AutoCount Payroll 2.9

By admin | January 11, 2018

Introduction 1. Update PCB 2018 – Individual income tax rate is decreased by 2 percentage points for 3 chargeable income bands. 2. New Employment Insurance System (EIS) – Include EIS contribution into payroll process – All default pay slip and related reports are enhanced to support EIS For further details,…

Employment Insurance System (EIS) in AutoCount Payroll

By admin | January 11, 2018

EIS will start to implement from 1st January 2018. Employer are required to manage and submit EIS contributions to SOCSO. Both employers and employees are required to contribution 0.2% of their monthly wages. The table of contribution rate can be refer here. For more other information related to latest EIS…

AutoCount Accounting Version 1.8.28

By admin | December 13, 2017

Introduction This version of AutoCount Accounting is a maintenance release for version 1.8. Bugs Fixed and Minor Enhancement Among the newer bugs fixed and minor enhancement introduced in AutoCount Accounting version 1.8 are: (From oldest to latest) Fix Bug: Fix an issue where a user without the View Cost Access…

Claim GST input tax from hypermarket

By admin | June 16, 2017

GST registered person can claim Input tax from purchase from hypermarket such as Aeon Jusco, Tesco, 99 Speedmart etc. Purchased must have been acquired in the course or furtherance of the business, means for business purposes. Most of these retailers will issue simplified tax invoice, which does not have the…

Use DO number in Invoice

By admin | June 8, 2017

By default, AutoCount used different running number for Delivery Order (DO) and Invoice. Some user may want to use the same DO number when transferred to Invoice. To do this you need to click Tools ==> Options ==> Invoicing ==> Transfer D/O No. to Invoice No.   After you checked this option, your next transfer…

Tourism Tax Bill 2017

By admin | June 6, 2017

Introduction A new The Tourism Tax Bill 2017 passed by Parliament on April 2017. The bill will impose a tourism tax on a tourist staying at any accommodation premises made available by an operator, rates are per-room and per-night basis. The start date for the imposition of tourism tax will be…

AutoCount Accounting Version 1.8.27

By admin | March 16, 2017

Introduction This AutoCount Accounting version 1.8.27 is a maintenance release for version 1.8. Some of the improvements implemented in this version are: GST Enhancement Improvements Introduced GST Enhancement With the release of the revised version of the Guide on Accounting Software Enhancement towards GST Compliance (Revised as of 02 March…

Manage Fiscal Year

By admin | March 5, 2017

To manage business fiscal year, you go to Tools ==> Manage FIscal Year. Here you see all fiscal year under your account book. Most of you might misunderstand the current year check mark. The example above shows the account book’s current year was 2014. All transaction include opening balance fall…

GST Adjustment

By admin | February 10, 2017

Most of us will notice that some GST bills amount were different during entry in AutoCount. A GST adjustment is required when there is a different in GST amount. This could happen because software used different GST rounding method. Take for example, you buy 3 pieces t-shirt each at RM20…

AutoCount Gift Rule

By admin | January 24, 2017

You can easily manage your Malaysia GST Gift Rule with AutoCount software. This available for all edition of AutoCount software. The AutoCount Gift Rule allows user to keep record of the amount of gift given out to someone. The system will generate Journal Entry if the accumulated gift amount exceed…