Wednesday, 27 August 2014

Malaysia GST - First Thing First!

WHAT IS YOUR FIRST STEP TO TAKE ON GST?

#GST1

If you are wondering what to do regarding GST, perhaps your very first step is to register with the Custom to obtain your GST Number.

Step 1:

REGISTER FOR GST


Source: RMCD - GST Website (Click on the link for further guidance)

Step 2: Upgrade your accounting system to comply with GST Requirements. I will share in my next blog a general guide on what needs to be done when you try to upgrade your system based on my ERP implementation experiences.

Step 3: Cutover Preparation (Pre-Go Live)

Step 4: Go Live 1/4/2015 and submit your first GST03 to the Custom

Hope it will help in your implementation and a have a smooth transition on 1 April 2015.

Contact me:
Kon Wai Cheong
SAP Senior Project Manager
sap.wckon@gmail.com


For a FREE TRIAL ACCESS to SAP Business One Cloud

CUKAI BARANG DAN PERKHIDMATAN (lebih dikenali sebagai GST)




No comments:

Post a Comment

Malaysia GST - New Requirement - Mandatory POS System to Issue Tax Invoice with effective from 1 October 2015

#GST25  New Requirement - POS System to Issue Tax Invoice  If you are running any of the businesses below, you need to be aware that start...