View source for GST: Set Tax Year & Longer Period Adjustment

==Introduction==
:To set the tax year and longer period adjustment (LPA).

==Set Tax Year==
''[GST | Open GST Return...]''
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:1. Highlight the final taxable period to be set as your '''First Tax Year''', eg. final taxable period 01 Dec - 31 Dec 2016.<br />
::[[File: GST-Set Tax Year & LPA-01.jpg| 30PX]]
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:2. Double click on the GST Returns highlight in step 1.<br />
:3. System will prompt you a dialog box.
:4. Tick on the '''Tax Year''' to set a tax year point. See the screenshot below.
::[[File: GST-Set Tax Year & LPA-02.jpg| 30PX]]
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:5. Click '''Save'''.
::[[File: GST-Set Tax Year & LPA-03.jpg| 30PX]]
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:6. You can insert a column '''Tax Year''', eg. Tax Year point set at 31 Dec 2016.
::[[File: GST-Set Tax Year & LPA-04.jpg| 30PX]]
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 '''Note:'''
 You can direct set the tax year without delete/purge the GST Returns.

==Longer Period Adjustment==
:Declaration of annual adjustment amount:
:• Regulation 43 – in a GST Return for the second taxable period next following the longer period.

:For example,
:Assumed the tax year set on 31 Dec 2016, LPA should be declared in: 
::1) For '''monthly taxable period''' , the second taxable period is '''Feb 2017''' and the submission is before or on 31/3/2017
::2) For '''quarterly taxable period''', the second taxable period is '''Apr-Jun 2017''' and the submission is before or on 31/7/2017
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===GST Returns (LPA)===
''[GST | New GST Return...]'' or ''[GST | Open GST Return...]''
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:1. Process the GST Return.For example, process the '''Second Taxable Period''' (01/02/2017 - 28/02/2017). 
:2. LPA will tick automatically.'''(if you have set the tax year)''' 
::[[File: GST-Set Tax Year & LPA-05.jpg| 30PX]]
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:3. Suggested period to be adjusted for LPA. 
::[[File: GST-Set Tax Year & LPA-06.jpg| 30PX]]
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 '''Note:'''
 User allow to overwrite the suggested period for Longer Period.

:4. You can insert the '''LPA Date From''' and '''LPA Date To''' columns to check.
::[[File: GST-Set Tax Year & LPA-06.jpg| 30PX]]
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==GST Listing - Mixed Supply (LPA)==
''[GST | Print GST Listing...]''<br />
'''Longer Period Adjustment (LPA)'''
:1. Select the '''Date From''' and '''Date To''' (eg. the financial year is 01/01/2016 - 31/12/2016).
:2. Click '''Apply'''.
:3. Click '''Preview'''.
:4. Select the report name : '''GST Detail 4 - Mixed Supplies'''. 
:5. Press '''Ok'''.
::'''Page 1''': GST Listing 4 - Mixed Supplies
::[[File:Partial Exempt-08_1.jpg]]
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::'''Page 2''': GST Listing 4 - Mixed Supplies
::[[File:Partial Exempt-08_2.jpg]]
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==See also==
* [[Open GST Return]]
* [[GST Treatment: Partial Exemption]]
* [[Print GST Listing]]