When a new project is created, you can define whether or not to treat them as a Commercial business or not depending on whether you choose Residential or Commercial when you create the project or in the project page.
The difference between residential and commercial are outlined below.
Residential:
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- Total System Price - This is shown inclusive of GST
- STC - Shown exclusive of GST
- Purchase Price - Calculated by subtracting STCs (ex. GST) from the Total system price (inc. GST) and includes only the GST associated with the total system price.
Commercial:
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- Total System Price - Shown exclusive of GST with the GST component shown in grey text after
- STC - Shown exclusive of GST
- Purchase Price - Shown including GST. Calculated by subtracting the STCs (inc. GST) from the Total system price (inc. GST). The GST shown is what they are able to claim back which is the GST from the Total system price minus the GST from the STCs.
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