According to the announcement of Malaysia’s Finance Minister
in Budget 2014, the upcoming Goods and Services Tax (GST) will take effect from
1st April 2015 at the rate of 6%. Thus, Mr Victor adopts some
course of actions to ensure company in compliance with GST standards. I was
lucky enough that I have the valuable opportunity to engage in the GST
preparations.
Firstly, I list all the pros and cons between QnE accounting
software and MYOB software includes their functions and prices as Mr Victor
plans to upgrade the old version accounting software or buy a new one. He will
pick the most appropriate one which is suitable for the existing company’s
situation. Throughout the preparations, I realise that it is not an easy task.
I take a long time to summarise all the main point about MYOB software as I am
not familiar with it. Luckily in the end, I am able to report punctually to Mr
Victor before the dateline.
The scenario of the GST Seminar |
Besides, Rakuten
Malaysia Sdn Bhd held a GST seminar in their office. I was delegated as
representative to attend the whole day seminar. Fortunately, I have a basic
understanding about GST since I have completed a related assignment last
semester. To recall my memories from the past, I search the internet for information
and go through the assignment I did before I attend the talks.Throughout the
seminar, I have learnt something new. Firstly, it reinforces my idea and
knowledge about GST. I have a better picture on what GST is, how it functions
and how it affects business especially those doing online businesses. Secondly,
I am able to meet up with different experts from different companies. In real
business world, no one knows who you are until you introduce yourself;
therefore we must treat ourselves as a real employee to show up the
professional way in front of others.
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