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Input Tax Where do Input Tax come from?

Formation of Input Tax (Malaysia GST)

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Page 1: Formation of Input Tax (Malaysia GST)

Input Tax

Where do Input Tax come from?

Page 2: Formation of Input Tax (Malaysia GST)

Output Tax - Input

Tax = Taxes to pay

Where do Input Tax come from?

Page 3: Formation of Input Tax (Malaysia GST)

Input Tax

Purchases

Expenses

Page 4: Formation of Input Tax (Malaysia GST)

Input Tax

Purchases- Setting Purchase Tax Code in Stock Master

Page 5: Formation of Input Tax (Malaysia GST)

Purchases- Setting Tax Code in Creditor Master

Page 6: Formation of Input Tax (Malaysia GST)

Issue Purchase Order

Receive Stock

Issue Supplier Invoice

Auto update to accounts

+ Input Tax

Purchases

Expenses

Formation of Input Tax

Page 7: Formation of Input Tax (Malaysia GST)

Page 8: Formation of Input Tax (Malaysia GST)

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Page 9: Formation of Input Tax (Malaysia GST)