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Guide to Navigate Through e-Invoicing in Malaysia

E-InvoicingJuly 3, 2024125Views 0Likes 0Comments

The Malaysian government, recognizing the global shift towards digitalization, has decided to implement e-invoicing to modernize its tax administration activities. Initially announced in the 2023 Pre-Budget statement, e-invoicing will be gradually introduced starting from 1 August 2024, according to the Inland Revenue Board of Malaysia (IRBM). What is e-Invoicing? E-invoicing refers to a digital invoice…

The Future of Accounting: Trends to Watch in 2025

AccountingJuly 3, 2024161Views 1Like 0Comments

As we look ahead to 2025, the accounting profession is poised for significant changes driven by advancements in technology, evolving regulatory landscapes, and the increasing complexity of global business operations. Here are the key trends to watch in the accounting industry, with a focus on how YTS & Associates is leading the way: Artificial…

What is a Payroll Outsourcing Service?

PayrollJuly 3, 2024113Views 0Likes 0Comments

A payroll outsourcing service involves hiring a third-party provider to manage payroll functions such as salary payments, statutory deductions, tax withholding, and benefits administration on behalf of a company. This service helps businesses streamline payroll processes, reduce errors, and optimize costs by eliminating the need for an in-house payroll team. Here’s how payroll outsourcing services…

What Happens When You Outsource Your Payroll?

PayrollJuly 3, 2024135Views 0Likes 0Comments

When you outsource your payroll, you're entrusting a third-party provider like YTS & Associates to handle all aspects of your payroll functions. Here’s a detailed look at what happens when you decide to outsource your payroll: Streamlined Payroll Processing Advanced Software: YTS & Associates uses sophisticated payroll software to process your payroll efficiently. This…

Why You Should Outsource Your Payroll?

PayrollJuly 3, 2024129Views 1Like 0Comments

Outsourcing payroll has become an increasingly popular option for businesses of all sizes. While some companies still manage payroll in-house, many are discovering the numerous benefits of outsourcing this critical function. Here’s why outsourcing payroll with YTS & Associates could be a strategic advantage for your business. Cost Savings Outsourcing payroll can significantly reduce…

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