Troubleshooting: GST - “Error on GST On Realized Gain Loss: Tax Type IES not found”

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Question: When I try to run GST Processor, error message prompted “Error on GST On Realized Gain Loss: Tax Type IES not found”. What should I do?


IES.png


Possible Reason:

You have not maintained (activate) a tax type called: IES in the Tax Code Maintenance. IES stands for Incidental Exempt Supply and it is used when there is gain/loss in foreign exchange.


Solution:

Go to GST > Tax Code Maintenance > Configure Malaysia GST


IES1.png


Click on “Output Tax”, then search for the “IES” tax code, check the checkbox and save. After that re-run GST processor again.


IES2.png


By: Ella 170728, KM 170802; P170810

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