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#Post#: 305--------------------------------------------------
Tax authority
By: Hui Theng Date: October 26, 2017, 11:10 pm
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[right][/right]May I know what purpose for the tax authority in
AR &AP in ACCPAC system? How to distinguish & choose those Tax
authority?
AP - GSTADJ ,GSTIRR,GSTMYR,GSTNOC,GSTTXES & MYR.
AR - GSTADJ, GSTIRR & GSTMYR.
Kindly advice.
#Post#: 306--------------------------------------------------
Re: Tax authority
By: NSelvam Date: October 29, 2017, 10:05 am
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Multiple Tax Authority are created in Accpac for many reasons
1. To assign separate GL Accounts for GST Input/GST Output/GST
Expenses
2. Because 1 Tax Authority is limited to 10 Tax Codes for
Purchase & Supply
3. Because the Developer recommended to create new Tax Authority
for the new Codes as per the GST Software Guide dated March 2017
4. Because the Developer recommended to create new Tax Authority
for the revised Tax Codes as per the GST Software Guide dated
March 2017 so that historical records are not affected
5. It is also possible that you have a customized GST program
(especially if you are a mixed supplier) to handle your GST03
Tax Filing
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