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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…
ABSS financial analysis report
With the release of ABSS Accounting v28.3 and ABSS Premier v23.3, ABSS included a financial analysis report. This report helps business owners understand how their business is performing and identify areas that would need improving. Before you can start using this report, you will need to set it up within your company file. Edit account…
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…
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 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…
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…