Singapore Tax Reports helps you gather and prepare information that you need when reporting GST to the Inland Revenue Authority of Singapore (IRAS).
Note: The Singapore Tax Reports program calculates values in reports based on requirements defined by IRAS. For details, see the IRAS Guide on Accounting Software (particularly Appendix 1 - Key Data Elements to be Present in IRAS Audit File, Appendix 2 - Types of GST Supplies and Purchases, and Appendix 5 - Producing Data Required for GST Return Preparation).
To ensure that tax reports include all information required by IRAS, you must have other Sage 300 programs.
The following programs are required:
- System Manager
- Tax Services
- General Ledger
- Accounts Payable
- Accounts Receivable
Also, if you use the following programs, transaction details from these programs are included in IRAS Audit Files:
- Purchase Orders
- Order Entry
Depending on your purchase agreement, some features described here may not be available in your product.