Sales & Service Tax
Tax codes on every invoice and bill line; output and input tax post to their own accounts, and the tax report ties to the ledger.
- Sales tax5% / 10%
- Service tax6% / 8%
- Zero-rated · exempt0%
Double-entry accounting · Made for Malaysia
Every ringgit, traced from invoice to balance sheet.
Zycount is accounting software for Malaysian SMEs. Invoices, bills, bank lines and payroll post themselves to the ledger — balanced to the sen, locked by period, and one click away from the document that created them.
No credit cardMYR, SST & EPF built inExport your data any time
INV-2026-000206 → JV-2026-000206Sales invoice · customer A · 27 Aug 2026
AUTO-POSTED
| Account | Debit | Credit |
|---|---|---|
| 1150Accounts Receivable | 26,435.60 | |
| 4110Sales — Goods | 22,096.62 | |
| 4120Sales — Services | 3,013.18 | |
| 2150SST Output Tax | 1,325.80 | |
| Balanced | 26,435.60 | 26,435.60 |
Trial balance · 31 Aug 2026
1,945,237.53
Dr = Cr
January 2026
Closed
🔒 Locked — reopening is audited
Speaks Malaysian bookkeeping:
- MYR base currency
- SST — sales & service tax
- EPF · SOCSO · EIS
- PCB / MTD
- Malaysian chart of accounts
- MFRS-style statements
How a transaction posts
One invoice. Six places it shows up. All of them agree.
Traditional software records a sale and hopes the reports catch up. Zycount runs every document through an accounting engine, so each figure in a statement walks back to the invoice that made it. Click a step.
What's in the books
The whole business, filed like a chart of accounts.
Each module posts through the same engine and lands in the same ledger — no exports between systems, no reconciling your own software against itself.
CodeModuleWhat it doesStatus
Live modules run on real posted data in the workspace. Preview modules are designed and clickable on sample data, and go live phase by phase.
Financial statements
Statements that prove themselves.
The figures below are the demo company's actual books for January–August 2026, straight from the workspace. Assets equal liabilities plus equity. Debits equal credits. Every time.
Revenue vs expenses
Zycount Demo Trading Sdn Bhd · RM, monthly 2026
RevenueExpensesProfit
Revenue YTD
RM 1.36m
Gross margin
41.9%
Net profit YTD
RM 149,029
Cash & bank
RM 266,641
Built for Malaysian businesses
Tax and statutory rules as settings, not spreadsheets.
Rates live in versioned configuration with an effective date, so a budget change is an update — not a rewrite. Always confirm current rates with LHDN, KWSP, PERKESO and RMCD before you file.
EPF, SOCSO, EIS & PCB
A pay run calculates employee and employer contributions, withholds PCB, and posts one balanced payroll journal.
- Salaries & wagesDr 6110
- EPF / SOCSO / EIS payableCr 2160–2170
- PCB payableCr 2175
Ringgit first, foreign-currency ready
MYR as the base currency, with foreign-currency invoices, exchange rates and period-end revaluation of realised and unrealised FX.
- Base currencyMYR
- AlsoUSD SGD EUR GBP JPY
- FX gain / lossAuto-posted
Controls
The controls your auditor asks about — already switched on.
Books you can trust are books that can't be quietly changed. These rules are enforced by the engine, not left to good habits.
✓
Balanced or blockedA journal posts only when Σ debit = Σ credit, to the sen.
✓
Reverse, never deletePosted entries are immutable. Corrections are reversals that net to zero.
✓
Period lockingClosed months can't be posted to; reopening needs authority and is logged.
✓
Role-based accessTen roles, from SuperAdmin to Auditor and Read-only, enforced on every action.
✓
Audit trailWho did what and when — on every post, reversal, close and sign-in.
✓
Gap-free numberingINV-2026-000001, JV-2026-000001 — per company, per year, no holes.
Month-end close · January 2026100%
- Bank reconciliation✓ done
- Receivables reconciled to AR✓ done
- Payables reconciled to AP✓ done
- Depreciation run✓ posted
- Accruals & prepayments✓ posted
- SST reconciliation✓ done
🔒 Period closed by Nurul Hidayah, Finance Manager — further posting to January is blocked.
Questions
Asked by accountants, answered plainly.
Is Zycount real double-entry accounting?
Yes. Every transaction is a journal with at least two lines that must balance before it posts. Invoices, bills, receipts, payroll and depreciation all generate their journals automatically, and you can see each one before and after it posts.
Can I fix a mistake in a posted entry?
You reverse it. Zycount posts an equal-and-opposite entry linked to the original, then you post the correct one. The ledger keeps the full story, which is exactly what an auditor wants to see.
How does it handle SST and payroll deductions?
Tax codes carry the rate and post output and input tax to separate accounts. Payroll computes EPF, SOCSO, EIS and PCB from versioned rate tables. Both are configuration, so you can update rates when they change — and you should verify them against the authorities before filing.
Can I move my existing books in?
Yes. Import your chart of accounts, customers, suppliers, products and opening balances from Excel or CSV, with validation and a preview before anything is written.
Can I try it right now?
The demo workspace is open: sign in with admin@zycount.test and Zycount!Demo2026, or create your own account. Try the accountant and then the auditor login — what you can do changes with the role.
Who owns the data?
You do. Export any report or list to CSV or PDF at any time. Zycount is built on open-source components (PostgreSQL, Next.js, NestJS) and can be self-hosted.
Open the books.
Set up your company with a Malaysian chart of accounts, SST codes and twelve fiscal periods ready to post — or look around the demo company first.