GST Transactions

Sage 50 - Record Expense By Using Supplier Invoice or Sundry Expense
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
Sage 50 - Wrong Tax Code for Invoice
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
Sage 50 - Sundry Expense
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
Sage 50 - Import of Goods with Landed Cost for Moving Average user (Freight Forwarder pay GST on behalf)
*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
Sage 50 - Un-invoice Delivery Orders (GST 21-days ruling)
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
Sage 50 - Recording Accrual Staff Claims (Tracking based on Staff Name)
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
Sage 50 - Imported Services
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
Sage 50 - Record Transactions in General Journal
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
Sage 50 - Import of Goods for FIFO user, Fixed Cost or Non-Inventory User (Freight Forwarder pay GST on behalf)
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
Sage 50 - Record Prepayment
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