Adjustment to negative value in GST-03: Difference between revisions

Latest revision as of 03:57, 27 July 2018

Introduction

1. Negative value in 5a5b and 6a6b.

2. TAP system not accept negative value.

Negative in 5a5b

Menu: GL | Journal Entry...

1. Output Tax (Negative)

GST-03	Value
5a	-2,000
5b	-120

2. Journal Adjustment:

GL Code	Tax	Tax Rate	Local DR	Local CR	Local DR(Tax)	Local CR(Tax)	GST-03
GST-103	AJP-OA	6%	2,000		2,120		6a = 0 6b = 120
GST-103	SR	6%		2,000		2,120	5a = 0 5b = 0

Negative in 6a6b

Menu: GL | Journal Entry...

1.Input Tax (Negative)

Items	Value
6a	-1,000
6b	-60

2.Journal Adjustment:

GL Code	Tax	Tax Rate	Local DR	Local CR	Local DR(Tax)	Local CR(Tax)	GST-03
GST-103	TX	6%	1,000		1,060		6a = 0 6b = 0
GST-103	AJS-OA	6%		1,000		1,060	5a = 0 5b = 60

@@ Line 3: / Line 3: @@
 :2. TAP system not accept negative value.
-:For example:
+[[File:GST-03 negative flow.png]]
-::'''GST-03 (June 2018)'''
-:: 5a = '''-2000'''
-:: 5b = '''-120'''
-::6a = '''-1000'''
-::6b = '''-60'''
 <br />
 ==Negative in 5a5b==
-''Menu: GL | Cash Book Entry (PV)...''
+''Menu: GL | Journal Entry...''
-:1. Click on the '''New''' follow by select select '''Payment Voucher'''.
-:2. Enter the '''ROYAL MALAYSIA CUSTOMS DIRAJA''' into '''Pay To'' field.
+:1. '''Output Tax (Negative)'''
-:3. At the detail, select GL Code: '''GST-KASTAM'''.
+::{| class="wikitable"
-:4. Enter the description to describe the GST Payable for the period, eg. '''GST Payable - Jan 2016'''.
+|-
-:5. Based on the GST Returns, enter the GST amount payable '''(Rm836.04)''' into the '''Amount''' column.
+! GST-03 !! style="text-align:right;"| Value
-::[[File: GST-Payment to RMCD-01.jpg]]
+|-
-<br />
+| 5a || style="text-align:right;"| -2,000
-:6. Save it. See the screenshot below.
+|-
-::[[File: GST-Payment to RMCD-01b.jpg]]
+| 5b  || style="text-align:right;"| -120
+|}
+:2. '''Journal Adjustment:'''
+::{| class="wikitable"
+|-
+! GL Code!! Tax !! Tax Rate !! style="text-align:right;"| Local DR !! style="text-align:right;"| Local CR !! style="text-align:right;"| Local DR(Tax)  !! style="text-align:right;"| Local CR(Tax) !! GST-03
+|-
+| GST-103 || '''AJP-OA''' || '''6%''' || style="text-align:right;"| 2,000 ||  || style="text-align:right;"| 2,120 ||  || '''6a = 0 <br /> 6b = 120'''
+|-
+| GST-103 || '''SR''' || '''6%''' ||  || style="text-align:right;"| 2,000 || || style="text-align:right;"| 2,120 || '''5a = 0 <br /> 5b = 0'''
+|}
+::[[File: GST-ADJ-Negative 01.jpg]]
 <br />
 ==Negative in 6a6b==
-''Menu: GL | Cash Book Entry (OR)...''
+''Menu: GL | Journal Entry...''
-:1. Click on the '''New''' follow by select '''Official Receipt'''.
-:2. Enter the '''ROYAL MALAYSIA CUSTOMS DIRAJA''' into '''Received From'' field.
+:1.'''Input Tax (Negative)'''
-:3. At the detail, select GL Code: '''GST-KASTAM'''.
+::{| class="wikitable"
-:4. Enter the description to describe the GST Claimable for the period, eg. '''GST Claimable - Feb 2016'''.
+|-
-:5. Based on the GST Returns, enter the GST amount claimable '''(Rm2,402.04)''' into the '''Amount''' column.
+! Items !! style="text-align:right;"| Value
-::[[File: GST-Payment to RMCD-02.jpg]]
+|-
+| 6a || style="text-align:right;"| -1,000
+|-
+| 6b  || style="text-align:right;"| -60
+|}
+:2.'''Journal Adjustment:'''
+::{| class="wikitable"
+|-
+! GL Code!! Tax !! Tax Rate !! style="text-align:right;"| Local DR !! style="text-align:right;"| Local CR !! style="text-align:right;"| Local DR(Tax)  !! style="text-align:right;"| Local CR(Tax) !! GST-03
+|-
+| GST-103 || '''TX''' || '''6%''' || style="text-align:right;"| 1,000 ||  || style="text-align:right;"| 1,060 ||  || '''6a = 0 <br /> 6b = 0'''
+|-
+| GST-103 || '''AJS-OA''' || '''6%''' ||  || style="text-align:right;"| 1,000 || || style="text-align:right;"| 1,060 || '''5a = 0 <br /> 5b = 60'''
+|}
+::[[File: GST-ADJ-Negative 02.jpg]]
 <br />
-:6. Save it. See the screenshot below.
-::[[File: GST-Payment to RMCD-02b.jpg]]
-<br />
 ==See also==