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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 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…
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 Payroll v11
Released January 2020 Personal Income Tax Rate Update Tax calculations have been updated to comply with the new changes as announced in Malaysian Budget 2020. A new chargeable income band now introduced for resident individual with income exceeding RM 2 million. The fixed income tax rate for non-resident individuals is increased from 28% to 30%…
ABSS Payroll v12
Released January 2021 Compliance updates Personal income tax rate update Tax calculations have been updated in line with the budget that was tabled. These rates come into effect from 1st January 2021. The tax rate for resident individuals with chargeable income in the band of RM50,001 to RM70,000is reduced to 13%. See below for the…
Accounting v28.3 and Premier v23.3
Released June 2020 In this release, ABSS have made compliance updates to Sales & Service Tax (SST) reports as well as introduced enhancements. Compliance updates SST02 include overdue Service Tax New checkbox “Include Overdue Invoices Since 1-Sep-2018” added to allow user capture past overdue invoices from SST effective date (1st Sept 2018) onward. User is…