How to configure SST Service Tax?

Created by QNE Software Sdn bhd, Modified on Wed, 25 Jun at 5:03 PM by QNE Software Sdn bhd

Overview:

The Service Tax under Malaysia’s Sales and Service Tax (SST) system is a tax imposed on certain prescribed services provided by businesses in Malaysia

Scenario:

The customer is planning to implement SST in QCA. What are the steps to set it up?

Solution:

1. Configure the SST Setting

More details can refer this this KB
How to Use SST Settings in QNE AI Cloud Accounting

2. Set the most frequent use service tax code as default tax code

SVT-6% SVT-8%	Mostly for Cash Sales purpose once apply this tax code will pay tax Transaction display in SST 02 Report immediately
SVTD-6% SVTD-8%	Service Tax Payment Basis Apply this tax code only in Sales transaction will not post to SST 02 Report Once received Payment and knockoff, transaction display in SST 02 report for tax purpose Refer this KB link for more details SST Service Tax Payment Basis (SVTD)

Let say SVT-8% is the most frequent use Tax Code, edit it. Set it as Default – Save

3. Every time when you create a transaction, once select the item system display tax code as SVT-8% automatically.

You can change to other tax code if you want

Kindly refer attachment for PDF file

Attachments (1)

pdf

How to Confi....pdf
313 KB