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

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:2. TAP system not accept negative value.
:2. TAP system not accept negative value.


:For example:
[[File:GST-03 negative flow.png]]
::'''GST-03 (June 2018)'''


<br />
==Negative in 5a5b==
''Menu: GL | Journal Entry...''
:1. '''Output Tax (Negative)'''
::{| class="wikitable"
::{| class="wikitable"
|-
|-
! Output Tax !! style="text-align:right;"| Amount 
! GST-03 !! style="text-align:right;"| Value
|-
|-
| 5a || style="text-align:right;"| -2000  
| 5a || style="text-align:right;"| -2,000  
|-
|-
| 5b  || style="text-align:right;"| -120  
| 5b  || style="text-align:right;"| -120  
|}
|}


:2. '''Journal Adjustment:'''
::{| class="wikitable"
::{| class="wikitable"
|-
|-
! Input Tax !! style="text-align:right;"| Amount  
! 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
|-
|-
| 6a || style="text-align:right;"| -1000  
| GST-103 || '''AJP-OA''' || '''6%''' || style="text-align:right;"| 2,000 ||  || style="text-align:right;"| 2,120 || || '''6a = 0 <br /> 6b = 120'''
|-
|-
| 6b || style="text-align:right;"| -60
| GST-103 || '''SR''' || '''6%''' || || style="text-align:right;"| 2,000 || || style="text-align:right;"| 2,120 || '''5a = 0 <br /> 5b = 0'''
|}
|}


<br />
::[[File: GST-ADJ-Negative 01.jpg]]


==Negative in 5a5b==
''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.
::[[File: GST-Payment to RMCD-01.jpg]]
<br />
:6. Save it. See the screenshot below.
::[[File: GST-Payment to RMCD-01b.jpg]]
<br />
<br />


==Negative in 6a6b==
==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 />
<br />
:6. Save it. See the screenshot below.
::[[File: GST-Payment to RMCD-02b.jpg]]
<br />


==See also==
==See also==

Latest revision as of 03:57, 27 July 2018

Introduction

1. Negative value in 5a5b and 6a6b.
2. TAP system not accept negative value.

GST-03 negative flow.png


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
GST-ADJ-Negative 01.jpg


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
GST-ADJ-Negative 02.jpg



See also