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Wavelet Management Suite
FAQ
FAQ : GST
How to record transaction June 2018 for deposits
GST updates & feedback (0%, 2018-06-01) with Wavelet EMP
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8
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9
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Priyasri Subramaniam (Unlicensed)
Priyasri Subramaniam (Unlicensed)
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2018-May-24
2018-May-24
Previous Change: Difference between versions 7 and 8
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1. What's the tax code used for GST 0% for standard rated purchase and sales?
The tax code used for Purchase will be ZP or any code that the company uses for purchases at 0%.
The tax code used for Sales (0%) will be SR any code that the company uses for standard rated local supplies.
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2. What's the action taken by Wavelet?
Wavelet will be changing the tax rate from 6% to 0%.
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