Page 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-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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Notes:

If use TXtax code ZP-0% involve minor changes
1. EMP configuration-tax, Item's Default Input Tax Code (Purchase) - HAVE to change to ZP (from TX-6%) - NO changes required; (Wavelet's support change on back-end when update server on 31 May 2018))
2. Item master : NO changes requiredHAVE to change to ZP (Wavelet's support change on back-end when update server on 31 May 2018))
3. supplier Supplier master: default tax code with TX - NO changes required-6% - HAVE to change to ZP (Wavelet's support change on back-end when update server on 31 May 2018))
4.Impact on  GST-03, 6a with supplier value ; 6b no 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 tax code  ZPTX-0% involve minor changes
1. EMP configuration-tax, Item's Default Input Tax Code (Purchase) - HAVE to change to ZPNO changes required
2. Item master : HAVE to change to ZP (export and update manually or tech support change on back end)NO changes required
3. supplier master: default tax code with TX - 6% - HAVE to change to ZP (export and update manually or tech support change on back end)NO changes required
4. Impact on GST-03, 6a NO with supplier value ; 6b NO gst amount6b  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-NC, BL, TX-CG, IM-CG
• Sales : SR, DS, DS-ISRV
• 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)

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

• User need 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%

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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 gl code. 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.Following are the steps upload the BOM listing with updated price after 1st June 2018: 

• Target Fields for checking Selling Prices 
• Default + 
• PRICE_LIST 
• PRICE_SALE
• PRICE_DISC1
• PRICE_DISC2
• PRICE_DISC3
• PRICE_MIN

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DS - SR-0%

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