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SST Taxes and Charges Template

Before creating the new Taxes and Charges template for SST, Item Tax would be allocated in the Item Master Data. 

(A) Update Item Tax for Items

There are several approach when comes to item taxes:- 

      a) If a new Finished Goods item is created, set the new Item tax data with the appropriate sales tax account in the Item the                Item Master when the sales tax is applicable.

                   GASB---SST-.png

     b) If an existing Finished Goods item has taxetax like Output Tax SR for example, this tax is no longer applicable. Please   

 

If  using  an  existing  Finished delete Goods item, delete rmerthe item tax data and replace it with new taxes along with the new tax account rate (refer screenshot in (a) for the               and Tax  rate  into  the  Item Tax. The example replacement of new Sales Tax, you may follow section b) as shown above.Tax. 

                     FG---Item-tax.png

    c) For new and existing Traded Goods or other items, please remove all tax data in the Item Master because these items          are non-taxable.

               Item-Taxes---delete.png

B) Set up New Taxes and Charges Template

1. For Sales Taxes -> go to Sales Taxes and Charges template -> select New 

           Sales-Taxes-and-Charges-Template.png

2. Allocate the Sales Taxes title, fill up the type listed below with the relevant account head and rate to be assigned. For       example from second screenshot below, Standard Rated Sales, SST of 10%

                   new-sales-taxes.png

                  sales-tax-10-percent.png

 

2. 


2. Disable all other Purchase and Sales Taxes and Charges Templates
3. Clean up existing Tax Rules and create a New Tax Rule to set the new SST template as the default template in Sales Orders (let me know if you need help on this)
4. Update the SO and DN print formats (let me know when you want to start on this, i'll show you how)

 

 

 

 

 

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