Set up the VAT accounts and Coretax
VAT journals go to the right accounts, and Finday is ready to produce the XML files for Coretax.
Before you start
- Access to view the chart of accounts and change tax settings.
- The tax rates, already created.
Steps
Step 1: Map the VAT accounts
In Settings, open Account mapping. Fill in Sales Tax Payable and Purchase Tax Receivable, or click Apply recommended, then Save changes.
Screenshot coming soon
The Account mapping page with the Sales Tax Payable and Purchase Tax Receivable roles.
Step 2: Choose Indonesia (Coretax)
On the Tax page, click Open country compliance. Under Country compliance, choose Indonesia (Coretax). It saves on selection.
Screenshot coming soon
The tax compliance page with Country compliance set to Indonesia (Coretax).
Step 3: Set the transaction code and Coretax units
Open the Tax rules tab. Choose the Transaction code and complete the Coretax UOM mapping for the units you use. Changes save automatically.
Screenshot coming soon
The Tax rules tab with Transaction code and Coretax UOM mapping.
When you are done
- Once Indonesia (Coretax) is chosen, the Tax page shows the Output VAT Export, WHT BPPU Export and Export History tabs.
- Finday produces XML files to upload to Coretax. It does not send them to DJP directly.
Common problems
The Coretax mapping option does not show on a tax rate
It appears once Country compliance is set to Indonesia (Coretax). Set that first, then open the rate again.
Something still unclear?
Ask us on WhatsApp. The Finday team replies during office hours and can walk you through it in your own account.