Content Comparison

• The tax code used for Purchase will be ZP-0% (This tax code is advised to use for transactions after 1st June 2018)
• The tax code used for Purchase will be TX-0% 6% (This tax code is advised to use for back-dated transactions)
• The tax code used for Sales (0%) will be SR-0% 

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NoteNotes:

If use

tax code ZP-0%

1. EMP configuration-tax, Item's Default Input Tax Code (Purchase)

- HAVE to change to ZP (from TX-6%); (Wavelet's support change on back-end when update server on 31 May 2018))
2. Item master :

HAVE to change to ZP (Wavelet's support change on back-end when update server on 31 May 2018))
3.

Supplier master: default tax code with TX

-6% - HAVE to change to ZP (Wavelet's support change on back-end when update server on 31 May 2018))
4.

 GST-03, 6a with supplier value ;

6b  0 gst amount (filed all the input tax claimed even gst amount = 0), refer to GST-03 version 4, refer GST-03 Info & Formula

If use

TX-0% involve minor changes
1. EMP configuration-tax, Item's Default Input Tax Code (Purchase) -

NO changes required
2. Item master :

NO changes required
3. supplier master: default tax code with TX -

NO changes required
4.

GST-03, 6a

with supplier value ;

6b  0 gst amount (filed all the input tax claimed even gst amount = 0), refer to GST-03 version 4, refer GST-03 Info & Formula

• Wavelet will be changing the tax rate from 6% to 0%
• Related tax code:
• Purchase : TX, TX-NC, BL, TX-CG, IM-CG, AJP
• Sales : SR, DS, DS-ISRV, AJS
• Remain unchanged : 
• TX-6%
  IM-0% (tax on imported goods - 6%)
  AJP-6%
  AJS-6%
• Flat rate: TX-FRS - remain 2%
• Wavelet will update server on 2018-05-31 night
• Replace Item Master, Supplier Master, TX to ZP
• Change Selling Price to excluded gst and update the rounding (based on the feedback on telegram group)

• User need Refer Point 3.1 for user to manually change the settings for EMP Configuration > Tax

• User needs to ensure the Printable/ Hard copy Tax Invoice passed to customer need to have 0% tax rate. Need to double check before pass to customer.  If there have any printable with 6% written, can raise to Wavelet to do the adjustment

• Before server update on 2018-05-31, user need to export the Item Listing file into Excel and save it. After server update on 2018-05-31, user need to export the Item Listing and compare the Price Tax Option/ Price Tax Option Input and the Price if it is correct. Refer to the link Item Listing to export to excel. 
• Menu Path: Inventory > Item > Item Listing
• Select by Category or generate All Data >  Export Data
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• Target Fields for checking Selling Prices 
• Default + 
• PRICE_LIST 
• PRICE_SALE
• PRICE_DISC1
• PRICE_DISC2
• PRICE_DISC3
• PRICE_MIN
• PRICE_MAX

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• Target Fields for checking Purchase Prices 
• Default + 
• REPLACEMNENT_COST
• PURCHASE_PRICE_MINIMUM
• PURCHASE_PRICE_MAXIMUM

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Performing back-dated transaction for May 2018.

Input Tax

For back-dated transaction (before 1 June) for Input tax claim, GRN, Supplier Invoice, Payment Voucher, Supplier Credit Memo Select the TX-6%

Output Tax

Scenario: In June 2018, user wants to back-date dated transactions to May 2018. However, starting  1st June 2018 onwards, EMP captures SR tax code as 0% and TX tax code as 0% . May 2018 has 6% GST. Especially for the Supplier Invoice or Expenses transactions (transaction for Input tax claim)
Answer: User need to manually change the Tax Rate from 0% to 6% at the Item Widget before Confirm and Save the transaction.

To allow user to change TAX CODE in the transaction, need to enable the permission as follows: Go to

Menu Path: Control Panel > System Admin > Manage Users > Configure Role Permission > Extended Module >  General Malaysia GST Permission > Permission to add/edit Item Widget Tax

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• Yes, GST-03 still needed to be submitted.
• Please refer to GST-03 Info & Formula for GST-03 Version 4
• Note: If there is negative amount at GST-03 (5b) and (6b), user need to do gst adjustments with AJS or AJP

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*assume all SR-0%

Scenario: Bad Debt Relief was done in May 2018, Bad Debt Recovered was done in June 2018.
Answer: Bad Debt Recovered need to have 6% tax rate if it is done in June 2018, if it is related to Bad Debt Relief done in May 2018 or before.

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Scenario : Invoice (INV) was issued in May 2018 with 6% tax rate, Sales Return (SR) was created in June 2018. How would the SR be treated for GST? 
Answer : SR in June 2018 need to have 6% tax rate based on the INV issued in May 2018. Applies the same for Purchase Return (PR) in June 2018 which is based on GRN from May 2018. 

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Notes : 

1. Advised to create Sales Return by Invoice with cash refund, with SR-6% (or follow Invoice tax rate) payment voucher auto created and the gst amount refund to customer (example: return  RM 1272, RM 72 is gst amount, PV RM 1272)
2. Create new Cash Sales with cash receive, with SR-0% (example, new invoice RM 1000, cash RM 1000, in result, (RM 72) in drawer, this amount could claim back from custom, refer scenario 2)

Scenario 2: If there have SR and PR being created in June 2018 with 6% gst, GST-03 (5b) and (6b) might result in negative amount. TAP file does not allow negative amount to be submitted.
Answer 2: User need to do GST adjustment with AJP tax code to remove Transfer the negative amount from GST-03 (5b) and to (6b) . to Claim back the GST amount

The following are the suggested steps to perform GST adjustment for negative amount at (5b) and (6b):

Example: GST-03 (negative amount at 5a and 5b due to SR with 6% gst in June 2018)

5a.  : (RM 1272)
5b. :  (RM 72)

Result:

6a. : -
6b. :  RM 72

Note: No principle amount for AJP

Menu Path: Extended Module > Malaysia GST > Tax Filing > GST Adjustment 

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Scenario 1: 

Customer Consignment Create (CCO) was issued in May 2018

- SR-6%

Customer Consignment Return (CCI) was done in May 2018

- SR-6%

Consignment Billing (INV) was issued in June 2018

- SR-0%

Answer 1: User need to manually change the tax rate to 0% following the date of issuing the Invoice (Consignment Billing)  ; As for the Customer Consignment Return (CCI) that was done in June 2018, it will not affect the GST, no GST record in system

Scenario 2: 

Customer Consignment Create (CCO) was issued in May 2018 , - SR-6%

Customer Consignment Return (CCI) was done in June 2018 . - SR-6%

Consignment Billing (INV) was issued in June 2018- SR-0%

.
Answer 2: User need to manually change the tax rate to 0% for Consignment Billing. As for the Customer Consignment Return (CCI) that was done in June 2018, it will not affect the GST, no GST record in system

• The tax rate for BOM items will not be auto-changed after the server update on 2018-05-31.
• User need to manually change the tax rate from 6% to 0%. 
• Wavelet will help to export the BOM listing before server update.
• After server update, user need to edit the price and upload the BOM listing to the system. 
• User need to ensure the updated price at BOM should be correct after 1st June 2018.

Refer to the following link for BOM Upload.

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