Singapore GST Registered Company but Home Currency is in USD. How do i file GST?
Hi There,
90% of the Company transactions are in USD. Thus, our financial statements functional and presentation currency is USD.
Recently, our company is GST registered with IRAS. There are 2 requirements that QBO is not able to fulfill, or i have yet to find a solution. Anybody can help me on following 2 matters:
1. Sales Invoices are in USD, but IRAS requires exchange rate and SGD amount to be shown on the Tax Invoice itself. How do i do it on QBO?
2. GST Reports generated in QBO are all in USD. How do I generate the report in SGD to we can check, reconcile and report the GST figures in SGD to IRAS?
Please help~
