Here we provide you the guides, manuals and videos to help you to manage your SST (Updated 29 Aug 2018).
Step by step preparation for SST
(with effective from 1 Sept 2018 onwards)
1. Check with RMCD on your SST status/registration status.
2. Setup Tax Codes – Create the necessary new tax codes which applicable to your business with the description and tax type, which linked to Sales Tax Payable account as show in below:
2. Setup Tax Codes – Create the necessary new tax codes which applicable to your business with the description and tax type, which linked to Sales Tax Payable account as show in below:
S05 – Sales Tax 5%
S10 – Sales Tax 10%
S06 – Service Tax 6%
SEP – Sales Tax 0% (for Export sales)
SXM – Sales Tax 0% (for Local Sales exempted under Schedule A, B, C)
SXP – Sales Tax 0% (for Local Purchase exempted under Schedule C)
S10 – Sales Tax 10%
S06 – Service Tax 6%
SEP – Sales Tax 0% (for Export sales)
SXM – Sales Tax 0% (for Local Sales exempted under Schedule A, B, C)
SXP – Sales Tax 0% (for Local Purchase exempted under Schedule C)
Note: Above suggestion of tax codes is for transition usage before you upgrade the software, you can create more tax codes to captured detail breakdown of exempted sales and purchase related to Schedule C.
Further detail,please download this file pdf DOWNLOAD
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