Published : 2018 August 29

Transcription

1 SIMBIZ 5 User Guide of GST Registrant to Non-SST Registrant Published : 1

2 Table Of Content 1.0 Introduction What user needs to do in System? GST to SST Transition Circumstances Changes you will see Credit Note Issued After 1/9/2018 for Invoice issued before 1/9/ Reference Source 15 End of Content 16 2

3 1.0 Introduction Ministry of Finance Malaysia (MoF) has announced that GST will be substituted by SST effective on 1st September Enhancement has been made in the system to match the changes and controls are added to prevent human error. 1.1 What user needs to do in System? Since you are not a SST Registrant, there is only a configuration that is required to be preset which is your items tax codes: (a) Overwrite tax code of item to blank Currently some or all of your items in system are already assigned with supply tax codes such as SR (Standard Supply) or ZR (Zero Rated Supply). Thus, you would have to remove the tax rates since GST is obsoleted. 1. Go to Joobox > Go to MRP module. 3

4 2. Go to Master data > Click Add/Edit Item. 3. Click [Overwrite] button. 4. Filter the items that you would like to change its current sales tax to SST or you can just click Search button directly to generate all item. 4

5 5. The items will be generated out accordingly. Tick the checkbox next to the item code or, Tick the Check All checkbox to select all items. 5

6 6. Next, click [Edit] button. 7. Select Remove to remove the current tax code applied. Then, click [Overwrite] button. Now the items tax code will be replaced to Null. 6

7 2.0 GST to SST Transition Circumstances The enhancement made also covers the generate function in Sales Order and Delivery Order. There are two cases highlighted in this recent update which are: (1) When a Delivery Order (DO) is generated to Sales Invoice (SI), the tax rate & tax code of the Invoice will be as of the rate used in the Delivery Order. and (2) When a Sales Order is generated to Sales Invoice, the tax rate & tax code of the Invoice will be based on the rate that has been preset in the Item s profile. These two can be summarised in the table below: From Document To Document SI Tax Rate should be (%) DO with GST 0% or 6% Tax Rate (dated before 1/9/2018) Generate to SI (dated 1/9/2018 onwards) GST 0% Tax Rate SO with GST 0% Tax rate (dated before 1/9/2018) SI (dated 1/9/2018 onwards) with no tax rate No tax rate Detailed explanations can be seen as follow: (1) When a Delivery Order (DO) is generated to Sales Invoice (SI), the tax rate of the Invoice will be as of the rate used in the Delivery Order. For example, if the DO is issued on the 28/8/2018 with the item tax as at GST 0% as shown below 7

8 and then it s generated to a SI later on dated 1/9/2018 tax rate of the SI will be following the rate used in the DO. (2) When a Sales Order is generated to Sales Invoice, the tax rate of the Invoice will be based on the rate that has been preset in the Item s profile. For example, if the SO is issued on the 28/8/2018 as shown below 8

9 and then it s generated to a SI later on dated 1/9/2018 the tax rate of the Invoice will be based on the rate that has been preset according to the overwrite action that you did on the item. 9

10 3.0 Changes you will see (a) Your items tax code will be removed from the overwrite action and so you will see no tax incurred in transactions. (b) You may use Default print format to print out your documents since there will be no tax incurred or let our support team amend your customised print format. 10

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12 4.0 Credit Note Issued After 1/9/2018 for Invoice issued before 1/9/2018 In such cases where invoice is issued prior to the tax rate changes, the tax rate of the Credit Note shall be based on the rate used in the Invoice. For example, Sales Invoice was issued on 16/8/2018 with its standard tax rate of 0% and later on a Credit Note was issued dated 1/9/2018 for the invoice issued above. 12

13 Reference Source 1. RMCD Official Website : 13

14 End of Content 14