To provide more information on tax transactions and collection, we recently added a new Tax Details Report. This report is available in either Excel or PDF format and can be generated in two (2) different basis: a. Payment Basis b. Invoice Transaction Please refer to the sample screenshots below for further details. i. Reports > Reports > General Ledger > Tax Details Report

ii. Tax Details Report – Payment Basis The listing shows tax transactions that have been collected (taxable amount, tax amount, tax collected) within the selected date range.

iii. Tax Details Report – Invoice Transaction The listing shows details of all tax invoices (taxable amount, tax amount, tax collected) within the selected date range.

In July, the bank reconciliation function (Banking & General Ledger > Transaction > Reconcile Bank Account) was also enhanced to allow adding a new reconciliation and generate the Bank Reconciliation Statement even if there are no transactions records for the reconciliation month/period. The list of changes is as follows: a. Added “Add New” button - Users can click on this to save the new reconciliation. b. Added “Save” button - Users can click on this to save the page after changes such as input/edit of the Ending Balance (bank statement balance). c. Added “Delete” button - If there are no transactions ticked for this reconciliation, when the user clicks on Delete the reconciliation can be deleted. i. Reconcile Bank Account – “Add New” Button

ii. Reconcile Bank Account - “Delete” & “Save” Button