We created
SIERRA Xero app

Sierra helps you reduce manual data entry, avoid missing transaction records, avoid tax penalty, get your accounts up to date and have accurate cash flow. We provide pre-built app and offer custom automation based on your business requirement. Sierra can also help you send email and WhatsApp msg.


Use Case:

Handling Withholding Tax for purchase of software & services from foreign entities like Facebook Ads, Google Ads, Zoom, Xero, Bitrix24 and many more.

Use Sierra to automatically create a withholding tax bill when a claim is submitted. Sierra will automatically apply a 10% royalties and create a bill in Xero. Sierra will ease reconciliation, avoid late payment penalty and ease audit and tax processes.

Using Sierra to handle withholding tax (WHT royalties payment, for purchases paid to foreign entities)

If you have many recurring or one time payment to foreign entities that incurr withholding tax, managing withholding tax payments to LHDN is important to ensure compliance, avoid late penalty and ease of audit & tax process. Example of transaction that incurred withholding tax are subscription to Zoom, Facebook Ads, Google Ads, Xero, Bitrix24, GCP, DigitalOcean and many more.

Our approach is designed to ease reconciliation and to ensure every payment made via e-WHT automatically reconciled to the WHT bill that was automatically created by Sierra.


Work process

Step by step

How to handle purchase or software subscription of foreign entities that incur withholding tax using Xero and Sierra.

Step 1. Expense or Create bill in Xero

If you are using Xero expenses, scan or upload the foreign invoice together with actual payment slip in MYR.

Step 2. Finance to make payment to expenses claim

When an expense claim is submitted and the expense is charged to software subscription, Sierra will auto create WHT bill. Finance is to make payment to expenses claim first.

STEP 3. Pay WHT using MyTax e-WHT
Pay each WHT bill via e-WHT and then upload the WHT payment slip and CP37 to the WHT bill in Xero
STEP4. Perform reconciliation
Xero will be able to match your expenses claim payment and WHT payment accurately. Just click OK to reconcile.
WHT
Auto Create WHT Bill

MYR$5.00
per month

  • Automatically create WHT bills
  • Free for FusionETA Xero subscriber
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Custom
based on your requirement

MYR$200.00
start from

  • We customized the automation based on your needs.
  • Unlimited automation
Order Now