IRAS Reporting

In Singapore, companies must submit the Inland Revenue Authority of Singapore (IRAS) Audit File in electronic format to the IRAS. This format is based on the OECD Standard Audit File for Tax. Companies must publish their main master data which include these data:

  • Suppliers
  • Customers
  • Accounts and taxes along with purchase invoices
  • Sales invoices payments
  • General Ledger transactions

You can use LSP to generate the IRAS Audit File to comply with government requirements.

For supported versions, see Infor Localization Services Product Overview.

At this point, LSP makes the messages available and ready for submission, but it does not transport the output message anywhere.