Quick Jump Menu
Advanced Search Search the Knowledgebase
Categories
There are no subcategories in this category.
1 Can I create my own tax codes?

The Royal Malaysian Customs have prescribed a complete set of GST Tax Codes, 23 of them. These tax codes are available in Sage 50 and Sage UBS. Do I use these tax codes? Yes, we would suggest that you use the standard tax codes as this will allow for continuity…

2 How does the Inventory & Billing system affect the Accounting system and GAF?

Sales and Purchases transactions are advised to be entered in Billing system if inventory management is not required; or in Inventory & Billing system if inventory management is required. GST-03 Return and GAF report are both generated from Accounting…

3 How to key in the GST amount to enable the system can generate the correct GST Form 3 & GAF file. As informed by UBS HQ, if we key in direct from UBS Accounting, the figure will not flow to GAF file, must key in through Inventory & Billing module then only can generate the correct GAF file.

Entries made via Accounting system are normally journals which will not have item details that are required in the GAF report. (Image B) It is advisable to enter all sales and purchases transactions via Billing system if you do not require Inventory management;…

4 How to record the sales and purchase transactions in order to get correct GAF?

If you do not manage inventory, Billing system would be sufficient to address GST requirements and reporting. Via the Billing system, you will enter sales transactions where you will need to specify customer name, item being sold, value of item, tax code…

5 Integrated vs. Accounting Approach

An integrated approach provides for input via extensions to accounting, such as POS, Billing whilst a pure accounting approach may have a disjointed solution, for example separate billing systems that are not connected to the accounting. The diversity of…

6 Sage UBS - Changing of taxable period from 3 months to 1 month due to total annual sales increased to more than RM 5 Million

Scenario: Taxable period for your company is 3 months initially. After completed 1 GST submission, the taxable period needs to be changed from 3 months to 1 month due to total annual sales increased to more than RM 5 Million. Initial setup Steps: 1. At the…

7 What if I have unwanted tax codes? How do I regenerate it?

For certain users of Sage UBS we have seen the appearance of non-Malaysian GST tax codes. These are usually tax codes of the GST implemenation of Singapore, Thailand or other countries. Why does this happen? The company data was triggered before with another…