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GST reporting – Self Check List
Author: Wan Hua Ng Reference Number: AA-06677 Views: 18066 Created: 2015-05-24 14:48 Last Updated: 2015-05-24 15:18 0 Rating/ Voters



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  • [Zura]: GST Return 2015-06-09 10:31 #

    HI,

    Got problem in generating the GST return for May submission. I have change the taxable period to 1 May 2015, but still cannot generate the return. Kindly assist.

  • [Li Zhen Yap]: Re: GST Return 2015-06-09 12:11#

    Dear Zura,

    Thank you for your enquiry.

    Could you provide the information below to assist you better?

    1. Which version are you using currently?
    2. Does any of the error message pop out?
    3. What have you enter for your GST Next Filing Date? What is the current Taxable Period?

  • [ AlexSim]: Capital Goods Acquired 2015-06-03 09:30 #

    Hi,

    Zhen Yap, thank you for your prompt reply.

    In field 16 of GST-03 return, it required to indicate the "Value of Capital Goods Acquired". My company have acquired the capital goods and how should I key in this transaction so that it will capture in field 16 of GST-03 return?

    Regards AlexSim

  • [Li Zhen Yap]: Re: Capital Goods Acquired 2015-06-03 10:43#

    Dear Alex,

    Thank you for your kind feedback.

    Kindly go to Accounting > 6. Periodic > 9. Capital Goods > 1. Maintain Capital Goods and enter the details.

    The details will be shown at GST Return Report Wizard > 4) PartC :Additional Information > 16) Total Value of Capital Goods Acquired.

  • [ Valar]: UN DO POSTING 2015-05-28 15:51 #

    Four supplier Invoices transaction which should appear in GST expenses (P/L); appear in GST Input (B/S).

    Please save me.
    Thank You.

  • [Li Zhen Yap]: Re: UN DO POSTING 2015-05-28 18:03#

    Dear Valar,

    Thank you for your enquiry.

    This is because your mapping at tax code maintenance is not complete.

    Kindly do provide print screen on your BL Account Code by replying the email we have sent to you.

  • [ AlexSim]: GST tax code 2015-05-28 12:01 #

    I have keyed in the transaction with tax code TX in UBS inventory and Accounting. The transaction is posted successfully and the GST return is capture correctly. However, I try to run the Goods & Service Tax report as a supporting for my GST return and I noticed that TX code is not in the tax code list as well as in tax code maintenance screen. Please advise why the TX code is disappear.

  • [Li Zhen Yap]: Re: GST tax code 2015-06-01 14:13#

    Dear Alex,

    Thank you for your enquiry.

    Kindly go to Accounting > General > Miscellaneous files > Tax code maintenance and click 'Regenerate Malaysia Tax Code'.

  • [ Wah Yin]: GST Report to follow GL instead. 2015-05-28 11:57 #

    Yes. Today I saw your Latest Release Notes for V9.9.2.3 stating your gst report can now follow General Ledger Accounting side. That's good. If can, all our gst report can be balanced. Thank you very much.

  • [Li Zhen Yap]: Re: GST Report to follow GL instead. 2015-05-28 12:25#

    Dear Wah Yin,

    Thank you for your kind feedback.

    Kindly do let us know if you need further assistance.

    For more info about Version 9.9.2.3, refer to

    http://knowledge.sage.my/index.php?/article/AA-06848/12/Sage-UBS/Sage-UBS-2015-version-9.9.2.3.html

  • [ Wah Yin]: Why GST Report by sage UBS cannot tie up with my GL? 2015-05-27 16:47 #

    After going through my first GST submission which I have to do manually because my GL does not balance with your GST Report, I can tell why mine is never balanced. Reasons being :
    1. Mistakes made by sales clerks and data entry clerks must be corrected by either DNs or CNs or Journals. There are many kinds of mistakes made. Some bills gone out were found without SR code. Some Undercharged GST. Some Overcharged GST. For these 3 adjustments, we cannot put SR code or else there will be another mistakes.
    2. Rounding differences cannot be gst coded.
    3. Journal entries cannot be gst coded or else it won't accept by the system.
    4. any adjustments made to Tax Invoices that were posted from I&B cannot be gst classified or else it cannot be saved.
    5. Sometimes, figures differed from Tax Invoices and Amount posted to GL due to rounding automation.
    6. As long as documents posted from I&B with tax coded are allowed to change. Once we edit, your tax report won't tally.
    There are many other issues. As long as sage follows tax codes, your gst report will never tally with our GL.

    I would like to appeal to Sage UBS. Can sage follow the GL instead of the tax codes. For my first submission, I follow my GL and I have to zerorise my 4800/010 and 4800/020 to 4800/000 Control Account before paying to the JKDM. Thank you.

  • [Li Zhen Yap]: Re: Why GST Report by sage UBS cannot tie up with my GL? 2015-05-27 18:26#

    Dear Wah Yin,

    Thank you for your comment.

    Kindly be informed system have to follow tax codes in order to capture the GST for Taxable Purchase and Sales.

    As for your enquiry on the Account Code, do you mean you have your own Account Code for GST Control?

  • [ Valar]: RE: UN DO POSTING 2015-05-27 14:25 #

    I key in my supplier invoice under BILLING and set the tax code to BL(seems I do not want to claim) and I do posting to ACCOUNTING. In this scenario my gst input tax should appear under P/L (GST Expenses) not under my Balance Sheet item (GST Input Tax).

    For eg1: Dr Printing RM100
    Dr GST Expenses RM6.00
    Cr Supplier RM106.00

    # System presentation is wrong as eg2(refer below)

    eg2:Dr Printing RM100
    Dr GST Input Tax RM6.00
    Cr Supplier RM106.00

    ~Seems I do the posting, I go to HOUSEKEEPING - SETUP - GENERAL SETUP - UNMARK MSIA GST - then go to the transaction and delete particular entries - and go back to the HOUSEKEEPING and on back the MSIA GST back.
    But under my BILLING , my supplier Invoice still cant edit the BILL cause of POSTING have been made.

    I would like to have your suggestion to resolve the matter then I have facing on. Or do you have any method to resolve my problem. I have identify that under my Tax Code Maintenance I never set the tax code for BL which is (GST EXPENSES) .

    Please Advice.
    Thank You

  • [Li Zhen Yap]: Re: RE: UN DO POSTING 2015-05-27 17:22#

    Dear Valar,

    Thank you for your enquiry.

    Could you let us know how many transactions that are in the wrong account?

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