GST - Payment to RMCD

GST-Payment to RMCD

Introduction

1. Net GST Payable is the total GST amount to be paid to RMCD.

2. Net GST Claimable is the total GST amount to be claimed or refund from RMCD.

Menu: GL | Cash Book Entry (PV)...

1. Click on the New follow by select select Payment Voucher.

2. Enter the ROYAL MALAYSIA CUSTOMS DIRAJA' into Pay To field.

3. At the detail, select GL Code: GST-KASTAM.

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.

6. Save it. See the screenshot below.

Menu: GL | Cash Book Entry (OR)...

1. Click on the New follow by select Official Receipt.

2. Enter the ROYAL MALAYSIA CUSTOMS DIRAJA' into Received From field.

3. At the detail, select GL Code: GST-KASTAM.

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.

6. Save it. See the screenshot below.

Menu: GL | Print Ledger Report...

1. Select the date range.

2. Select the GL Account code : GST-KASTAM.

3. Click Apply.

4. RMCD outstanding transactions will be display as below.