GST Transactions
Situation:
1. Receive electricity and water bill. How to record?
There are two options: 1. By using Supplier Invoice. Suitable if you want ...
Wed, 22 Apr, 2015 at 4:49 PM
Scenario:
I supply school uniforms which is a standard-rated item. I have a customer in Indonesia. I issued an invoice to the Indonesian and forgot ...
Tue, 14 Apr, 2015 at 2:42 PM
Scenario:
1. Director purchased a flight ticket on behalf of company. He would like to reimburse the flight ticket from the company.
2. Sales tea...
Wed, 27 May, 2015 at 4:56 PM
*Only applicable for Moving Average Cost Structure
Scenario: Local Freight Forwarder paid GST on importation on behalf of company.
1. You ...
Tue, 4 Aug, 2015 at 11:52 AM
Scenario:
Company has delivered the goods to customer. After 21 days, company still not issue any invoice to the customer.
Important reminde...
Wed, 9 Dec, 2015 at 10:49 AM
Scenario:
Company want to accrued staff claims in the recent month and pay in the next month.
Issue:
1. Company need to record the T...
Fri, 10 Jul, 2015 at 2:58 PM
Scenario:
Client acquired service such as legal service or etc from foreign company.
GST Treatment:
How to record in the system?
...
Wed, 24 Jun, 2015 at 9:06 PM
Scenario:
1. Record accrued expenditures.
2. GST Adjustment entry; forgot to put tax code in transaction and etc.
How to record:
1. Open...
Fri, 10 Jul, 2015 at 3:13 PM
Scenario: Local Freight Forwarder paid GST on importation on behalf of company.
1. You received Supplier Invoice from your Supplier in USD. T...
Tue, 4 Aug, 2015 at 11:51 AM
Scenario:
Company required non-refundable deposit from client without issuing tax invoice.
Settings:
1. Accounting Settings > Others. Map ...
Mon, 27 Jul, 2015 at 10:56 AM