Maintain Tax: Difference between revisions

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''Menu: Tools | Maintain Tax...'' or <br />
''Menu: Tools | Maintain Tax...'' or <br />
''Menu: GST | Maintain Tax...''
''Menu: SST/GST | Maintain Tax...''


==Introduction==
==Introduction==
* This to Maintain all the available tax given by Government or user can self add or modified
* This to Maintain all the available tax given by Government or user can self add or modified


::[[File:Maintain Tax-Browse.jpg |750px]]
[[File:Maintain Tax-Browse.jpg |750px|center]]
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=='''Create New Tax'''==
==Create New Tax==
* Screenshot below is the Maintain Tax entry form.
* Screenshot below is the Maintain Tax entry form.
::[[File:Maintain Tax-EntryForm.jpg |500px]]
[[File:Maintain Tax-EntryForm.jpg |500px|center]]


::[[File:Maintain Tax-TaxRate.jpg]]
[[File:Maintain Tax-TaxRate.jpg|center]]
::{| class="wikitable"
{| class="wikitable" style="margin: 1em auto 1em auto;"
|-
|-
! Field Name !! Explanation & Properties
! Field Name !! Explanation & Properties
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User can self determine the rate or set Auto
User can self determine the rate or set Auto
* A : Auto Tax Rate. System will auto change to new rate if there is update in GST Rate (Must update SQL Accounting)
* A : Auto Tax Rate. System will auto change to new rate if there is update in GST Rate (Must update SQL Accounting)
* E : Mean to be excluded from IRR calculation (useful for OS Tax Code & Mixed Supplies Industry)
* E : Mean to be excluded from '''IRR''' calculation (useful for '''OS Tax Code''' & '''Mixed Supplies Industry''')
* EA : Combine of  A & E
* EA : Combine of  A & E
* 6% : User self determine by fixed rate (eg here is 6%)
* 6% : User self determine by fixed rate (eg here is 6%)
* E6% : User self determine fixed rate for be excluding from IRR calculation
* E6% : User self determine fixed rate for be excluding from '''IRR''' calculation
Default '''1st row''' is the Default selection in data entry
Default '''1st row''' is the Default selection in data entry
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|-
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* Therefore, item inserted will be automatically calculate the tax amount based on the subtotal. See below screenshot.
* Therefore, item inserted will be automatically calculate the tax amount based on the subtotal. See below screenshot.
::[[File:Maintain Tax-Use.jpg |700px]]  
[[File:Maintain Tax-Use.jpg |700px|center]]  
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# Maintain Customer/Supplier
# Maintain Customer/Supplier
# Maintain Item Code
# Maintain Item Code
# Tools | Options | Customer/Supplier
# Tools | Options | Customer/Supplier => For Version 836.761 & below
# Maintain Tax with IsDefault is Tick => For Version 837.762 & above


===For AR & AP===
===For AR & AP===
# Maintain Customer/Supplier
# Maintain Customer/Supplier
# Maintain Account
# Maintain Account
# Tools | Options | Customer/Supplier
# Tools | Options | Customer/Supplier => For Version 836.761 & below
# Maintain Tax with IsDefault is Tick => For Version 837.762 & above}


===For GL===
===For GL===
# Maintain Account
# Maintain Account

Latest revision as of 09:29, 1 February 2019

Menu: Tools | Maintain Tax... or
Menu: SST/GST | Maintain Tax...

Introduction

  • This to Maintain all the available tax given by Government or user can self add or modified
Maintain Tax-Browse.jpg


Create New Tax

  • Screenshot below is the Maintain Tax entry form.
Maintain Tax-EntryForm.jpg
Maintain Tax-TaxRate.jpg
Field Name Explanation & Properties
Code
  • Enter the tax code to be shown in report
Active
  • Checked : Active & able to select from the Tax List in data entry
  • UnChecked : InActive & unable to select from the Tax List in data entry
Description
  • Enter the tax description.
Tax Type
  • Select the Tax Type for the Tax Code to be created
Tax Rate

User can self determine the rate or set Auto

  • A : Auto Tax Rate. System will auto change to new rate if there is update in GST Rate (Must update SQL Accounting)
  • E : Mean to be excluded from IRR calculation (useful for OS Tax Code & Mixed Supplies Industry)
  • EA : Combine of A & E
  • 6% : User self determine by fixed rate (eg here is 6%)
  • E6% : User self determine fixed rate for be excluding from IRR calculation

Default 1st row is the Default selection in data entry

Tax Account
  • Select an appropriate GL Account from Maintain Account.
Tax Inclusive
  • Checked : Default is Tax Inclusive
  • UnChecked : Default is Tax Exclusive


Use of Tax

  • You can set the tax as default at the following
  • GL | Maintain Account...
  • Customer | Maintain Customer... | Tax
  • Supplier | Maintain Supplier... | Tax
  • Stock | Maintain Stock Item... | Output Tax/Input Tax
  • Tools | Options | Customer | Default Output Tax
  • Tools | Options | Supplier | Default Input Tax
  • Therefore, item inserted will be automatically calculate the tax amount based on the subtotal. See below screenshot.
Maintain Tax-Use.jpg


Default System Tax Seq

Default System Tax Seq are as follow

For Sales & Purchase

  1. Maintain Customer/Supplier
  2. Maintain Item Code
  3. Tools | Options | Customer/Supplier => For Version 836.761 & below
  4. Maintain Tax with IsDefault is Tick => For Version 837.762 & above

For AR & AP

  1. Maintain Customer/Supplier
  2. Maintain Account
  3. Tools | Options | Customer/Supplier => For Version 836.761 & below
  4. Maintain Tax with IsDefault is Tick => For Version 837.762 & above}

For GL

  1. Maintain Account