WMS-1201 Advanced GST with Wavelet EMP (Accounting and GST Filing)
Summary:
This is a very intensive course that takes a deep dive into Malaysia GST requirements. Step by step guide will be given to participants with basic GST understanding.
Target Audience:
- Wavelet EMP Software users (accountants, auditors)
- Wavelet Resellers / Partners
Pre-requisites
- Good understanding of GST Knowledge
- Experience using Wavelet Software for at least 2 months
Notes:
- Please bring your own laptop
Detail Content:
Accounting:
Purchase Transaction
Sales Transaction
Account Double Entry
GST Filing:
| 1 | Tax Filing Cycles |
| 2 | Tax Filing for Sales Transactions (Full Tax Claimable) |
| 3 | Tax Filing for Purchase Transactions (Full Tax Claimable) |
| 4 | Tax Filing for Purchase Transactions for Imported Goods |
| 5 | AR Bad Debt Relief |
| 6 | AR Bad Debt Recovered |
| 7 | AP Bad Debt Relief |
| 8 | AP Bad Debt Paid |
| 9 | Generation of GST-03 (without support for TX-RE) |
| 10 | Generation of GST Audit File (GAF) |
| 11 | Other GST Reports |
| 11.1 | Simplified Tax Invoice Report |
| 11.2 | Output Tax Invoice Report |
| 11.3 | Input Tax Invoice Report |
| 11.4 | Output and Input Tax Summary Report |
| 11.5 | GST Taxable amount for Tax Code |
| 11.6 | GST Adjustment (AJP, AJS) |