Recently, GST seems to be one of the hot topics which I ever heard from many people discussion. Be it GST (Goods and Services Tax) or VAT (Value Added Tax), they are the same. With this implemented, everybody is paying fair tax amount to government revenues instead of generated solely from corporate and personal income tax.
As a Malaysian, I’m sharing the same feeling how GST will impact us as a daily consumer. We know this is coming to us next year and it is way beyond our control to delay the implementation. But what I can provide here is to make this little software compliance to our royal custom GST compliance guide.
Sales Journal Entry before Split