As your business grows and expands into Singapore, the Singapore CSF helps to keep your Epicor Financials system compliant from day one to save time and expense. The CSF package contains the most used financial and operational functionalities in the country including:
The GST Report includes Singapore-specific tax information, showing the summary of input (purchase) and output (sales) tax by Tax Liability.
This report can be submitted to the local tax authority. Depending on the balance of the input and output taxes, the submission may result in a GST payment or a refund.
The Sales Tax Report includes Singapore-specific tax information.
The electronic payment formats for UOB (United Oversea Bank) and DBS (Development Bank of Singapore) are supported by the Singapore CSF package. These formats can be imported as an electronic fund transfer in Epicor Financials to support AP payments processing.
The Data Export Tool can compile the audit file required by the IRAS (Inland Revenue Authority of Singapore) in flat file or XML format. Besides the IRAS Audit File (IAF), an index.xml file is also generated.
This inventory costing type is based on the cost of the inventory in the beginning of the period, and all the purchases in the specific period are included in the calculation. The functionality includes the Periodic Average Costing Workbench and a Periodic Average Costing report.