GST


 

GST is already here and have started on 1st, April 2015. We, as a software solution provider, not only provide the software for GST, we will also help customer to understand GST and its impart on your business. So we will carry out GST Awarness Talk from time to time. Please click the following button to register for GST talk.
gst talk register 2

SQL Account, IRS POS & F&B are GST compliant and approved by by the Royal Malaysia Customs Department.

Is it necessary to use accounting software for GST?
Like all business transaction a GST transaction is basically the same. That means you will need to record and keep track your business transactions one way or the other to comply with GST.
With that in mind, it is up to businesses to decide whether or not to use an accounting software as a GST tool.

Will GST effect my life or business ?

GST-Malaysia1

Impact of GST on Cost of Living

gst-impact-cost-malaysia

Impact of GST to Business

gst-impact 3

The flow of GST implementation is as follows :

1

Staff GST Training - once every 6 months for GST updates

2

Study all aspects of your business to make sure they are complied with GST rules

3

Mandatory registration of GST for 500K and above

4

After registration, get GST eVoucher,i.e. government grant worth RM 1000 for purchase of GST ready software

5

Purchase and implementation of software

6

Review the provision of employee benefit with may attract GST

7

Review of commercial contract to make sure GST charges are included

8

Review your supplier and customer. Are they GST registered ? Fill in all the necessay details,e.g. Registered No.

9

Tag GST tax code for stock, customer and suppler

10

Training for every single staff on GST-related matter

11

Complete implementation of GST accounting system

 12

System trial run and test run, Ready to go live

GST SAMPLE DOCUMENTS AND REPORTS

  • FULL TAX INVOICE
    FULL TAX INVOICE
  • SELF-BILLED INVOICE GST FORMAT
    SELF-BILLED INVOICE GST FORMAT
  • DEBIT NOTE GST FORMAT
    DEBIT NOTE GST FORMAT
  • CREDIT NOTE GST FORMAT
    CREDIT NOTE GST FORMAT
  • GL GST Summary Sheet - P1
    GL GST Summary Sheet - P1
  • GL GST Summary Sheet - P2
    GL GST Summary Sheet - P2
  • GL GST Summary Sheet - P3
    GL GST Summary Sheet - P3
  • GL GST-03 P1
    GL GST-03 P1
  • GL GST-03 P2
    GL GST-03 P2
  • GL GST-03 P3
    GL GST-03 P3