What you need to prepare in Dynamod, SmartSQL and POS to transition into SST period on 1st Sept 2018
Update to latest version
- Must have valid Cover
- Update before 1st September 2018.
Setup SST at Dynamod and SmartSQL and what need to do
Y = Yes and need perform some actions during the transitional period
N = No and no action is needed.
No | Item | GST TO SST | GST TO NON-SST | NON-GST TO SST | NON-GST TO NON-SST |
1 | Update Version 2018.3 (28/08/2018 Tuesday) Update Server Socket 2018.3 Update Sub Comp Socket 2018.3 | Y | N | Y | N |
2 | Disable GST | Y | Y | Y | Y |
3 | Enable SST | Y | N | Y | N |
4 | Prepare Stock & FA List as at 31/08/2018 Being submitted by 29/Dec/2018 for Deemed Supply, (根据 First Schedule 1 (5) (8) GSTA, 是有 claimed 过 input tax 的才需要 Deemed Supply，1/4/2015 之前的 stock 和 FA 都无需要 deemed） | Y | Y | N | N |
5 | Invoice Format (Shall not consists of GST Info) | Y | Y | N | N |
6 | Invoice Format : SST Number, SST Charges | Y | N | Y | N |
7 | Ensure use SST Invoice and Receipt Format (New) | Y | N | Y | N |
8 | Default Company Settings on SST a) SST Type: Service Tax / Sales Tax / Sales & Service Tax b) Default Tax Code for SST - For F&B SST Registrant, Set SV6 as default - For IT SST Registrant, Set SV0 as default - For Manufacturer SST Registratnt, Set SL10 / SL5 as default depend most of the items involved. c) Default Service Tax Account d) Default Sales Tax Account | Y | N | Y | N |
9 | Remain Company GST Number, don’t set to blank | Y | Y | N | N |
10 | Service Tax Settings | Y | N | Y | N |
11 | Sales Tax Settings | Y | N | Y | N |
12 | Stock Tax Code for SST (SV6, SV0, SL10, SL5, SL0) | Y | N | Y | N |
13 | Chart of Account Default SST Tax Code | Y | N | Y | N |
14 | Add SST Payable & Receivable Control Account | Y | N | Y | N |
15 | Card File Default SST Tax Code | N | N | N | N |
16 | SST Tax Code input in Sales Transaction like Invoice, CN | Y | N | Y | N |
17 | No SST Tax Code required in Purchase and Expenses | Y | Y | Y | Y |
18 | SST Tax Code input in Journal Entry | Y | N | Y | N |
19 | Handle Payment/Accrual Basis options on Service Tax | Y | N | Y | N |
20 | SST Transaction Posting for submission | Y | N | Y | N |
21 | SST Simulation Process | Y | N | Y | N |
22 | Service Tax Form | Y | N | Y | N |
23 | Sales Tax Form | Y | N | Y | N |
24 | SST Transaction Listing Report | Y | N | Y | N |
Setup SST at POS
Y = Yes and need perform some actions during the transitional period
N = No and no action is needed.
No | Item | GST TO SST | GST TO NON-SST | NON-GST TO SST | NON-GST TO NON-SST |
1 | Update POS Version to 2018.3 (28/08/2018 Tuesday) Update Client Socket Program to 2018.3 | Y | N | Y | N |
2 | Disable GST | Y | Y | Y | Y |
3 | Enable SST | Y | N | Y | N |
4 | Input Service Tax Number | Y | N | Y | N |
5 | Ensure Service Charge calculate Service Tax | Y | N | Y | N |
6 | Ensure Deposit not calculate Service Tax | Y | N | Y | N |
7 | Ensure Receipt Don’t Have: Tax Invoice term GST Summary GST Payable at | Y | Y | Y | Y |
8 | Ensure Receipt Have: SST Number SST Charges Amount | Y | N | Y | N |
9 | Ensure Stock with SST Tax Code assignment Service Tax: SV6, SV0 Sales Tax: SL10, SL5, SL0 | Y | N | Y | N |
Sample F&B Taxable Servicing Charges Bill Listing:-
