Malaysia GST (Goods and Services Tax)
If you are a GST registered company in Malaysia, you need to set the localisation as “Malaysia [G.S.T.]”.
Once the “Localisation” has changed to “Malaysia [G.S.T.]”, MoneyWorks will create a set of Malaysia GST code with the current GST rate.
Besides, under the “Reports” menu, both the "GST-03 Guide (Malaysia)" and "GST Audit File (Malaysia)" will be created for assisting in the filing of GST return.
You may contact us for a demo over the web to have a better understanding of how MoneyWorks can help you in the account and improve your business process.