Why Does A2000ERP Use So Many GST Types?

A2000Admin
0505-0303-2020202020202020

Theoretically we can use a standardized 7% for all input and output tax transactions. However in the GST Form 5 reporting, you are required to report separately, either sales sales or purchase and within the sales to split into Standard rated, Zero-Rated or Exempt Supplies. Therefor the standardized 7% common rate does not work well in this aspect.

Example of the GST table and box numbers are:-

The result is user will have to select from the list as follow:-

Average rating: 0 (0 Votes)

You cannot comment on this entry