Wine Equalisation Tax (WET) for Wine Distributors | Accounting Software
Summary
SapphireOne added an automated workflow for collecting Wine Equalisation Tax in its accounting suite. The system now calculates WET on transactions while still allowing users to override amounts when needed. It also adds setup steps for a dedicated general ledger account, inventory tax fields, and BAS reporting. The update helps wine distributors manage tax handling and invoice reporting more efficiently.
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Accounting and Taxes
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ERP Software
Accounting Software
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SapphireOne
$1M to $5M