GST Filing Checklist & Guide

• Please make sure the Financial Year added (Add Financial Year)
• Please make sure the Tax Year added (first taxable period is the same as the GST registration approval letter) (Add Tax Year)
• Create the Filing Cycle (Tax Filing Cycle Create)
  
• Input Tax Credit Transaction (Expenses, Credit Card Charges, Bank Charges(GST on Credit Card Charges (Manually))
• GST Adjustment (AJP/AJS : GST Adjustment, Rounding Adjustment in GST Input Tax, TX-RE : Capital Goods Adjustment)
• Declare AR Bad Debt (for Over six months outstanding invoices) - Filing on October 2015 (Customer (AR) Bad Debt Relief)
• Declare AR Bad Debt Recovered (for previously declared Bad Debt) - Filing on November 2015 (Customer (AR) Bad Debt Recovered)
• File Output Tax (Output Tax Filing)
• Declare AP Bad Debt (for Over six months outstanding invoices) - Filing on October 2015 (Supplier (AP) Bad Debt Relief)
• Declare AP Bad Bebt Paid (for previously declared Bad Debt) - Filing on November 2015 (Supplier (AP) Bad Debt Paid)
• File Input Tax on Imported Goods (Tax on Imported Goods)
• File Input tax (regular transaction) (Input Tax Filing)
• Reports for Submissions : GST-03 (GST-03 (GST Tax Return)
• Reports for Submissions (upon request from Royal Custom): GST Audit File GAF
• Supporting Reports
  i) Simplified Tax Invoice Report
  ii) Output Tax Invoice Report
  iii) Input Tax Invoice Report
  iv) Output And Input Tax Summary Report
• i.) Payment of GST (Create Payment Voucher for GST payable)
  ii) Returns of GST (Received Payment from RMCD)
• Lock Filing Cycle (Tax Filing Cycle Listing)
• Lock Financial Period (Edit Financial Year and Period)

Optional:

Create Journal Transaction for
i) GST payable (Journal Transaction for GST Payable)
ii) GST claimable ( Journal Transaction for GST claimable)