Gift Rule: Difference between revisions

no edit summary
No edit summary
No edit summary
 
(4 intermediate revisions by one other user not shown)
Line 3:
Gift rule is for user to record their gifts.
 
Go to ''<span style=color:red>GST > Gift Rule</span>''
 
Go to ''<span style=color:red>GST > Gift Rule</span>''
 
[[File:Gift Rule 1.png]]
Line 45:
 
 
If accumulated gift amount of current debtor, creditor or names for the fiscal year is below RM 500, save complete without any further action. If more or equal to RM 500, system will prompt user to generate journal to account for output tax. Click ''<span style=color:red>Yes</span>'' to save and generate journal for output tax.
 
[[File:Gift Rule 2.png]]
 
*Output tax will be calculated from the total gift amount for that fiscal year. Consequences gift rule in future will calculate only on the new gift amount since the old record had already been account for GST. Every new fiscal year will reset the accumulated gift amount.
 
 
[[Category:Users]]
{{NavigateForUser}}
1,155

edits