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Singapore Tax Rate Change

davidzouk
Explorer
0 Kudos
820

Hi All,

In Singapore, the GST will be increased to 8% from 7% effective from 1.1.2023, we have updated the tax rate schedule in SAP-BYD. However, the Purchase Order items across year 2022 and 2023 with two different tax rates having an error message of "Only one tax rate allowed for tax type GST and rate type Standard (country Singapore).

After searched, understand for some countries like Germany have the tax rate change and able to apply reduced tax rate type to solve the issue but unable to find the way to configure the same for Singapore.

Hoping any one can have the advice for this. Thanks!

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edayang
Advisor
Advisor
0 Kudos

Hi David,

My assumption of your requirement is to have multiple items in one purchase order. Among them, some are with tax date of year 2022, while others are of 2023. Is that your scenario?

Thanks,

Eda

davidzouk
Explorer
0 Kudos

Yes correct, Eda!