Singapore GST Report
If you have a Singapore subsidiary and nexus and you have the International Tax Reports SuiteApp installed in your NetSuite account, you can generate the Singapore GST F5 Goods and Services Tax Return from Reports > VAT/GST > Tax Reports (International).
To generate the tax report for Singapore, use the tax code properties provided by the International Tax Reports SuiteApp. See Singapore Tax Codes.
NetSuite gets the values in the report from your transactions, but some boxes in the form may require you to manually enter data. It is important that you save a PDF file of the report for your own records because NetSuite cannot audit manually entered data. For information, see Generating VAT/GST Reports.
You should review all the values in the report. You can click the values in the boxes of the VAT report to view details. To understand how NetSuite uses the tax codes to get the values for the Singapore GST F5 Return, see What goes into each box - Singapore GST F5 Return.
You can also use customizable saved reports provided by the International Tax Reports SuiteApp to view both detail and summary reports for purchases or sales, grouped by tax code. For more information, see Sales and Purchase Reports Grouped by Tax Code.
Related Topics
- VAT and GST Reporting Overview
- International Tax Reports
- Generating VAT/GST Reports
- International Tax Reports Best Practices
- Additional Setup Requirements for Singapore
- Singapore Tax Setup
- Singapore Tax Codes
- Setting Tax Preferences
- Setting Tax Rounding Levels, Methods, and Precision Settings
- Accounting for Goods and Services Tax - Singapore
- What goes into each box - Singapore GST F5 Return