SQL Accounting v743 update


What's new in SQL Accounting v743 update

For non-GST adjustment purpose, a new Journal Entry is now available in:

  1. Customer Debit Note & Credit Note
  2. Supplier Debit Note & Credit Note

Guide on tax invoice and records keeping as at 6 January 2017

80. Credits for zero-rated or exempt supplies included in a credit or debit note must be totalled separately and the note must show clearly that no GST credit has been allowed for them.

81. If credit are issued without GST adjustment, they should state 'This is not a credit note for GST'. You need to adjust your records of outputs and inputs in order to complete your GST return. Example of credit note and debit note are as shown.

Contact Us