e-Invoicing Made Easy
E-Invoicing Software
Simplify your e-Invoicing processes with LHDN, boost efficiency, enhance accuracy, and ensure full compliance with LHDN regulations—all from a unified platform.
e-Invoicing Accounting Made Easy
Getting headache & confused with the new LHDN e-Invoicing requirement in Malaysia? No worries…Just simplify your e-Invoicing process with our assistance & guideline- Boost your company efficiency, enhance accounting accuracy, and ensure full compliance with LHDN regulations – all from a single Accounting Software platform.
e-Invoice is NOT Just Creating a Softcopy
Choosing an e-Invoicing Ready Accounting Software is Essential for Your Business to Operate
An e-Invoice is a digital representation of a transaction between a supplier and a buyer. There are 55 data fields that are required to issue an e-Invoice. e-Invoice replaces paper or electronic documents and is formatted in a structured, machine-readable manner. It is a file created in the format specified by the IRBM (i.e., in XML or JSON file format) and not in the form of PDF, JPG and etc.
The question now is…How your company supposed to do to prepare this e-invoice? Contact us today and we shall guide you through.
Don't Wait Anymore & Start Implement e-Invoice As Early As You Can
As per LHDN guideline, e-Invoice will be implemented in phases to ensure smooth transition. e-Invoice covers Business-to-Business (B2B), Business-to-Consumer (B2C) and Business-to-Government (B2G).
Check out the timeline below when your company should starts implement e-Invoice. ALL TAXPAYERS undertaking commercial activities are required to starts implementing e-Invoicing the latest date from 1 July 2025.
We recommend all business should starts early to get an e-Invoicing Ready Accounting Software try to learn, testings and adapt first before your company’s official implementation date. Be prepared with a learning curve up to 3 months for this e-Invoicing as you might faced many questions along the implementation testing period.
| Targeted Taxpayers | Implementation Date |
|---|---|
| Taxpayers with an annual turnover or revenue of more than RM100 million | 1 August 2024 |
| Taxpayers with an annual turnover or revenue of more than RM25 million and up to RM100 million | 1 January 2025 |
| All taxpayers undertaking commercial acivities and new business (from the year 2023 onwards) | 1 July 2025 |
- Taxpayers can opt to voluntarily participate in the implementation of e-Invoice at an earlier date, regardless of their annual turnover or revenue.
- For new businesses or operations commencing from the year 2023 onwards, the e-Invoice implementation date is 1 July 2025.
Here The Guide To Determine Your Business Should Start e-Invoicing By Annual Turnover or Revenue
Audited Statement
Based on reporting in the Statement of Comprehensive Income for Financial Year 2022
Non Audited Statement
Based on reporting in the Income Tax Return Form for Year of Assessment 2022
Change of Accounting Year
Reported income for year 2022 will be pro-rated to a 12 month period
Skip e-Invoice Submission Without Hassle
There are two options for the normal e-Invoice transmission mechanisms to the LHDN side, as listed below. However, when you already have subscribed to our single point e-Invoicing Accounting Software platform, you can skip the below e-Invoice submission process and get it done easily to save your time.
MyInvois Portal
A portal hosted by IRBM and it is accessible to all taxpayers at no cost. If you have a lot of time, you can do it your own.
Application Programming Interface (API)
An API is a set of programming code that enables direct data transmission between the taxpayers’ system and MyInvois system. It requires upfront investment in technology and adjustments to taxpayers existing systems. If you have the money, you can ask programmer to do it for you.
Why & When To Issue e-Invoice?
The e-Invoice model ensures a comprehensive and standardised approach to generation, transmission, and record keeping of your business transaction documents.
As long as you are running a business, transactions that fall under e-Invoice implementation are driven by the following scenarios. Get started now so you won’t be left behind!
Proof of Your Income
Whenever a sale or other transaction is made to recognise income of a business or individual taxpayer.
Proof of Your Expenses
1. Covers purchases made or other spending by a business or individual taxpayer.
2. It also includes returns and discounts.
3. It can also be used to correct or subtract an income receipt in terms of the amounts documented.
4. Business or individual taxpayer to issue Self Billed e-Invoice to document an expense such as foreign transactions.
Types of e-Invoices
Invoice
A commercial document that itemises and records a transaction between a Supplier and Buyer, including issuance of Self Billed e-Invoice to document an expense.
Credit Note
A credit note is issued by Suppliers to correct errors, apply discounts, or account for returns in a previously issued e-Invoice with the purpose of reducing the value of the original e-Invoice. This is used in situations where the reduction of the original e-Invoice & does not involve return of monies to the Buyer.
Debit Note
A debit note is issued to indicate additional charges on a previously issued e-Invoice.
Refund Note
A refund note is a document issued by a Supplier to confirm the refund of the Buyer’s payment. This is used in situations where there is a return of monies to the Buyer.
E-Invoice Resources
Further guidance on e-Invoice to help you gain a better understanding of the e-Invoice implementation in Malaysia.
