Below are guideline(s) on Import Services Entry and Declaration. Q : My company had hired overseas consultant from Australia to give consultation for my company. What is the applicable tax code and how to declare this transaction? A : This transaction is consider as imported services and you must use self-recipient accounting (SRA tax ..
Category : Financial
Below are guideline(s) of “Fixed Asset Account” setting and its Transaction Entry: Step 1: Go to Chart of Account (COA) >> add fixed asset account under “B35” category as shown below. 1a. Create One detail account code with fixed asset type ” Cost” -.fill Account code & Account Name – Account type choose “Detail Account” ..
Below are guideline(s) to entry Purchase of Fixed Assets : Steps: In Purchase Journal (PJ) >> click “Purchase A/C” >> tick “Financial Category” and choose “B35” >> click “Refresh” and choose one account code under thi..
Below are guideline(s) to Classify Customer under Other Debtors Account Step 1: Create Account Code Under B55 Step 2: Go to Maintenance >> Category >> List Step 3: Select the Category Code from the list (Eg. C03 – Food Service) >> link Control Account to “Other Debtors” Step 4: Go to Customer Maintenance >> ..
Customer Detail Aging & Customer Summary Ag..
Below are guideline(s) entry Overseas Purchase and Payment Voucher with gain currency : Step 1: Add a transaction in Invoice FROM supplier and choose currency type and key in currency rate Step 2: Go to Payment Voucher (PV) >> Supplier >> choose the supplier >> choose currency and key in currency rate >> key ..
Below are guideline(s) to Change Parent Level Chart Of Account : Step 1. Go to Chart of Account (COA) a. Choose the account code which want to change then right click b. Click “Change parent Level Account” Step 2. Choose New Code Parent Level >> click “Change..
Below are guideline(s) on How to Activate Branch : Step 1: Go to System > Administrator Menu > General Setup Step 2: Go to “System Screen Setting” >> tick visible for “Branch” >> click “Save” Step 3: Go to Maintenance >>Branch >> key in branch information Powered By : SKYBIZ ® Beyond Cloud ..
Below are guideline(s) on Multi-Currency Settings: Step 1: Go to System >> Administrator Menu >> General Setup >> System Default a) Tick Process Multi-Currency b) Choose Realised Gain/Loss Account c) Save Step 2: Go To Maintenance >> Currency Maintenance Step 3: Fill in all data >> Add Item >> Add ..
Below are guideline(s) to activate “payee/payor” : Click “MyFinancial” and go menu System>>Administrator Menu>>General Setup and click on it. System Screen Setting page, tick “Payor” and click button “Save“. To maintain payee master file, click Menu “Maintenance>>General Ledger Maintenance>>Payee/Payor“. Key in all information and click button “Add New“. Powered By : SKYBIZ ® Beyond..