Maintain Tax

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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