Menu Path: Extended Modules > Malaysia GST > Supplier (AP) Bad Debt Relief
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| Businesses can claim Input Tax once an Invoice is received from the supplier, regardless if the business has paid for the Invoice. However, if after 6 months, the business still have not paid for the Invoice, either fully / partially, the business will have to declare this particular Invoice as AP Bad Debt, which will increase the Output Tax for the month. |
Guide
1. Control Panel > System Admin > EMP Configurations > Tax > Sales (Output Tax) : assign a GL Code as Default GL Code for AP Bad Debt Relief ( Refer to GST Setup User Guide (2015-04-01), 3.2: Sales (Output Tax)
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side of the system, under the "Declare bad debt" column.
- Upon clicking "Declare Bad Debt", a Credit Memo will be automatically created to record the bad debt.
- System will prevent if there are teo / more user click to create the same CM at the same time
- Proceed with the Input Tax Filling Step (Input Tax Filing)
- The CM recorded in Output Tax Invoice Report, tax code: AJS (Output Tax Invoice Report)
- GST-03 Report, on 5b Total Output Tax (Inclusive of Bad Debt Recovered & other Adjustments)
Detail explanation on the listing above
Document | Supplier Invoices that have outstanding amount 6 months after being issued |
Amount Before Tax | Supplier Invoice total amount before tax |
GST Input Tax Amount | Tax amount for the Supplier Invoice |
Current Outstanding Amount Before Tax | Supplier Invoice current outstanding amount before tax |
GST for Bad Debt to Declare/Declared | Tax amount for the outstanding amount |
Plugin:
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- Job Main Class : taskscheduler.baddebt.ap_baddebt_relief.src.APbadDebtRelief
- Job Parameters :-
- Name : TO Value : valid email
- Name: company_code Value : company name
- Name: filling_cycle_name-Value:
- Name: filing_cycle_date_start Value : 2016-03-01
- the plug-in will email a list of ALL CM created and instruct to file them
- cannot run the plug-in without entering a valid email parameter
Enhancement: Kendo UI Report Format
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