GST Gain Loss - Manual: Difference between revisions

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==Scenario==
==Scenario==
* Foreign Customer/Supplier but set In Local Currency in SQL Accounting
* Foreign Customer/Supplier but set In Local Currency in SQL Accounting
* Not buying the Currency Module & force to set Foreign Customer/Supplier in Local Currency in SQL Accounting
* Not buying the Currency Module & force to set Foreign Customer/Supplier to Local Currency in SQL Accounting


==Solution==
==Solution==
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* Debit Note  
* Debit Note  
* Credit Note
* Credit Note
* Journal Voucher
* GL Journal Voucher
* Gain/Loss Account (Set Tax Code to IES(Replace for ES43))
* Foreign Gain/Loss Account (Set Tax Code to IES (Replace for ES43))


===Customer Side===
===Customer Side===
Just Use
* Debit Note(Gain)
* Debit Note(Gain)
:: DR Debtor
:: DR Debtor
:::CR Gain Account
:::CR Foreign Gain Account (IES (Replace for ES43)
* Credit Note(Loss)  
* Credit Note(Loss)  
:: DR Loss Account
:: DR Foreign Loss Account (IES (Replace for ES43)
:::CR Debtor
:::CR Debtor


===Supplier Side===
===Supplier Side===
====Gain====
====Gain====
* Use Supplier Credit Note
* Supplier Credit Note
::DR Supplier
::DR Supplier
:::CR Contra
:::CR Contra
* Use Journal Voucher
* GL Journal Voucher
::DR Contra
::DR Contra
:::CR Gain Account
:::CR Foreign Gain Account (IES (Replace for ES43)
 
====Loss====
* Supplier Debit Note
::DR Contra
:::CR Supplier
* GL Journal Voucher
::DR Foreign Loss Account (IES (Replace for ES43)
:::CR Contra
 
==See also==
* [[GST Bounce Cheque]]
* [[GST Summary Sheet - MY-Detail]]
* Others [[Customisation]]

Latest revision as of 01:31, 13 October 2017

Scenario

  • Foreign Customer/Supplier but set In Local Currency in SQL Accounting
  • Not buying the Currency Module & force to set Foreign Customer/Supplier to Local Currency in SQL Accounting

Solution

By using Customer/Supplier

  • Debit Note
  • Credit Note
  • GL Journal Voucher
  • Foreign Gain/Loss Account (Set Tax Code to IES (Replace for ES43))

Customer Side

  • Debit Note(Gain)
DR Debtor
CR Foreign Gain Account (IES (Replace for ES43)
  • Credit Note(Loss)
DR Foreign Loss Account (IES (Replace for ES43)
CR Debtor

Supplier Side

Gain

  • Supplier Credit Note
DR Supplier
CR Contra
  • GL Journal Voucher
DR Contra
CR Foreign Gain Account (IES (Replace for ES43)

Loss

  • Supplier Debit Note
DR Contra
CR Supplier
  • GL Journal Voucher
DR Foreign Loss Account (IES (Replace for ES43)
CR Contra

See also