Wednesday, September 25, 2013

No Perfect System, Yet Best Suite Solutions

There are various financial application in the market, serving a different kind of industry and operations requirement. Application might comes in different platform, pre-requisites, layout, capabilities,etc..and do not forget..the limitation.


It is correct to say that SAP is the most wanted application in ERP, but it might have its limitation to some of the business operation, i.e. Printing, Manufacturing,etc..


Sames goes to mobile platform, we can't say between IOS, Android, or Windows, which one is the best.  

On the other hand, some mid-range product might more suitable to these business operation, although it is not "branded" in "Good Practice"

My words to explain this, there is no perfect system in this world, but it will always have one that best suit to you...and..Consultant will transform the "Best" to "Perfect".

Let's have an example of my life experience, we might search so long for a perfect partner, however, no one is perfect in this world, including ourselves. Hence, the perfect one shall be the one who match us most, who cover off our weaknesses, who balance off our life, and when two become one, we will be a perfect person =]

The formula should be, 
0.5 + 0.5 = 1
You Yourself + Your Beloved = Your Perfect Life
Best suit system + Consultant = Perfect Solutions

hm...any more formula you can think of?? Please leave a comment to en-light me ~

Tuesday, September 24, 2013

"People" is part of system

As technology getting advance and advance, to a level of able to automate some process originally control by human ( 'people' ), it bring efficiency and effectiveness to process, however, it makes decrease of morale of people to work.

I believe a lot of consultant faced the situation before, where client or key user just want everything to be automated, including the "Print" button of the summary report. It is fair of these request as client is paying for better solutions for their daily works, but in my opinion, "People" is always key factor of an effective and efficient system. In another words, system is a tools for people to deliver better quality of outcome in works.

Think about from example below,

-->
We might have fantastic material and ingredient for food ('system'), however, a fantastic food still depend on effort and skill from a chef ('people'), to "integrate" all material into better outcome
<--


This Post is to cheer up all my co-workers and friends, when user intend to ignore themselves in system, do not feel sad, but we should bring them back for better outcome.

-- When all the solution is for people, shouldn't people is a key for solutions?--

Monday, September 23, 2013

Goods and Services subject to Government Service Tax (GST) Malaysia

"In principle, GST is imposed on all goods and services produced in the country including imports. However, certain basic foodstuff likes rice, sugar, flour, cooking oil, vegetable, fish and meat, eggs and essential services such as health and private education, public transportation, residential property and agricultural land are not subject to GST. Such exemption is to ensure that the lower income group is not burdened by GST. "

Source : http://www.treasury.gov.my/index.php?option=com_content&view=article&id=1496%3A15-adakah-semua-barang-dan-perkhidmatan-dikenakan-gst&catid=186%3Acukai-barang-dan-pekhidmatan&Itemid=306&lang=en

As quoted above, it seems like we still have further to configure in application to implement GST in Malaysia. My understanding from that, the best configuration is to have different category and type for tax calculation, and each of the type of tax apply to individual Goods and Services ("item code").

Below is my assumption to have a solid yet flexible tax calculation:

(Category Of Tax) 
           |
           |__>> Goods
           |           |__(Type of Tax)
           |                      |__> GST 5%                 --> Item G01XXXXX
           |                      |__> GST 7%                 --> Item G02XXXXX
           |                      |__> Special Tax Type 1  --> Item GTX01XXX
           |                      |__> Special Tax Type 2  --> Item GTX02XXX                   
           |__>> Services 
           |                      |__(Type of Tax)
           |                      |__> GST 2%                 --> Item S01XXXXX
           |                      |__> GST 4%                 --> Item S02XXXXX
           |                      |__> Special Tax Type 1  --> Item STX01XXX
           |                      |__> Special Tax Type 2  --> Item STX02XXX                    

From the above tax method, timely and accurate report shall available when owner wanted to submit their tax, weekly, monthly, or yearly. In addition, it might be configurable to posted in different tax GL Account Code for reporting purposes.



In fact, not all the application are Enterprise Resource Planning (ERP) or having integration to Inventory Module, however, we still believe it is still depending on the quality of consultation to provide a better solution to suit your needs.



Note: The quote is updated since 15/03/2010, we are still not confirm the final tax method ....... 

Sunday, September 22, 2013

Government Service Tax (GST) Malaysia - Implementation

Implementation of Government Service Tax (GST) is no longer a hot topic in Malaysia, however, government has not yet announce when will be the actual day of bringing GST "Live".

Regardless how it will increase our burden affecting the living cost, I would like to share about how it will going to affect the application, especially to integrated financial software, i.e. ERP, POS. From 5 years ago, market is starting to prepare and welcome this event as it will bring up a lot of business opportunity, especially in consulting line.

Market will required Consultant who has experience in this area for the implementation of GST. GST is not a very new concept and it had been implemented in lots of country, i.e. Singapore, Vietnam, Indonesia, and more.

Thanks to all of my employer, I have experienced the implementation of GST in Singapore and Indonesia (it is called VAT there), and both are implemented differently based on the Government Policies. From my experienced, if GST is really live in Malaysia,

The following response and enhancement will required for current existing application:

1. Setup Taxation Profile and Tax Rate.
Most of the application has their standard calculation of tax (except those locally customized previously before announcement of GST). Administrator might explore the possible setup menu to create a simple calcuation of taxtion, i.e. [Line Amount] * [Tax Rate]

2. Solid and Responsiveness Tax Formula / Calculation
Depends on the final rule of taxation, the possibility of having a special tax calculation is always here in "Malaysia", as we do not know whether government would like the implement some special benefit to certain item, certain group of people (i.e, income less than RM3k, Fisherman, Hawker, etc).


The implementation of tax will comes to a challenge when it comes to a special "request". My advise is do contact your specific software provider to get their consultation, the consulting cost cannot be avoid to having a solid tax calculation, unless you have a consultant in your department.

It is still early to judge the implementation of taxation, easy or difficult, but I am ready for the challenge. Do leave a comment / opinion here and we shall discuss it. Hopefully it not a nightmare that affecting our consultant life.

I am available to be a freelance consultant of GST implementation. Do contact me if you require the consulting to welcome GST in Malaysia. Good Luck!

Link : Government Service Tax (GST) Information
http://www.treasury.gov.my/index.php?option=com_content&view=category&id=186&layout=default&lang=en

Saturday, September 21, 2013

Consultant or Software Drive the success of business?



An unique solution is important to drive a successful outcome. Application Consultant will always think of solution to benefit his client, every times, everywhere, every moments in life.


From my opinion, both application and consultant are important, as what in video, by inserted the unique solution by consultant, the application can react better to suit the business of the specific client, and it is a durable and factor to success.



I wish all consultant has the same passion to deliver our value to everyone in the world.