GST Implementation For Software Developers - ACCELERATE YOUR DEVELOPER’S READINESS IN IMPLEMENTING GST

ACCELERATE YOUR DEVELOPER’S READINESS IN IMPLEMENTING GST

If you have Financial Information Systems that were custom developed internally, your organization needs to ensure your systems are GST compliant.

This will not be cheap, easy or fast. If you have in-house systems affected by the GST, then work on them should start immediately.

The Goods and Services Tax (GST) Implementation for Software Developers training program is specifically developed with detailed focus on the technical know-how and practical implementation for GST compliance customized for in-house, custom designed and internally developed information systems.

COURSE OBJECTIVES

This course equips software developers with knowledge and skills to implement GST modules in the internally developed information systems. Participants will be exposed to the technical know-how and practical implementation of GST in their internal systems.

WHAT YOU WILL LEARN Participants who successfully complete this module will be able to:

§ Understand the various complications related with GST and its impact on the existing accounting software

§ They will be able to define the prerequisite system setup(s) for GST purposes

§ Understand the various Tax Code and its impact with existing accounting transactions

§ Able to develop GST feature in the existing accounting software

WHO SHOULD ATTEND

This training program is custom designed for IT Professionals and Software Developers who are involved in the GST compliance implementation of internal financial systems. Organizations who maintain their own software development teams for custom built internally developed systems or IT Vendors who are maintaining systems for their clients can choose to send their staff for this highly technical 2 days intensive and informative training session. PROGRAM DURATION

§ 2 Days

§ 9.30 am to 5.30 pm

§ Lunch & Coffee/Tea provided

REGISTRATION AND FEES

§ Training Fees: RM 3,800.00 per pax

§ Early Bird Fees: RM 3,650.00 per pax

§ Group of 3 or more: RM 3,500.00 per pax

APPROACHES AND METHODOLOGY

In order to achieve the above learning outcomes the following approach and methodologies will be used.

§ Highly Interactive Training Session

§ Live Implementation and Testing

§ Hands on guidance

COURSE STRUCTURE

INTRODUCTION TO GST

ACCOUNTING SOFTWARE FOR GST

COMPANY PROFILE SECTION

SUPPLIER SECTION

CUSTOMER SECTION

PRODUCT SECTION

TAX CODE SETUP SECTION

ACCOUNTING SECTION

GENERAL LEDGER SECTION

UNDERSTANDING SUPPLY IN GST TERMS

TAX INVOICE (SALES/PURCHASE)

CREDIT NOTE / DEBIT NOTE

BAD DEBT

ACCOUNTING TREATMENT FOR GST

MIXED SUPPLY

GST IMPACT ON FINANCIAL REPORTING

CUSTOMS REQUIREMENT ON GST TAX SUBMISSION

OFFENCES AND PENALTY

TRAINER PROFILE 

Khairi Bin Abu Bakar 

Chief Executive Officer 

OMNI2U Sdn Bhd 

Mr. Khairi has over 19 years experience in the software, training and education industry holding various positions ranging from Developer, Programmer, Project Manager, Educator, Trainer, Project Leader and finally venturing on his own business. 

Mr. Khairi earned a Master's in Information Management from MARA University of Technology and a Computer Science Degree from University Malaya. 

His technical expertise includes Java – JSP, J2EE, Hibernate, Enterprise Portal Framework (JSR168), Spring Framework, Visual Basic 3-6, ASP, VB.Net, C#.Net, ASP.NET, Active-X, C, C++, MS Visual C++, PHP, Javascript, VBScript, DHTML, Lotus Notes Scripting, Pascal, XML, Oracle PL/SQL, SQL Server TSQL, Oracle 7.3, 8i, 9i, 10G, Enterprise Manager, Microsoft Access, MS SQL Server 7 – 2005, SyBase, MySQL, DB2, ODBC, JDBC amongst many others. 

Over the years, Khairi has successfully developed, managed and implemented many projects both with the Government as well as private. Some of the projects that he has worked with are such as Integrated Computerized Education Management System (ICEMS) MMU, Enterprise Portal Kementerian Kerja Raya, UniKL Education Management System, Internet Forecasting System Telekom R&D, Project Monitoring System Jabatan Perdana Menteri, ForensikNet HUKM, Police Dept, Tax Management System KPMG, Material Requisition System Matsushita, Online Production Monitoring Fujitsu, End User Computing Toshiba, Onboard Management System Malaysian Shipping Corporation and many more. 

Mr.Khairy also has substantial experience and expertise in the Education Domain where he spent over 10 years in various Universities developing software. He is also an IT trainer having conducted many trainings especially in areas of ASP.NET, PHP, JAVA,, Sql Server, MySQL and others. 

Mr.Khairy played a key role in the development of the Omni2U Accounting software which was awarded Advanced Level recognition by the Malaysian Royal Customs Department for GST compliance. 

TRAINER PROFILE 

Thayanithy Jegan 

Chief Technology Officer 

OMNI2U Sdn Bhd 

Mr. Thayanithy Jegan has over 16 years experience in the IT industry, holding responsibilities ranging from Developer, Lead Programmer to a CTO in various Software Development firms. 

He holds a M. Sc. Computer Science (Majoring in e-Learning) awarded by the Faculty of Information Technology, Multimedia University, Malaysia. He also holds a B. Sc. Computer Science (Majoring in Software engineering) Department of Computer Science, Madurai Kamaraj University, India. 

His technical expertise includes coding using Sun Java, through knowledge on Java technologies such as Java Servlet, JSP, JDBC, Hibernate, Struts, XML, Ajax hands on experience in using Oracle JDeveloper 10G, Oracle Database 10G, Oracle 9iAS, Eclipse, Tomcat and sound foundation in object oriented design (OOD) methodologies using UML diagrams and sequence diagrams. He also has hands on experience in various open source framework such as Hibernate, Jasper, iReport, Jitterbit, ActiveMQ, Axis2 & Spring. 

As CTO, Mr.Jegan leads a software development team to develop solutions that support over 17 industries. His primary duty is to lead a team of 15 members towards the development of application for various industries. 

He has successfully managed, completed and implemented numerous projects with the Government and government agencies as well as private companies. Some of the projects which were lead by Mr.Jegan includes clients such as Suruhanjaya Syarikat Malaysia (SSM), MYCOID, Kementerian Kerja Raya, Enterprise Information Portal, Ministry of Education (MOE), Rancangan Pendidikan Individu, Universiti Malaya, iHRIS (Human Resource Information System), Perfisio Solutions, Learning Content Management System, Kementerian Perdagangan Antarabangsa dan Industri, AP Payment and Receipt amongst others. 

Mr.Jegan also has substantial experience and expertise in the Education Domain where he spent over 10 years in various Universities developing software. He is also a Consultant for MIMOS Berhad, a Research and Development organisation that functions as an advisor to the Malaysian Government on technologies, policies and strategies relating to IT. 

Mr.Jegan played a key role in the development of the Omni2U Accounting software which was awarded Advanced Level recognition by the Malaysian Royal Customs Department for GST compliance. 

PRACTICAL COMPUTERIZED GST MANAGEMENT AND ACCOUNTING WORKSHOP HANDS-ON GST SIMULATION COURSE - 26th & 27th Nov 2014

Axsel Management International Sdn Bhd 

(PSMB Registered Class A Training Provider - SBL Claimable)

presents  

PRACTICAL COMPUTERIZED GST MANAGEMENT AND ACCOUNTING WORKSHOP

HANDS-ON GST SIMULATION COURSE

Date: 26 th  & 27 th  Nov, 2014

Time 9am - 5.30pm,  Venue: Armada Hotel, Petaling Jaya.

Facilitator: Santhanasamy Subbiah, 

Certified GST Tax Agent of Ministry of Finance, Malaysia

 

SBL / HRDF Claimable  

Certificate of attendance awarded for those who complete the course 

For our other GST courses/workshops, please click  www.axsel.com.my

INTRODUCTION:

 

It is important for you to understand that the GST is not just a taxation subject but a practical accounting driven process that is transaction focused. With that in mind, we have developed this practical hands-on simulation (Omni2uAccount, RMC Certified GST Software) workshop to give you an actual experience of a live GST business environment.

The mechanism of GST may look simple on paper but its impact on businesses can be significant. If companies do not manage GST implementation effectively and efficiently it will not only erode profit margins but also incur severe penalties for non-compliance. 

COURSE OBJECTIVES:

 

At the end of the programme, participants are able to:-

Understand the new 24 GST tax codes mapping for accounting

Prepare a GST- 03 Tax Return Form

Submit the GAF (GST Audit File) for electronic audit

Prepare an organisation towards compliance with Malaysian GST implementation

Evaluate the compliance level of an organisation’s existing computerized accounting system for GST

Identify and record documents that are eligible for Input Tax Claim

Prepare invoices and other supply documents that carry relevant GST tax codes

Understand and perform hands-on exercises for special case GST accounting scenarios such as Foreign Currency Gain & Loss, Imported Goods via an Agent, Imported services, GST Adjustments for taxable trade deposits received and bad debts relief and recovery under the 6-months rule, Capital Goods Adjustment for mixed supplier not qualified under the De Minimis rules

Hands-on calculation of IRR (Input Tax Recoverable Ratio) for TX-RE residue input tax under the apportionment rules for mixed suppliers. 

 

WHO SHOULD ATTEND

 

CFO, Accountants and Key Finance Personnel Managers, Executives, Officers, of Accounts, Finance, Administration, IT & Human Resource Department

 

COURSE OUTLINE

How does GST work?

 

GST scope

Supply

Business

Taxable person

In Malaysia

 

Input Tax

 

What is input tax?
Mechanism to claim input tax
Allowable input tax
Criteria for claiming input tax
Non allowable input tax (Blocked input tax)
Apportionment of input tax
De Minimis Limit
Refund of input tax
Repayment of input tax
Input tax claim on specific cases

 

Accounting for GST, Adjustment and Partial Exemption

 

Adjustment to input tax and output tax

Partial Exemption

De Minimis Rule

Longer period adjustment / Annual Adjustment

Capital Goods Adjustment

 

GST Return

 

Tax invoice

Tax invoice for Importation of Goods and Services

Production of Invoice by Computer

Invoice for Flat rate Scheme (FRS)

Invoice for Group companies

Credit Note and Debit Note

 

Record keeping

 

Sec 36 – Duty to keep record

By who and why?

Record keeping by non taxable person

Failure to keep records

Method of preserving records

Record on GST Summary Sheet

Regarding Bad Debts Relief Claim

What is Accounting basis for GST?

What is taxable Period?

 

Manner of Return Submission

 

Deemed GST Return Furnish

Tax Declaration

When Submit Return and Payment of Tax

 

Setting up GST Master Data

 

General Ledger

Tax Module

Accounts Payables

Accounts Receivables

 

GST transaction posting

 

Entering transactions affected by GST

Assigning Tax Codes

 

Extracting reports for GST 

 

Accounting

Tax

Internal and External Audit

 

Generating the GST Audit File

 

Data Mining using Microsoft Excel

Data Required for GST Filing (GST-03)

 

METHODOLOGY

 

Participant will attend two days of lectures and interaction with the facilitator.

 

FACILITATOR – COURSE LEADER

 

Santhanasamy Subbiah  has more than 30 years of experience in corporate world on accounting and finance practices. His experiences in various industries include that of Banking, Manufacturing, Education, Insurance, Security, Plantation, Shipping, Shared Services and Freight Forwarding. He was also with the Ministry of Works engaged in special projects funded by the World Bank.

 

Besides being in the corporate world he has lectured MBA programs for the following Universities:- Open University Malaysia, University of New Castle Australia, Herriot Watt University UK, Asia Pacific International University and  was a Dean for the School of Accounting and Finance with a local University.

 

As a self-starter with his vast experience in numerous industries he is today a trainer and a principal consultant on GST for numerous of companies.  He is no novice to GST. He has worked closely with Price WaterHouse Coopers on matters pertaining to GST since 2005 and contributed valuable inputs during the meeting with Ministry of Finance on matters pertaining to the implementation of GST in Malaysia.

 

His specializes on the Understanding, Implementation and Hands-On training programs on Goods and Services Tax for numerous industries such as manufacturing, oil and gas, construction, logistic, retail, airlines, IPTA and many others. He is a GST trainer of Malaysian Institute of Accountants, Malaysian Institute of Insurance and Malaysia Institute of Corporate Governance.  

 

Santhanasamy holds an MBA majoring in Finance from University Putra Malaysia. He is a member of the Chartered Accountant of Malaysia, Chartered Management Accountant of UK, and an Associate Member of the Malaysian Institute of Management. He is a Certified Trainer of HRDF. He is a certified GST Tax Agent of Ministry of Finance

 

Course Fees & Registration

You can register by completing the enclosed form and faxing it to  03-7781 3333

RM 1,800.00  per person - SBL Claimable (include morning & afternoon tea break, lunch, notes and certificate of attendance) 

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Thanks & Regards, 

Atif (Contact Person) Sales & Marketing Executive +6013-731 3913  +603-778 33333  Email     :  atif@axsel.com.my Website :   www.axsel.com.my

 

 

 

 

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