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Notice: MYOB has been re-branded as ABSS with effect from 1st Jan 2018.
ABSS Accounting

ABSS Accounting

ABSS Accounting is a fully integrated solution complete with inventory module, suited for small businesses that are owner operated.

ABSS Accounting v27 features SST compliance updates

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ABSS Premier

ABSS Premier

Single & multi-user versions with multi-currency, multi-location warehousing and enhanced inventory control features.

ABSS Premier v22 features SST compliance updates

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ABSS AccountEdge

ABSS AccountEdge

New version released!

AccountEdge Pro and Network Edition v13 are compatible with Mac OS X 10.9 (Mavericks) operating system

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ABSS Payroll

ABSS Payroll

Integrated Malaysian payroll and leave management solution gives you the power to process even the most complex of payrolls, in just minutes. ABSS Payroll generates all the reports you’ll need to keep management and tax requirements compliant, effortlessl

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Sales Tax and Service Tax 2018

With the passing of all 5 bills by Dewan Negara, it is now confirmed that GST has been abolished and SST will be re-introduced.

 • The last date for GST is 31st August 2018.

 • SST will be implemented from 1st September 2018.

Is your business subject to SST?

The threshold for registration is RM500,000.00 turnover.

Automatic registration

Those that are already GST registered and are liable for registration will be automatically registered for SST. In such cases, Customs will notify the business by letter. If you have not received any notification, chances are you are not required to register for SST. However, it is always best to verify this with Customs.

 

New registrations

For both Sales tax and Service tax, the threshold for registration is RM500,000.00 over a 12 month period. Businesses are required to register within 30 days of reaching the threshold.

Businesses can register online through the Custom's mySST system.


 

Looking for an accounting solution?
You've come to the right place!

 


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