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Accounting v28.1 and Premier v23.1
Released September 2019 In this release, ABSS have extended tariff code selection into all types of Sales layout.Also included are SST compliance updates and some minor enhancements. New SST tax types New SST tax types, as shown in the table below have been added for use in line with Royal Malaysia Customs Department (RMCD) requirements…
HRDF Levy
In March 2021, the existing HRDF levy was extended to cover all industries, with employees of 10 or more. Business that fall into this category are required to register and make contributions towards the HRD fund. The rate of levy depends on the number of Malaysian employees as follows: Number of employees Registration Rate of…
LHDN Payroll Audit
From January 2019, LHDN began requesting selected employers to provide payroll details for audit. Employers who received notification were required to provide: Employee Master File Payroll Register, and, Payroll Chart of Account. With the release of ABSS Payroll v11 in January 2020, you can now generate the LHDN Audit file when required. To access this…
ABSS Accounting v29.1 and ABSS Premier v24.1
The latest versions of ABSS Accounting and ABSS Premier, released on 6th September 2022, come with compliance updates, new features as well as enhancements. New feature Transaction Journal Vouchers Some accounting transactions are required to be approved. In these newly released versions, you can print out transaction vouchers for approval. These transactions include: You can…
ABSS Payroll v13
Released August 2021 HRDF Compliance In March 2021, HRDF coverage was expanded to cover all industries with 10 or more Malaysian employees. Read more about this here Payroll v13 has been updated to comply with these requirements. Setup HRDF Contribution In the Command Centre, click on HRDF Contribution. Alternatively, click on Command Centre, Setup, then…
ABSS is Windows 11 compatible
Windows 11 is a major release of the Windows NT operating system developed by Microsoft that was announced on June 24, 2021, and is the successor to Windows 10, which was released in 2015. From October 2021, Microsoft began releasing Windows 11 as a free upgrade for Windows 10 users. However, older computers may not…
