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Tax settings:

2 Different taxes in Malaysia:

• Sales Tax
• Service Tax

Go to Settings -> Tax Rate setting.

1. Create a tax with name Sales Tax @10% and Tax Rate % as 10.
      (10% is for example only, use the tax rate applicable to the taxable goods.)
   
   
2. Create a tax with name Service Tax @8% and Tax Rate % as 8.
   (8% is for example only, use the tax rate applicable to the taxable services.)
   
   
3. If applicable, create a tax with name Sales Tax @5% and Tax Rate % as 5.
   (5% is applicable for certain categories of taxable goods.)
   
   
4. Below Tax rate, it shows “Tax groups (Combination of multiple taxes)”.
   Create on Add, enter the tax group name as Malaysia-Sales-Tax and select sub-tax Sales Tax @10%.
   
   
5. If applicable, create another tax group name as Malaysia-Sales-Tax-5% and select sub-tax Sales Tax @5%.
   
   
6. Below Tax rate, create another tax group name as Malaysia-Service-Tax and select sub-tax Service Tax @8%.

Displaying HSN Code for items (For some businesses)

1. Harmonized System of Nomenclature, HSN code depends on the category of a product.
2. Go to Settings -> Categories, click on “Add”. Add category name and category code. Category code is same as HSN code.
3. To display HSN code in invoice – Go to Settings -> Invoice Settings -> invoice layouts. Add/Edit invoice layout and click on ” Show category code or HSN code”. Save it. Assing that invoice layout to your business. 

Setting up invoice format for GST

Check the details guide on invoice format & designs

1. To display the summary of tax in the invoice – add the label for “Tax Summary Label”
2. To see inline tax try using the columised tax design or detailed design or Elegant or classic as per your need.