A new tax system has announced by the government of Malaysia in which existing sales and service tax has replaced with the goods and services tax (GST). This new system was implemented in April 2015 in order to improve the current taxation system. GST is more efficient and friendly system towards businesses. It is successful in eliminating all SST weaknesses.
Use of GST accounting software Malaysia help in monitoring GST records and generation of reports for audit and for other business decisions.
GST transactions are similar to all business transactions. We have made the accounting simple keeping in mind the features of the Malaysian GST system.
The use of GST accounting software has decreased the work of an accountant and has improved the efficiency of an accounting system.