C7- GST MODULE

CHAPTER 7

Goods & Service Tax (GST) module was added into Mr Accounting to comply with GST requirements that started in 1/4/2015.

The addition of GST functions allow tax amount to be automatically calculated for each transaction based on the tax code. The tax amounts are added up and automatically included in the GST-03 form, which can be generated in this module.

The key features for GST in Mr Accounting are:

1) Tax Code Management

2) Tax Default Settings

3) GST Return-03 form

4) Reconciliation

5) Tax Adjustment

6) Tax Analysis Reports

7) GAF for tax audit

This module is continuously updated to include the latest GST ruling changes and amendments.

GST Module Main Menu screen