Savings

Saving is .
Deposits of public or other parties whose withdrawal may only be made
under certain conditions which have been agreed

in cash
Withdrawn only in certain nominal multiple
not exceed certain nominal balance
2
 1989 : Bank Indonesia gave freedom to
commercial banks to create savings products.

Before 1989 After 1989

Tabanas Simaskot BRI
Taska Tahapan BCA
Tabungan ONH Taplus BNI
Tabungan Mandiri

3
 Requirements for the implementation of savings

1. Banks may only conduct savings in the form of rupiah

2. Provisions stipulated by their respective banks
3. Withdrawal of savings are not allowed to use checks, bilyet giros, and other similar
pay orders.
4. Withdrawal : go to bank or ATM
5. The savings bank is permitted to set its own service, administration system, deposit,
retrieval frequency, passive savings, interest rate, calculation and interest payment,
gift giving, saving name.
6. Saving interest is subject to final income tax (PPh) 15% for residents and 20% for
non-residents

4
 Savings
Account
Recording
 How to record savings?

recorded at the nominal value of the deposit

subsequently presented at the liability value

Balance + Interest - Tax

6
 On May 1st , Rangga open Prima savings at Bank Duta Prima Semarang with cash
in the form of Rp. 1,000,000, notes that have matured and have been collected by
Maxi Bank branch Cilacap Rp. 5.000.000, check BNI Semarang Rp. 10,000,000. The
collection and clearing of these documents was declared successful on May 1, 2017.
Rp. 50.000, stamp duty charge of Rp. 10,000

Accept Credit Card RAR. Accepted Receipts 5.000.000

Collection works RAR. Accepted Receipts 5.000.000

Record to the Savings RAK. Branch Cilacap 5.000.000

BNI Checking account 10.000.000

Cash 1.000.000
Collection revenue 50.000
Stamp Duty 10.000
Savings, Prima - Rangga 15.940.000
 Saving in another branch office : Rangga do cash
deposit for savings on May 5, 2017 of Rp.
10,000,000 from Cirebon branch.
Branch Semarang RAK. Branch Cirebon 10.000.000

Prima Savings 10.000.000

Branch Cirebon Cash 10.000.000

RAK Branch Semarang 10.000.000

8
Withdrawal
Savings
 On May 10, 2017: Rangga liquefies savings in branch Semarang Rp.
10,000,000
On May 25, 2017: Rangga withdraws savings in branch Surabaya of Rp.
15,000,000

Branch May 10, 2017 Prima Savings 10.000.000

Semarang Cash 10.000.000

May 25, 2017 Prima Savings 15.000.000

RAK. Branch. Surabaya 15.000.000

Branch May 25, 2017 RAK. Branch. Semarang 15.000.000

Surabaya Cash 15.000.000
Date Debit Credit Balance

1/5-2017 Opening Deposit 15.940.000 15.940.000

5/5-2017 Deposit from Branch Cirebon 10.000.000 25.940.000

10/5/2017 Cash Withdrawl 10.000.000

25/5/2017 Cash Withdrawl from Branch 15.000.000

Surabaya

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 Interest on Savings
and Calculations

Bimbingan Belajar-AKL 12
 Example 1 :

Date Interest Rate of

Savings
May 1, 2017 12%
May 15, 2017 14%
May 20, 2017 15%
May 25, 2017 11%
Time Fund Settles Interest Day Balance Interest rate Amount of
Interest

May 1 May 5 4 15.940.000 12% 21.253,33

May 5 May 10 5 25.940.000 12% 43.233,33
May 10 May 15 15.940.000 12% 26.566,67
5
May 15 May 20 5 15.940.000 14% 30.994,44
May 20 May 25 5 15.940.000 15% 33.208,33
May 25 May 31 6 940.000 11% 1.723,43 14

Total
 Interest Expense 156.979,43

Prima Savings 156.979,43

Tax Recording 15% Prima Savings 23.546,92

Income Tax Payable 23.546,92

(PPh)

If the income tax Income Tax Payable (PPh) 23.546,92

Bimbingan Belajar-AKL 15
Payable to the state Giro State Cash Office 23.546,92
 Example 2
Date Inte Balance Interest Amount of Interest
rest Rate
Day
May 1 May 5 4 15.940.000 12% 21.253,33
May 5 May 10 5 25.940.000 12% 43.233,33
May 10 May 25 15 15.940.000 12% 79.700,00
May 25 May 31 6 940.000 12% 1.880
Total 146.066,66 16
 Example 3

Lowest Balance In The Interest Rate(%)

Month (Rp)
0 10.000.000 12

10.000.000 20.000.000 13

20.000.000 50.000.000 14

More than 50.000.000 15

17
 Saving Fees for Hajj
(ONH)

Bimbingan Belajar-AKL 18
 Date May 1, 2017 Mr Ali opened the savings ONH with initial deposit Rp.
20,000,000. Then on August 1, 2017 Mr Ali registered as a candidate Hajj.
At that time, Mr. Ali must settle his shortfall through the bank concerned
for Rp. 14,000,000. Gift for Rp. 200,000 submitted on 1 August 2017.
Annotation Date Account Debet Credit
Deposit saving May 1, 2017 Cash 20.000.000
ONH Savings 20.000.000

Overflowing savings August 1, 2017 ONH Savings 20.000.000

To ONH Cash 14.000.000

Deposit ONH 34.000.000

Gift giving August 1, 2017 Promotional Fee 200.000