GST RATE NOT FOUND IN TRANSACTION

    A2000 ONLINE SUPPORT DEPARTMENT 

  KNOWLEDGE BASE      GST RATE NOT FOUND IN TRANSACTION            

DESCRIPTION: 

                        Why are the GST Rates in A2000ERP Incomplete? 

                        For example, I tried to look for GST Exempt Supplies and it is not in the list. 

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1. WHY IS THE GST LIST “INCOMPLETE”?

The list of GST Types (and rates) is actually complete. However not all businesses need to use all types of rates. To avoid confusing users and avoid unnecessary mistakes, the system allows user to set which are the GST Types they wish to see, and hide those that are not needed.

2. HOW TO I ENABLE THE GST TYPES?

Go to GL Module  -  GST Types

• This list shows only “Active Items”, i.e. the types that are applicable to your business.

•  Note (*): It is recommended you may Supplies types to GST Output Tax A/c and Purchase types to GST Input Tax A/c.
• You need not change the Box Number and Tax Codes(like ES33 or TX7) etc.as these are set by A2000ERP to conform to IRAS tax guides.

3. CONCLUSION

A2000ERP will update the tax codes as and when IRAS revises the list or adds on to these.