This shows you the differences between two versions of the page.
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usage:sg-iras [2014/04/15 10:11] asok |
usage:sg-iras [2014/04/19 10:37] (current) asok |
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from the **Home** page, insert **sg-iras** in **Custom Features** and click on **Update**. | from the **Home** page, insert **sg-iras** in **Custom Features** and click on **Update**. | ||
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+ | Also, please note that if the **Tax Number** is blank, the business itself will be considered an **Unregistered Entity**. | ||
{{:usage:thebusiness.jpg?800|}} | {{:usage:thebusiness.jpg?800|}} | ||
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Select an item, enter appropriate default Tax Category from the available options and click on **Update** to save. | Select an item, enter appropriate default Tax Category from the available options and click on **Update** to save. | ||
- | ====Sales and Purchase Transaction==== | + | ====Sales and Purchase Transactions==== |
The default settings will be automatically picked up during entry of Sales and Purchase Transactions and the rates and tax codes applied accordingly. However, an authorized user may override such default assignments and calculations. The Operational procedures for these transactions, however, are beyond the scope of this page and have been discussed elsewhere. | The default settings will be automatically picked up during entry of Sales and Purchase Transactions and the rates and tax codes applied accordingly. However, an authorized user may override such default assignments and calculations. The Operational procedures for these transactions, however, are beyond the scope of this page and have been discussed elsewhere. |