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  1. Singapore Tax - GST F5 for foreign currency ledger

    13 votes

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    7 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Gaining Support  ·  AdminKelly Munro (Community Manager, Xero) responded

    Thanks for sharing and supporting in this idea, everyone. Right now, developing GST F5 for foreign currency in Singapore isn't in our roadmap.

    Currently, Singapore organisations can access the GST Audit report that shows the base currency, FX value and Singapore dollar value information you’ll need to meet IRAS requirements.

    You can also use the Foreign Currency Gains and Losses report to show the gains and losses needed for IRAS reporting.

    We'll continue to get a sense of the interest in this idea, and if there are any changes will share news with you here.

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    Josephine Yap commented  · 

    It is critical. Please come out an solution as this part of the bookkeeping job.

    Josephine Yap supported this idea  ·