New GST Return

Introduction

To process and close the GST Returns period. You can generate the GST-03 and GAF.

New GST Return

[GST | New GST Return...]

Field Name	Field Type	Explanation
Process From to	Date	GST Taxable Period,eg. either monthly or quarterly.
Process Date	Date	Date to process the GST Return.
Amendment	Boolean	Ticked. In GST-03, the "Amendment" checkbox will be marked X.
C/F Refund for GST	Boolean	Ticked. In GST-03, the Item 9 Do you choose to carry forward refund for GST? will be marked X in Yes checkbox.
Longer Period Adjustment (LPA)	Boolean	Auto ticked according to the first tax year adjustment.
Description	String	GST Return - Process From Date to Date (by default).
Ref 1	String	Key-in any reference no.
Ref 2	String	Key-in any reference no.

Draft-GST Return

[GST | New GST Return...]

You are able to draft the GST-03 before the final GST-03 submission by process as draft.

1. Click on the arrow key down at the Process button (Y).

2. See below screenshot.

3. DRAFT Status showed for the GST Returns period.

Note:
You still can amend the documents where the DRAFT GST return has generated. You can draft as many before FINAL process the GST Returns for the period.

Final GST Return

[GST | New GST Return...]

1. Click on the Process button.

2. See below screenshot.

3. Final GST Return will not show the word DRAFT in the status column.

Note:
You cannot amend the documents anymore where the FINAL GST return has generated.

Extra

AR & AP Bad Debt Relief

1. Bad Debt Relief screen will be prompted (see the screenshot below) if the system found there are outstanding Tax Invoices has expired at 6 months.

2. Sales documents from the company with empty GST No will be unticked. You can tick the documents if you think this company is a GST Registered person.

Tips: 
 To avoid to tick the documents manually for GST Registered company, please go to update the GST no at Maintain Customer.

3. Press OK if get a "confirm" message prompted (see the screenshot below), it means there are some company do not have GST No.

4. If you has confirmed that the company is Non-GST Registered person then you can press YES to proceed.

5. Otherwise press NO, you have to update the GST No at Maintain Customer to confirm the company is a GST Registered person before process the GST Return.

Capital Goods Acquired

1. If you have get a prompt for the GST Return - Capital Goods Acquired, then it means there have some credit adjustment transactions for Fixed Asset Account. See below screenshot.

2. Tick on the transactions line to take in the credit adjustment (eg. Rm15,000.00). Otherwise, it will capture the value Rm60,000.00 in GST-03 item 16. See the screenshot below.

3. It will capture the net capital goods acquired value in GST-03 item 16.

See also

• Print GST Listing