPAN.EmailStyle19 {
COLOR: black; mso-style-type: personal-reply
}
DIV.Section1 {
page: Section1
}
</STYLE>
</HEAD>
<BODY lang=EN-AU vLink=purple link=blue>
<DIV dir=ltr align=left><SPAN class=560534901-25082005><FONT face=Arial
color=#0000ff size=2>Thanks Marianne - I appreciate the prompt
response.</FONT></SPAN></DIV>
<DIV dir=ltr align=left><SPAN class=560534901-25082005><FONT face=Arial
color=#0000ff size=2></FONT></SPAN> </DIV>
<DIV dir=ltr align=left><SPAN class=560534901-25082005><FONT face=Arial
color=#0000ff size=2>
<DIV align=left><FONT face="Brush Script MT" color=#0000ff size=6><EM>Raelene
</EM></FONT></DIV>
<DIV align=left><FONT face="Eras Medium ITC" color=#000080 size=2>Raelene
Clark</FONT></DIV>
<DIV align=left><FONT face="Eras Medium ITC" color=#000080 size=2>Business
Manager</FONT></DIV>
<DIV align=left><FONT face="Eras Medium ITC" color=#000080 size=2>Bayswater
Primary School</FONT></DIV>
<DIV align=left><FONT face="Eras Medium ITC" color=#000080 size=2>9721
3755</FONT></DIV>
<DIV align=left><FONT face="Eras Medium ITC" color=#000080
size=2>clark.raelene.v@edumail.vic.gov.au</FONT></DIV></FONT></SPAN></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>Scott, Marianne
L<BR><B>Sent:</B> Thursday, 25 August 2005 11:07 AM<BR><B>To:</B> Business
Managers' Mailing List<BR><B>Subject:</B> RE: [Busmanagers] CASES21 Finance -
Assets<BR></FONT><BR></DIV>
<DIV></DIV>
<DIV class=Section1>
<P class=MsoNormal><FONT face="Times New Roman" color=black size=3><SPAN
style="FONT-SIZE: 12pt; COLOR: black">Hi Raelene, <o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face="Times New Roman" color=black size=3><SPAN
style="FONT-SIZE: 12pt; COLOR: black">It does not matter how the funds were
raised you would code it inclusive and claim back
GST.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face="Times New Roman" color=black size=3><SPAN
style="FONT-SIZE: 12pt; COLOR: black">I would put full value of the piano. Which
you would do after it is on register by doing as Assets addition journal, pg
4:19 of process guide.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face="Times New Roman" color=black size=3><SPAN
style="FONT-SIZE: 12pt; COLOR: black">Marianne<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face="Times New Roman" color=black size=3><SPAN
style="FONT-SIZE: 12pt; COLOR: black">North Geelong Sec
College<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face="Times New Roman" color=black size=3><SPAN
style="FONT-SIZE: 12pt; COLOR: black"><o:p> </o:p></SPAN></FONT></P>
<DIV>
<DIV class=MsoNormal style="TEXT-ALIGN: center" align=center><FONT
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> Thursday, 25 August
2005 10:47 AM<BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B> Business
Managers' Mailing List<BR><B><SPAN style="FONT-WEIGHT: bold">Subject:</SPAN></B>
[Busmanagers] CASES21 Finance - Assets</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">I want to put a new piano on the
assets register. I know how to do it - I just have a couple of curly
questions.</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">We have an external piano teacher
who organised trivia nights and other fundraising events to raise the funds
to buy the piano. It wasn't done through our fundraising committee.
When paying the invoice to I still do "input taxed" like normal fundraising or
should it just be GST inclusive??</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">Second question - the piano is worth
over $4,000 but she did a great deal and we are only paying $2,800. Should
I modify the assets register to reflect the true value for insurance purposes -
and if so, how do I do that??? The invoice doesn't show the actual value
with a discount, it just shows $2,800.</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">Thanks for your
help.</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><EM><I><FONT face="Brush Script MT" color=blue size=6><SPAN
style="FONT-SIZE: 24pt; COLOR: blue; FONT-FAMILY: 'Brush Script MT'">Raelene
</SPAN></FONT></I></EM><o:p></o:p></P>
<P class=MsoNormal><FONT face="Eras Medium ITC" color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: 'Eras Medium ITC'">Raelene
Clark</SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><FONT face="Eras Medium ITC" color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; 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" color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: 'Eras Medium ITC'">Bayswater</SPAN></FONT></st1:PlaceName><FONT
face="Eras Medium ITC" color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; 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" color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: 'Eras Medium ITC'">9721
3755</SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><FONT face="Eras Medium ITC" color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: 'Eras Medium ITC'">clark.raelene.v@edumail.vic.gov.au</SPAN></FONT><o:p></o:p></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>