GST Analysis

The GST Analysis report gives details on the Total of all Purchase and Sales transactions, passed using different GST Types.

Supplies/Incomes (Output Tax)

This section displays the total sales amount on each GST Type.

Combined

The total sales amount calculated on different GST Types using a Combined class displays in this column.

Standard Rated

The total sales amount on all the transactions passed using the Standard Rated GST Type, is calculated and displayed is this column.

Zero Rated

The total sales amount on all the transactions, passed using the Zero Rated GST Type, is calculated and displayed is this column.

Exempt

The total sales amount on all the transactions, passed using the Exempt  GST Type, is calculated and displayed is this column.

Out-of-Scope

The total sales amount on all the transactions passed using the Out-of-Scope GST Type is calculated and displayed is this column.

Purchases/Expenses (Input Tax)

This section displays the total purchase amount on each of the GST Types mentioned above.

Import Under MES

The total purchase amount on all the transactions, passed using Imports under MES GST Type is calculated and displayed is this column.

Gross Amount

This column displays the total sales/purchase amount in each of the GST Types.

GST Amount

This column displays the total GST amount on each of the GST Types.

GST%

This column displays the Percentage of GST.

The GST Analysis report also calculates and displays the Net GST to be claimed from IRAS.

Use Alt + F1 to view a the detailed GST Analysis report.