UBSA1.61 : Access UBS (Accounting): How to change taxable period range

UBSA1.61 : Access UBS (Accounting): How to change taxable period range

Description

Changing of taxable period from 3 months to 1 month due to total annual sales increased to more than RM 5 Million

Environment

Access UBS Accounting

Solution

Taxable period for your company is 3 months initially. After completed 1 GST submission, the taxable period needs to be changed from 3 months to 1 month due to total annual sales increased to more than RM 5 Million.
  1. At the Taxable period screen, lock the taxable period which you have already successfully submitted the GST Return:
    1. Select the taxable period, and click on the Lock button.
  2. Change the Taxable period, GST effective date and GST Next Filing Date, then click OK. 
    In this example, the first taxable period was 01/04/2015 to 30/06/2015. From second taxable period onward (starting 01/07/2015), the taxable period is changed to 1 month.
    Thus, you need to set the new GST effective date as 01/07/2015, GST Next Filing date as 01/08/2015.
  3. When the confirmation message is shown, click on Yes. System to regenerate the taxable period accordingly.
  4. Check the new taxable period generated
--Source from Access UBS --