Accounting and Taxation

• How can I pass the transaction record and receipts to eSEC?

  For Plan 2 users, use the integrated app - Hubdoc to scan the receipts or bills. They will be converted into numbers and stored in Hubdoc cloud. We will access to the cloud to retrieve the data. Users for other plans may snap/scan and drop the files ...

• How to define one transaction?

  A transaction refers to a record of money that has moved in and out of your bank account (e.g. supplier invoice, salary or reimbursement)....

• Is bank charge considered as a bank transaction?

  No worries, bank charges and dividends will not be counted as a transaction....

• What if I cannot finish my monthly quota, says 80 receipts/month?

  If you are billed annually, the unused quota will rollover to the following months....

• What if I had used up my quota earlier, says 80 receipts/month?

  Scenario 1: If you are billed annually, there is no extra charge as long as your yearly receipts are less than 960 in total. If exceeds, just top up RM 49 for every 15 transactions plus 20 receipts.Scenario 2: If...

• What is Unaudited Financial Statements?

  Financial statements provide vital information about your business, e.g. income statement, balance sheet, trial balance, statement of equity, statement of cash flows at the end of the accounting period, etc. The unaudited financial statements are tha...

• What is CP204?

  An existing company is required to furnish estimation of tax payable (CP204/CP204A) not later than 30 days before the beginning of the basis period for a year of assessment. On the other hand, a company that has just commenced business has to furnish...

• What is Form C?

  Form C is the income declaration form of Company to be submitted to LHDN within seven (7) months from the date following the close of the accounting period....