Maintain Tax: Difference between revisions

Latest revision as of 09:29, 1 February 2019

Menu: Tools | Maintain Tax... or
Menu: SST/GST | Maintain Tax...

Introduction

This to Maintain all the available tax given by Government or user can self add or modified

Create New Tax

Screenshot below is the Maintain Tax entry form.

Field Name	Explanation & Properties
Code	Enter the tax code to be shown in report
Active	Checked : Active & able to select from the Tax List in data entry UnChecked : InActive & unable to select from the Tax List in data entry
Description	Enter the tax description.
Tax Type	Select the Tax Type for the Tax Code to be created
Tax Rate	User can self determine the rate or set Auto A : Auto Tax Rate. System will auto change to new rate if there is update in GST Rate (Must update SQL Accounting) E : Mean to be excluded from IRR calculation (useful for OS Tax Code & Mixed Supplies Industry) EA : Combine of A & E 6% : User self determine by fixed rate (eg here is 6%) E6% : User self determine fixed rate for be excluding from IRR calculation Default 1st row is the Default selection in data entry
Tax Account	Select an appropriate GL Account from Maintain Account.
Tax Inclusive	Checked : Default is Tax Inclusive UnChecked : Default is Tax Exclusive

Use of Tax

You can set the tax as default at the following

GL | Maintain Account...
Customer | Maintain Customer... | Tax
Supplier | Maintain Supplier... | Tax
Stock | Maintain Stock Item... | Output Tax/Input Tax
Tools | Options | Customer | Default Output Tax
Tools | Options | Supplier | Default Input Tax

Therefore, item inserted will be automatically calculate the tax amount based on the subtotal. See below screenshot.

Default System Tax Seq

Default System Tax Seq are as follow

For Sales & Purchase

Maintain Customer/Supplier
Maintain Item Code
Tools | Options | Customer/Supplier => For Version 836.761 & below
Maintain Tax with IsDefault is Tick => For Version 837.762 & above

For AR & AP

Maintain Customer/Supplier
Maintain Account
Tools | Options | Customer/Supplier => For Version 836.761 & below
Maintain Tax with IsDefault is Tick => For Version 837.762 & above}

For GL

Maintain Account

@@ Line 1: / Line 1: @@
-''Menu: Tools | Maintain Tax...''
+''Menu: Tools | Maintain Tax...'' or <br />
+''Menu: SST/GST | Maintain Tax...''
-=='''Introduction'''==
+==Introduction==
-* Tax % to calculate the tax amount based on each item sold/purchase value.
+* This to Maintain all the available tax given by Government or user can self add or modified
-* Tax is excluding the price.
-::[[File:Maintain Tax-Browse.jpg |500px]]
+[[File:Maintain Tax-Browse.jpg |750px|center]]
 <br />
-=='''Create New Tax'''==
+==Create New Tax==
 * Screenshot below is the Maintain Tax entry form.
-::[[File:Maintain Tax-EntryForm.jpg |500px]]
+[[File:Maintain Tax-EntryForm.jpg |500px|center]]
-{| class="wikitable"
+[[File:Maintain Tax-TaxRate.jpg|center]]
+{| class="wikitable" style="margin: 1em auto 1em auto;"
 |-
 ! Field Name !! Explanation & Properties
 |-
 | Code ||
-* Input the tax code.
+* Enter the tax code to be shown in report
+|-
+| Active ||
+* Checked : Active & able to select from the Tax List in data entry
+* UnChecked : InActive & unable to select from the Tax List in data entry
 |-
 | Description ||
-* Input the tax description.
+* Enter the tax description.
+|-
+| Tax Type ||
+* Select the Tax Type for the Tax Code to be created
+|-
+| Tax Rate ||
+User can self determine the rate or set Auto
+* A : Auto Tax Rate. System will auto change to new rate if there is update in GST Rate (Must update SQL Accounting)
+* E : Mean to be excluded from '''IRR''' calculation (useful for '''OS Tax Code''' & '''Mixed Supplies Industry''')
+* EA : Combine of  A & E
+* 6% : User self determine by fixed rate (eg here is 6%)
+* E6% : User self determine fixed rate for be excluding from '''IRR''' calculation
+Default '''1st row''' is the Default selection in data entry
 |-
 | Tax Account ||
 * Select an appropriate GL Account from Maintain Account.
 |-
-| Tax Rate ||
+| Tax Inclusive ||
-* Input a rate, eg. 5%, 10%, 20%,...
+* Checked : Default is Tax Inclusive
+* UnChecked : Default is Tax Exclusive
 |}
 <br />
-=='''Use of Tax'''==
+==Use of Tax==
-* You can set the tax as default to an item. See below screenshot.
+* You can set the tax as default at the following
-::[[File:Maintain Tax-Use Item.jpg |500px]]
+:* GL | Maintain Account...
-* Therefore, item selected will be automatically calculate the tax amount.
+:* Customer | Maintain Customer... | Tax
-::[[File:Maintain Tax-Use.jpg |500px]]
+:* Supplier | Maintain Supplier... | Tax
+:* Stock | Maintain Stock Item... | Output Tax/Input Tax
+:* Tools | Options | Customer | Default Output Tax
+:* Tools | Options | Supplier | Default Input Tax
+* Therefore, item inserted will be automatically calculate the tax amount based on the subtotal. See below screenshot.
+[[File:Maintain Tax-Use.jpg |700px|center]]
 <br />
+==Default System Tax Seq==
+Default System Tax Seq are as follow
+===For Sales & Purchase===
+# Maintain Customer/Supplier
+# Maintain Item Code
+# Tools | Options | Customer/Supplier => For Version 836.761 & below
+# Maintain Tax with IsDefault is Tick => For Version 837.762 & above
+===For AR & AP===
+# Maintain Customer/Supplier
+# Maintain Account
+# Tools | Options | Customer/Supplier => For Version 836.761 & below
+# Maintain Tax with IsDefault is Tick => For Version 837.762 & above}
+===For GL===
+# Maintain Account