Malaysia started to implement Goods and Service Tax (GST) since 1st April 2015 to replace the Sales and Service Tax (SST). All companies in Malaysia with revenue more than RM500K must be registered under GST. TreezSoft is a GST compliance cloud accounting software and you can setup your GST registration details in TreezSoft be ensured that all required information will appear in their respective places in each documents.
Go through the simple steps below to setup your GST status:
- Tax setup
- GST preference
- GST document number
1. Tax setup, navigate through Tax > Tax Setup.
You may directly use the existing tax setup that set up in Treezsoft.
If want to add new tax, click on “New Tax” and enter the details. After completed the details, click on “Save” to confirm and proceed.
2. GST preference, navigate through: Tax > GST preference.
Configure the GST Preferences.
3. GST Document No., navigate through Tax > GST Document Number.
You may edit the GST Document Number once time. After that, the GST Document Number is not editable.
You can visit these links to read more about GST in TreezSoft:
TreezSoft is a cloud accounting software for Small and Medium-sized Enterprises (SMEs). It allows you to access your financial information anytime, anywhere. It also allows you to have unlimited users for FREE for your account in TreezSoft. Our aim is to help reduce our clients' time spent on accounting mainly by using our automated processes and integration to help increase their company effeciency at a minimum costs. SMEs can use TreezSoft to keep track their expenses, accounts, daily operation e.g. Point of Sales (namely QPOS) system and etc.
Visit TreezSoft at http://www.treezsoft.com/ to sign up for a 30 days trial account with us!
You can also email us at [email protected] for more enquiries.