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#Post#: 139--------------------------------------------------
Kueh-kueh from road-side stall
By: Samy Date: July 24, 2017, 4:53 am
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My friend's company purchase a lot of kueh kueh every month from
a road side stall for office meetings. Money from Petty Cash.
The seller never issue resit. How should the company accounts
for these transactions under GST.
#Post#: 155--------------------------------------------------
Re: Kueh-kueh from road-side stall
By: NSelvam Date: July 26, 2017, 9:38 am
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Most companies I know have the same problem
No receipt. Claim via Petty Cash & assign Tax Code OP
This also explains why OP is such a popular Tax Code
Like what this Accounts Exec told me
"In event of doubt, I use 'OP' for all Transactions with no GST
But she must remember all Purchase Transactions appear in GAF in
P Record Element so it makes it very easy for the GST Auditor
to analyse all the OP Transactions
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