GST Bounce Cheque: Difference between revisions

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Line 2: Line 2:
* Invoice Date Jan 2016
* Invoice Date Jan 2016
* Bad Debts Relief - Jul 2016 to Sep 2016
* Bad Debts Relief - Jul 2016 to Sep 2016
* Payment Oct 2016
* Payment Dec 2016
* Bad Debts Recover - Oct 2016 to Dec 2016
* Bad Debts Recover - Oct 2016 to Dec 2016
* Payment Bounce - Jan 2017
* '''Payment Bounce - Jan 2017''' <--- Should do Adjustment on Bounce GST Period (before process GST-03)
* Bad Debts Relief(after Adjustment) - Jan 2017 to Mar 2017
* Replace New Cheque - Apr 2017
* Replace New Cheque - Apr 2017
* Bad Debts Recover - Apr 2017 to Jun 2017


==Solution==
==Solution==
Line 12: Line 14:
===Customer Side===
===Customer Side===
At GST Period Jan 2017
At GST Period Jan 2017
:DR GST-101 - GST-Claimable (SL-AJP-BD)
:DR GST-101 - GST - CLAIMABLE --> (SL-AJP-BD)
::CR GST-202 - Sales Deferred
::CR GST-202 - GST - SALES DEFERRED TAX


[[File:BounceCustomer-01.jpg|center]]
[[File:BounceCustomer-01.jpg|center]]
[[File:BounceCustomer-02.jpg|800px|center]]
[[File:BounceCustomer-02.jpg|800px|center]]
[http://www.estream.com.my/downloadfile/Fairy/GST-Customer_Bounce-2016-10-28.zip Sample Database - Customer Bounce]


===Supplier Side===
===Supplier Side===
At GST Period Jan 2017
At GST Period Jan 2017
:DR GST-102 - Purchase Deferred
:DR GST-102 - GST - PURCHASE DEFERRED TAX
::CR GST-201 - GST-Payable (PH-AJS-BD)
::CR GST-201 - GST - PAYABLE --> (PH-AJS-BD)


[[File:BounceSupplier-01.jpg|center]]
[[File:BounceSupplier-01.jpg|center]]
[[File:BounceSupplier-02.jpg|800px|center]]
[[File:BounceSupplier-02.jpg|800px|center]]
[http://www.estream.com.my/downloadfile/Fairy/GST-Supplier_Bounce-2016-10-28.zip Sample Database - Supplier Bounce]
==See also==
* [[GST Gain Loss - Manual]]
* [[GST Summary Sheet - MY-Detail]]
* Others [[Customisation]]

Latest revision as of 01:09, 25 July 2017

Scenario

  • Invoice Date Jan 2016
  • Bad Debts Relief - Jul 2016 to Sep 2016
  • Payment Dec 2016
  • Bad Debts Recover - Oct 2016 to Dec 2016
  • Payment Bounce - Jan 2017 <--- Should do Adjustment on Bounce GST Period (before process GST-03)
  • Bad Debts Relief(after Adjustment) - Jan 2017 to Mar 2017
  • Replace New Cheque - Apr 2017
  • Bad Debts Recover - Apr 2017 to Jun 2017

Solution

By using the GL Journal Voucher - Bank Charges - GST Reversal button

Customer Side

At GST Period Jan 2017

DR GST-101 - GST - CLAIMABLE --> (SL-AJP-BD)
CR GST-202 - GST - SALES DEFERRED TAX
BounceCustomer-01.jpg
BounceCustomer-02.jpg

Sample Database - Customer Bounce

Supplier Side

At GST Period Jan 2017

DR GST-102 - GST - PURCHASE DEFERRED TAX
CR GST-201 - GST - PAYABLE --> (PH-AJS-BD)
BounceSupplier-01.jpg
BounceSupplier-02.jpg

Sample Database - Supplier Bounce

See also