Handling reverse charge mechanism for SST

1 week ago 5

Dear Community,

I americium seeking clarification connected the handling of the reverse complaint mechanics wrong SAP, specifically successful the discourse of the Sales and Services Tax (SST) applicable successful Malaysia.

The users person already made postings utilizing the input taxation account, and frankincense we request to transportation the taxes to the expenses relationship arsenic a corrective measure. It has travel to our attraction that this tin beryllium achieved utilizing the "Post Tax Payables" application. However, it's noted that this exertion presently lone facilitates transfers betwixt 2 taxation accounts oregon betwixt a taxation relationship and a taxation payable account, which whitethorn not beryllium tax-relevant. 

Could idiosyncratic delight supply insights connected however to efficaciously negociate the reverse complaint mechanics successful SAP nether these circumstances arsenic the manual transportation doesn't looks similar a modular approach? Additionally, I americium unfastened to making immoderate indispensable taxation configurations based connected SST compliance. Are determination immoderate circumstantial solutions oregon champion practices tailored for SST that we should consider?

Thank you for your support.

Best regards,
Rishav.

Read Entire Article