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Accounting v27 and Premier v22
What’s new? Quick Links SST Registration Details SST tax types and sub codes Tariff codes Invoice layouts New form fields New form templates SST02 Report Other enhancements SST registration details New fields have been added to the Company Information window that allow you to record your SST registration detail as below (if applicable): Sales Tax…
ABSS Accounting & ABSS Premier v30
ABSS has released v30 of both ABSS Accounting and ABSS Premier to ensure compliance with the increase of Service Tax rate from 6% to 8% from 1st March 2024. For more details on the increase, see Service Tax 2024. The new releases include the following service tax codes: D08 Service tax 8% on own use…
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…
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…
ABSS Payroll v9.1
4 statutory compliance updates: EIS Autopay Text File As required by PERKESO statutory regulation, employer must report their Employment Insurance Scheme (SIP) collections no later than the 15th of the following month for every payroll processing period. Employer can perform the monthly submission by uploading the text file which contains the total contributions in the…
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…