I have a new provider and our deduction is 10% - how do I do this in CMS?

When creating a new provider in CMS, you will need to complete the following section, as this is how payment is calculated.

If a Provider has been set up, but the Business Details were not entered from the outset, you can add this information later by selecting them from the list under Providers and editing their account.

Business Details

GST

If your provider is GST registered, enter their GST number into the Provider GST field. This information determines whether a Buyer Created Invoice (BCI) or Remittance Advice is generated when you pay them.

If your provider is not GST registered, select the No GST tick box and leave the Provider GST# field empty.

Pay Rate

The Pay Rate is used to calculate how much a provider is paid based on the billable item.

If you take a 10% management/service fee, then you will need to enter 90% into the Provider Pay Rate field.

Withholding Tax

If your provider has completed an IR330c, you will need to add the relevant WT rate in the Provider Withholding Rate field.