GST Form F5 e-Submission via IRAS Connect is almost ready! We have successfully submitted our GST F5 via Moneyworks IRAS Connect without issue. Thanks to our Moneyworks developer Cognito Software Ltd for the effort to help us connect directly to IRAS online for submission. Now we can submit our GST form F5 without manually entering the e-submission form, one step ahead without third party connectivity.
With GST Form F5 e-submission via IRAS Connect, you can expect lesser hassle from your usual routine. For traditional method, one would have to generate GST report, print out all the report and Form 5 Guide, then get to a browser and login to manually fill in the e-form on IRAS. Now with IRAS connect, after you generate the GST report, you can head to IRAS Connect (Command > IRAS Connect…) where you will get to see your F5 generated figures and get ready to sign-in with your Singpass (or Corppass) account. After your sign in, you will only need to allow permission and your figures will be submitted electronically! No manual entries except for the personal contact details.
We are in the midst of applying for IRAS ASR+ listing approval, then we will be officially upgraded to ASR+ tier 2.
Moneyworks is the most feature rich and stable product we have come across. Just read up on all the articles on how you can use just Moneyworks accounting solution in many ways with flexibility to customise reporting, modules that automate your operations as well as integration with your other applications! Adding on to this, we also know that Moneyworks being an On-Premise solution, also allows remote connectivity oncloud. It is just the best combination fit between online and offline all in same solution.
Now do watch this demo on GST Form F5 e-Submission via IRAS on youtube: