Here is a checklist of task to complete before 1st April 2015, the start of GST implementation for Malaysia. Add a tick to the check box as each task is completed.
List of tasks to do before 1st April 2015
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Checklist: Tasks to complete to prepare for GST |
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| 1 |
Back Up Existing Company File and Rename as GST Trial Run |
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| 2 |
Create new account code list |
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| 3 |
Export and Import GST Tax Code |
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| 4 |
Link Account Set up For Tax Codes |
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| 5 |
Link Account For Bad Debts |
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| 6 |
Set up Company Information for GST |
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| 7 |
Set up Card File with GST information – Customer and Supplier |
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| 8 |
Set Up Inventory with GST information |
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| 9 |
Enter Sample Transactions for Sales and Purchases |
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| 10 |
View Bad Debt Relief |
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| 11 |
View / print new format forms based on government requirement |
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| 12 |
If your transaction involved multi currency, enter data with different currencies. |
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| 13 |
View / print multi currency - new format forms based on government requirements. |
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| 14 |
View GST 3 summary & GST 3 detail report |
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