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If you are setting up SST at a later time (after your initial 6-steps business setup), you will find this article useful. It will guide you to activate the pre-configured Malaysian SST on Financio in just a few steps.
- Click on the Control Panel > Master Data > Taxes
- Taxes will be created in a new tab.
- Click on Add New button.
- Select SST from the dropdown list of the Type field.
- Select the Effective Date, when your business becomes tax registered and start collecting tax from your customers.
- Tax Filing Frequency is set default as Every 2 Months.
- Set your company Service Tax Basis:
- Cash Basis
- Accrual Basis
- Once completed, click Save.
Versi Bahasa Malaysia
Visit MySST for more information.