UBSA1.155 : Access UBS (Accounting): How to include Purchase Return in the SST Return report under column 19
Description
How to setup PTC1 tax code with tax method reporting to Part E (Purchase under Schedule C) line 19 in the SST Return Report.Environment
Access UBS (Accounting)Solution
Setup new tax code in the tax code list
- Go to Maintenance, Miscellaneous Files and select Tax Code Maintenance
- Click Add a new tax code:
Tax Code : PTC1
Type: Purchases
Tax Method: SST Field 19
SST: Sales
Create transaction for purchase return:
- Go to the Supplier & Purchases, Purchase Adjustments and select Debit Note. Now, select Purchase Return and select Create Purchase Return.
- Under SST classification, choose PTC1.
- Also, the S of Purchase Return is D
- This amount will be reported in Part E (Purchase under Schedule C) row 19 in the SST Return Report.
--Source from Access UBS --