The Malaysian Tax Authority, The Inland Revenue Board of Malaysia (IRBM)/ Lembaga Hasil Dalam Negeri Malaysia (LHDN) and the Malaysian Digital Economy Corporation (MDEC) are gearing up to implement electronic invoicing regulations in Malaysia by August 2024. The rollout will be phased out based on turnover. E-invoicing will replace traditional paper and electronic documents, encompassing invoices, credit/debit notes, and refunds. Some exemptions apply, including specific individuals and certain income/expense types.
A world-class E-invoicing system that integrates with billing systems seamlessly in multiple ways with zero disruption to businesses. A PEPPOL-ready, one-stop platform to view, share and collaborate on invoices with customers and suppliers alike while managing the entire communication with the LHDN systems, in a hassle-free manner.
Impact analysis of Business scenarios and processes under E-invoicing
Understanding the E-invoice data fields and validations
Aligning billing process and billing print to incorporate E-invoice number and QR code
Assessment of PEPPOL enablement for document sharing and receiving
Choosing the right E-invoice Partner and not just software solution
Educate Stakeholders and Employees