Release Note 184.108.40.206
This version of AutoCount Accounting will upgrade your database version from 220.127.116.11 to 18.104.22.168. Bugs fixed:
- 1. Fix show incorrect tax code in GST processor MSIC code drill down form.
- 2. Modify prompt accounting basis checking error message wording.
- 3. Fix unable to save past AP Payment document post imported service journal entry.
- 4. Fix unable to get default tax type when transfer from document with GST date to document with SST dat
- 1. Add new tax code for SST Malay
- 2. Enhance sales exemption for all sales and purchase docum
- 3. Add tariff code in item maintenan
- 4. Allow tax code with tax amount add to purchase stock cost function.
- 5. Add bar code column for price history instant info.
- 6. Remove prompt unknown tax registered debtor messag
- 7. Upgrade NewtonsoJson to version 11.0.2.
This document aimed to explain or guide the reader to understand more on the enhancement added in this version so that implementation of these features can be carried out smoothly.
To summarized, there are a few things that can be highlighted here which you need to be aware of:
– Updates in Configure Malaysia SST Wizard
– New SST Tax Codes
– New Option “Add to Cost”
– Exemption features
– Change of tax code logic
– Tariff code features
Updates in Configure Malaysia SST Wizard
In this update of AutoCount Accounting, AutoCount had enhanced or updates “Configure Malaysia
SST” wizard’s questions to provide better suggestion or proposed tax codes.
Q: Are you subject to Sales Tax? (Do you have to collect sales tax from your clients)
A: Tick “YES” if you are charging sales tax to your customer (Usually manufacturer), else tick “NO”.
Q: Are Sales Tax Rate is 10%?
A: Tick “YES” if any of your selling item is chargeable at 10% sales tax, else “NO”.
Q: Are Sales Tax Rate is 5%?
A: Tick “YES” if any of your selling item is chargeable at 5% sales tax, else “NO”.
Q: Sales Tax Registration No
A: Key in your company Sales Tax Registration Number here. This will be updated into your company profile.
Q: Are you subject to Service Tax? (Do you have to collect service tax from your clients?)
A: Tick “YES” if you are charging service tax 6% to your customer, else tick “NO”.
Q: Service Tax Registration No
A: Key in your company Service Tax Registration Number here. This will be updated into your company profile.
Q: Is your business purchases been charged by Sales Tax / Service Tax?
A: Tick “YES” if your company purchases are from SST registered company which charge you SST, else tick “NO”.
*This question is for all companies regardless if they are SST registered. If you are not SST registered but you have some suppliers / vendors that are SST registered which charge you SST, you may answer “YES”.
Q: Do you wish to generate proposed SST Account?
A: Tick “YES” if you wish the system to generate SST related GL Accounts so that you do not have to create them manually. Only tick “NO” if you want to create them manually.
*Highly recommended “YES” for this question.
By answering all these questions, the system able to activate tax codes which you probably use, and you do not have to manage them 1 by 1.
Figure 4 shows the SST related GL accounts to be created.
Figure 5 shows the input tax enabled.
Figure 6 shows the output tax enabled.
Figure 7 shows the SST option which user can configure.
New SST Tax Codes
|S-10||S-10||Sales Tax 10%||10||S||8,11b
|S-5||S-5||Sales Tax 5%||5||S||8,11a
|SV-6||SV-6||Service Tax 6%||6||S||10,11c
|SU-10||SU-10||Sales Tax 10% for Own Used or Disposed||10||S||9,11b
|SU-5||SU-5||Sales Tax 5% for Own Used or Disposed||5||S||9,11a
|SVU-6||SVU-6||Service Tax 6% for Own Used or Disposed||6||S||9,11c
|EEM||EEM||Sales to Export Market||0||S||18a|
|ESP||ESP||Sales to Special Area||0||S||18a|
|EDA||EDA||Sales to Designated Area||0||S||18a|
|ESA||ESA||Exemption Schedule A||0||S||18b1|
|ESB||ESB||Exemption Schedule B||0||S||18b2|
|ESC-A||ESC-A||Exemption Schedule C Item 1 & 2||0||S||18b3(i)|
|ESC-B||ESC-B||Exemption Schedule C Item 3 & 4||0||S||18b3(ii)|
|ESC-C||ESC-C||Exemption Schedule C Item 5||0||S||18b3(iii)|
|P-10||P-10||Purchase Tax 10%||10||P||–|
|P-5||P-5||Purchase Tax 5%||5||P||–|
|PS-6||PS-6||Purchase Service Tax 6%||6||P||–|
|EPC-A||EPC-A||Exemption Purchase of Schedule C Item 1
|EPC-B||EPC-B||Exemption Purchase of Schedule C Item 3
|EPC-C||EPC-C||Exemption Purchase of Schedule C Item 5||0||P||21|
Table 1 shows the list of tax codes implemented at AutoCount Accounting 22.214.171.124.
Implementation Note: Currently the system only considers some of the general cases of an SST companies. If your company had some of the below listed items, you may want to take an extra step to configure some of the tax codes which is not done by the system.
|No. Scenario(s) Type Related Tax Codes|
|1.||Purchase Exemption under Schedule C||Input Tax||EPC-A, EPC-B, EPC-C|
|2.||Export Sales||Output Tax||EEM|
|3.||Special Area Sales||Output Tax||ESP|
|4.||Designated Area Sales||Output Tax||EDA|
|5.||Exemption under Schedule A||Output Tax||ESA|
|6.||Exemption under Schedule B||Output Tax||ESB|
|7.||Sales Exemption under Schedule C||Output Tax||ESC-A, ESC-B, ESC-C|
|8.||Own use or disposal||Output Tax||SU-10, SU-5, SVU-6|
Table 2 shows some other scenarios where it is not setup by the system.
This is the area where you can set your SST configuration.
|SST Start Date||This is to set your SST start date, the day or month where you start to charge your customer SST.|
|SST Taxable Period (months)||SST submission period. This is to set in system what is your
submission period for SST-02 form. Default will be 2 months. For companies where their fiscal year end at odd months (1,3,5,7,9,11) and if you are required to submit only 1 month at 1st taxable period, you may set to this to 1 month, then after that change back to 2 months for normal 2 months submission.
|Use Default SST Code||To use default SST Code or not|
|Default SST Code||Default SST Code, this is where you can set generally which tax code
to be capture into your transactions (Output Tax)
Table 3 shows the list of configuration settings available at SST Option.
Implementation Note: To make things easy to understand, it is recommended to untick “Use Default
SST Code” so that you can apply the original logic flow of the tax code.
New Option “Add to Cost”
To help those customer that are not SST registered but have suppliers or vendors that charge them SST, they can use our purchase tax codes when keying in their purchases. The user then no need to recalculate their costing per quantity of item when keying in their purchases. There will be no worries on the costing issue as we had added an option to calculate these purchase tax figure into your item costing. You can find this option by editing any of the purchase tax code.
Figure 8 shows the “Add to Cost” checkbox option when editing a tax code.
In SST, there are chances that some of your customer are exempted from SST. Therefore, we had added some exemption features into our Debtor and Creditor. User can add different items with different tax exemption number for debtors and creditors.
Figure 9 shows the tax exemption from Debtor
Figure 10 shows the billing entry where system able to capture the exemption related info automatically.
Implementation Note: To help smoothen this maintenance process, we had added a new function to support import from Excel for tax exemption. You can find this in AutoCount Accounting Management Studio.
Figure 11 shows the interface for Import Tax Exemption.
Change of Tax Code Logic
In this version, there are some changes in the logic of our tax code flow.
3.Default tax code
4.Default tax code
Referring to the table above, there is a new logic added which is “Sales Exemption under Debtor / Creditor”. The system will detect if there is any maintenance set in the tax exemption for debtor / creditor, if there is then it will capture from the tax exemption table, else everything will be the same as before.
*To get this tax code logic, you will need to untick the “Use Default SST Code” at SST Option.
|Default Tax Code||S-10||SST-0|
|Debtor/Creditor : ABC SDN BHD||EEM||P-5|
Debtor/Creditor : ABC SDN BHD Item: 00001
Table 4 shows an example of how the tax code is being set in AutoCount Accounting.
|Debtor/Creditor Item Sales Purchase|
|ABC SDN BHD||00001||ESA||EPC-A|
|TNT SDN BHD||00001||SV-6||PS-6|
Table 5 shows the result of how AutoCount Accounting capture the tax codes when performing transactions.
Tariff Code Features
In conjunction with the implementation of SST, there is a new maintenance added into AutoCount Accounting – Tariff Maintenance. This maintenance allows user to maintain every single tariff code that they use in their company. You can find this under Tax Tariff Maintenance. The tariffs created will then be used to apply in Item Code Maintenance. This will be useful to generate the listing on SST-
02 form part B1: Sales / Service details.
Implementation Note: You can update all these items through import from excel – Stock Item.
Figure 11 shows the interface of Tariff Maintenance.
Figure 12 shows the item maintenance where you can apply the tariff code.