by Fachri Mirza
.
Nov 29 2024

Smart Learn – How can you personalize your ASSIST?

Learn from user’s correction.

The Smart Learn feature is an AI-powered tool that enables ASSIST to learn and adapt based on the corrections you make. Each time you correct or adjust data within ASSIST, the system takes note and gradually “learns” your preferred way of handling similar entries. This helps reduce the need for repeated manual corrections and makes the process more efficient over time.

Consistency Over Time:

As you continue to review and correct data, SmartLearn learns from these interactions. This means that over time, the need for reviews decreases as the AI becomes more familiar with your specific documents and business rules.

It adapts to your unique needs, ensuring that your data is processed correctly every time, with minimal effort on your part.

Watch this video to understand the process of SmartLearn

Advisors from ASSIST Team are here to resolve your issues!
Contact us:
Support Email: support@assist.biz
Phone: +65-6679-5755

Can I claim for business travel between Malaysia and Singapore?

Yes, provided the travel is for business purposes. However, note the difference in vehicle claims. In Malaysia, you may claim mileage or petrol for company vehicles, whereas in Singapore, private car (S-plate) expenses remain non-deductible even for business trips.

What happens if I do not have a validated e-invoice in 2026?

For Malaysia, the LHDN may disallow the expense deduction entirely if it exceeds the consolidated threshold and lacks a validated MyInvois receipt. In Singapore, GST-registered businesses may find it impossible to claim input tax without the appropriate InvoiceNow documentation.

Are entertainment expenses fully deductible?

In Singapore, they are generally deductible if incurred for business. In Malaysia, they are typically limited to a 50% deduction, with specific exceptions for staff-related events.

How long must I keep my digital records?

Both LHDN and IRAS require records to be kept for 7 years. Digital storage is highly recommended to ensure receipts do not fade or get lost.

Guides
by Fachri Mirza
.
Nov 29 2024

Smart Learn – How can you personalize your ASSIST?