Singapore (SAP Library

Singapore

Purpose

This country version is designed for use by businesses with operations in Singapore. As well as the generic SAP System functions, it comprises functions designed for laws and business practices particular to Singapore, and a country template to help you customize the system according to local requirements.

This documentation explains how the country-specific functions work and what Customizing settings are made by the country template. It does not cover the generic functions, which are described in the rest of the SAP Library.

Features

Country-Specific Functions

Most of the country-specific functions for Singapore relate to Financials. The main areas are as follows:

Capital allowance

Users can post and run reports on capital allowance, the Singaporean form of tax depreciation.

Advance return for taxes on sales/purchases

A SAPscript form is available for the quarterly advance return for taxes on sales/purchases, GST F5.

Posting line items net of VAT

You can post line items net of VAT, and the system automatically calculates the VAT for you.

Creation of customer invoices from Accounts Receivable (FI-AR)

You can issue customer invoices for miscellaneous sales from FI-AR, using a special correspondence type, in case you do not use the Sales and Distribution component.

Singaporean version of the standard Vendor Payment History Report
Singaporean version of the Payroll (PY) component, Payroll Singapore (PY-SG)

Country Template

To allow you to customize your Singaporean company codes more quickly, you can use the Singaporean country template in the Country Installation Program.