Streamline Your Malaysian Business For E-Invoicing With SQL Account
The Malaysian Inland Revenue Board (LHDN) is making e-invoice mandatory for tax purposes. SQL Account is certified to comply with these regulations, making it a seamless solution for your business. E-invoicing is being rolled out in stages, with the first group of businesses needing to be compliant by August 1, 2024. By July 1, 2025, all businesses in Malaysia, regardless of size, will be required to use e-invoices. Make the switch to SQL Account and ensure your business stays compliant with LHDN regulations.
Where The Journey Started
E-Invoice Timeline
Exciting news for SQL users! In the E-Invoice era, SQL will build a feature similar to the current SSM power search function owned by SQL, allowing you to easily access the full SSM complete list for tax computation verification.
We’re taking this concept a step further by developing a comprehensive TIN portal. This portal will provide SQL users with a seamless experience for validating TIN numbers, enabling you to verify the accuracy of tax identification numbers with 100% accuracy through the LHDN server.
May, 02
SQL’s Tax Identification Number Portal
With the implementation of E-Invoices, a valid TIN is mandate. Without it, E-Invoice submissions may be rejected or face validation delays. Instead of manually emailing each customer and supplier to request their TIN, SQL has created a TIN Validation Portal where companies only need to submit their TIN once at SQL TIN Portal. SQL will validate your TIN submission with the LHDN Portal. All your suppliers using SQL will no longer need to ask for your TIN. With over 270,000 companies in the SQL user base, there’s a high probability that 70% of your suppliers are SQL users. If you haven’t updated your company’s TIN yet, you can do so here.
May, 16
SQL E-Invoice Upgrade V1
Companies gearing up for e-invoicing starting on 2024/08/01 should ensure their customer master data includes TIN information. To streamline the process of collecting the required TINs, SQL users can rely on our intelligent outgoing email feature. This feature automatically filters and sends TIN requests only to customers not yet in the SQL Portal, preventing duplicate or excessive requests to the same customers.
May, 30
SQL E-Invoice Upgrade V2 (Version 850) SQL AutoTIN Sync :
With this version eliminates the need for manual, time-consuming processes associated with customer Tax Identification Number (TIN) management. A single click facilitates the automatic update of all available and validated TINs within your customer master records. This functionality leverages the LHDN API to ensure 100% accuracy, thereby mitigating the risk of encountering invalid TINs during e-invoice issuance. The entire e-invoicing process is streamlined, promoting greater efficiency and reducing the potential for delays.
Jul, 09
Release of Purchase Invoice Feature
The Purchase Invoice screen now allows users to select validated supplier bills (listed on the LHDN server) and load them into the SQL Purchase Invoice screen. The amounts will accurately match the validated amounts provided by the suppliers.
[ More details ]
Jul, 14
Testing for E-Invoice Submission with Sample Company via Preprod.Myinvois Linking Setup Ready with SQL Cloud
- Upgraded Database Structure (Different from existing commercial copy)
- Registered MyTax Invoice Server Ready (Facilitate the LHDN linking trial)
- View Actual Status of Invoice and Import E-Invoice from MyInvois Portal
You can now test E-Invoice validation by logging into your company account on Preprod.MyInvois. Validate your invoices and check the “Document | Received” page. For testing E-Invoice submissions, you can visit https://connect.sql.com.my/.
[Updated User Guideline on Both LHDN Preprod Setup & SQL Company Profile Setup]
Jul, 22
MyInvois Validation Updates
LHDN has disabled the validation of Business Registration Numbers (BRN) until further notice. As a result, e-invoice submissions will now only validate Tax Identification Numbers (TIN). This change aim to resolve the challenges and difficulties faced by partnerships and enterprises due to various validation issues.
1. need to use personal TIN + new BRN
2. need to use personal TIN + old BRN (and old BRN has various format)
3. need to use personal TIN + NRIC
Jul, 22
E-Invoice End User Release (Version 852)
View the E-Invoice End User Release Onboarding User Guide here.
Aug, 05
Real Experience of LIVE Server / Sandbox Server for E-Invoice Submission with your Existing Database (Version 854)
We are ready for the July 30th E-Invoice compliance, with our system supporting the console E-Invoices and Self-billed E-Invoices. Our SQL support is available for both the LHDN Production server (LIVE) and Sandbox server, allowing for flexible testing. You can easily toggle between these servers at your convenience.
To get started, check out our two essential resources:
1. Registration and Setup Guide: Learn how to register for the LHDN MyInvois Portal for E-Invoice, set up ERP for accounting software on MyInvois Portal, and add an intermediary for E-Invoice submissions.
2. E-Invoice Onboarding Guideline: SQL E-Invoice MyInvois Onboarding Guideline covers mandatory fields, submission processes for E-Invoices, consolidated E-Invoices, and Self-billed E-Invoices, ensuring you meet all compliance requirements
How SQL Accounting Assists Your Business In Adhering To LHDN E-Invoice Requirements?
According to the guidelines as of February 9, 2024, each e-invoice must contain 35 mandatory fields and 20 optional fields, making a total of 55 fields that need to be completed for successful valid e-invoice submission. SQL Account automates this process by storing all these field records, eliminating the need for repetitive manual entry.
For every e-invoice issued, you can track its status within SQL Account, including whether it has been submitted, validated, deemed invalid, or cancelled. This enables you to effortlessly monitor the status of all e-invoices through SQL Account.
Beyond standard sales invoices, certain transactions require e-invoice, including dividends, foreign income, foreign purchases, payments to agents, and cross-border dealings. SQL Account is equipped to support and comply with these requirements in accordance with LHDN guidelines, covering:
E-Invoice
Consolidated E-Invoice
Self-Billed E-Invoice
Our LHDN E-Invoice Features
MyInvois Ready Company Profile
SQL Account equips you to finalize your company profile with all necessary details for E-Invoice submission. It also highlights any missing information to ensure your profile is MyInvois Ready. We can now allow you to use the LHDN Preprod API for testing.
E-Invoice
Our streamlined invoicing process incorporates standard E-Invoice submission to MyInvois with a simple button click. It facilitates both individual and bulk submissions and provides you with the submission status and a countdown of 72 hours for any changes needed.
Consolidated E-Invoice
Certain businesses can submit consolidated E-Invoices once a month. SQL Account provides a user-friendly interface for submitting multiple invoices as a single consolidated E-Invoice to MyInvois.
Self-Billed E-Invoice
When your suppliers are unable to provide an E-Invoice, you are required to issue self-billed E-Invoices. With SQL Account, you can easily submit any purchase bills as a self-billed E-Invoice to MyInvois with just a click.
Seamlessly Import Transaction from Supplier E-Invoice
Effortlessly integrate supplier transactions into your SQL Account by importing E-Invoices directly from your suppliers. This streamlined process eliminates manual data entry, ensuring accuracy and saving time. With just a few clicks, you can import all relevant transaction details from the supplier’s E-Invoice, keeping your records up to date and aligned with SQL Account.
Cancelling an E-Invoice
You can cancel an E-Invoice, with a stated reason, within 72 hours of its submission to MyInvois. SQL Account features a countdown timer that indicates which invoices are still eligible for cancellation. This action can be easily performed in SQL Account with just a click.
Check out these E Invoicing Awareness Webinar Highlights
featuring a LHDN speaker
For more Webinar highlights and expert testimonials, check out the SQL MYSOFTWARE YouTube channel!
When Do You Need To Start Implementing E-Invoicing For Your Business?
E-Invoice will be implemented in phases to ensure smooth transition. The annual turnover or revenue for the implementation of E-Invoice will be determined based on the following:
- Taxpayers with audited financial statements: Based on annual turnover or revenue stated in the statement of comprehensive income in the audited financial statements for financial year 2022.
- Taxpayers without audited financial statements: Based on annual revenue reported in the tax return for year of assessment 2022.
- In the event of a change of accounting year end for financial year 2022, the taxpayer’s turnover or revenue will be pro-rated to a 12-month period for purposes of determining the e-Invoice implementation date
E-Invoice Implementation Timeline:
| 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 |
| Taxpayers with an annual turnover or revenue of less than RM25 million | 1 July 2025 |
How To Get Started With E-Invoice In Your Business?
LHDN offers businesses two methods for e-invoice compliance:
1. MyInvois Portal – The MyInvois Portal is a platform for taxpayers who are unable to issue an e-invoice through their own system or who do not have a system for issuing e-invoices. By logging in via the MyTax Portal, they can utilize the MyInvois Portal to fulfill their e-invoice obligations in accordance with the rules and requirements. Taxpayers can manually fill up all the mandatory fields, submit, view, cancel, or reject invoices, among other actions
2. SQL Accounting Software – Recognized as a leading accounting and business solution in Malaysia, trusted by over 270,000 businesses. Our software is user-friendly, supporting e-invoices and ensuring compliance with Malaysia’s Sales and Service Tax (SST), alongside a comprehensive suite for all your operational workflow and accounting standards.
Do I Need A Digital Cert?
A digital certificate is a secure electronic document used to verify the identity of a person, device, or server online. It plays a crucial role in ensuring that data transmitted over the internet is encrypted and secure, protecting it from unauthorized access and tampering.
A master certificate, on the other hand, is a primary digital certificate used by an organization to manage and secure communications across its entire system. It serves as a central point of trust, simplifying the management of multiple digital certificates within the organization. By using a master certificate, the SQL Accounting Software System ensures that all its communications are secure, thereby eliminating the need for existing SQL users to purchase separate digital certificates.
However, if you have specific needs or additional security requirements that necessitate the use of a personal digital certificate, you can acquire one from here. Digital certificates can be purchased from trusted certificate authorities (CAs), and it’s important to choose a reputable provider to ensure the highest level of security. Some of the well-known companies from which you can purchase digital certificates include:
– Pos Digicert Sdn Bhd
– MSC Trustgate.Com Sdn Bhd
– TS Technolody Services Sdn Bhd
– Raffcomm Technologies Sdn Bhd
Acquiring a digital certificate from one of these companies will provide you with the assurance that your online interactions and data transfers are securely protected.
Why SQL Accounting is the perfect partner for
LHDN E-Invoice Compliance
Built-In Compliance
SQL Account Ensures Your E-Invoices And SST Adhere To All LHDN Regulations, Saving Your Time And Minimizing Errors.
1 Software, 3 Platforms
SQL Account offers 3 powerful features: a customizable on-premise system for your workflow, cloud services for anytime, anywhere access, and a mobile app for issuing e-invoices. All are seamlessly integrated for efficient connectivity.
Expert Support
Our Team Of E-Invoice Specialists Has In-Depth Knowledge Of The E-Invoice Mandate And Is Here To Guide You Every Step Of The Way.
JOIN US LIVE
LIVE SEMINARS
Our E-Invoice seminar sessions will provide you with valuable knowledge regarding E-Invoices. At the upcoming multi-town seminar sessions, you will learn about the latest laws and regulations, guided by our panel of experts. They will share insights on LHDN E-Invoices, helping you navigate potential dangers, exploit new opportunities, and understand E-Invoice best practices to ensure a smooth onboarding process.
We are Peppol Access Point Certified Providers
As a Peppol Access Point certified provider, we ensure the highest standards of security and reliability in our e-invoicing processes. Our SQL Account software is designed to seamlessly integrate with Peppol’s network, guaranteeing compliant and efficient e-invoicing for your business.
Learn from the experts
Seminars & Workshops
Led by accounting software experts, this workshop will provide you with the latest and most concise information on E-Invoicing. Whether you are a beginner, freelancer, or business owner, you will greatly benefit from this session. To ensure a better experience for participants, we are limiting attendance based on the location. Registration is on a first-come, first-served basis, so don’t miss out!
The workshop will cover:
✅ Basic concepts and types of electronic invoices
✅ Mandatory e-invoice implementation and exemption policies
✅ How e-invoices operate
✅ Handling e-invoices in cross-border transactions and special cases
✅ More effective ways to manage e-invoices
Don’t miss this opportunity to learn and network!
Seminars & Workshops
ONLINE
14 MAR 2024 (THU)
END
penang
09 may 2024 (THU)
END
ipoh
07 jun 2024 (fri)
END
penang
08 jun 2024 (sat)
END
penang
09 jun 2024 (sun)
END
penang
20 jul 2024 (sat)
END
penang
10 aug 2024 (sat)
end
penang
20 aug 2024 (tue)
end
online
3 sep 2024 (tue)
END
penang
07 sep 2024 (sat)
end
batu kawan (中)
20 sep 2024 (fri)
end
batu kawan (ENG)
21 sep 2024 (sat)
end
penang
5 oct 2024 (sat)
end
online
10 oct 2024 (thu)
end
kuching (中)
19 oct 2024 (sat)
END
sibu (中)
21 oct 2024 (mon)
END
penang
29 oct 2024 (tue)
end
ONLINE
8 nov 2024 (FRI)
end
online
12 nov 2024 (tue)
end
penang
23 nov 2024 (sat)
end
penang
7 dec 2024 (sat)
end
online
10 dec 2024 (tue)
end
Penang (中)
4 Jan 2025 (sat)
end
Online (eng)
7 Jan 2025 (tue)
END
Online (中)
22 Jan 2025 (wed)
OPEN
Penang (eng)
25 Jan 2025
CLOSED
IPOH
21 FEB 2025 (FRI)
OPEN
SEREMBAN
22 FEB 2025 (SAT)
OPEN
Online (中)
19 feb 2025 (wed)
open
Online (eng)
25 feb 2025 (tue)
open
Online (中)
6 mar 2025 (thu)
open
Penang (中)
15 mar 2025 (sat)
open
Online (eng)
18 MAR 2025 (tue)
upcoming
Penang (中)
29 Mar 2025 (sat)
upcoming
HRDC & E-Invoice Training
E-Invoice Hands-on Class [HRDC Claimable]
Join this hands-on E-Invoice training for SQL Accounting users! Learn E-Invoice concepts and step-by-step submission through SQL software. Bring your own business documents, like invoices, for practical practice.
Who should attend: Ideal for accountants, SQL users seeking a detailed tutorial, or anyone looking to master SQL as an extra skill.
E-Invoice Training
This 30-minute E-Invoice training class provides a comprehensive guide to managing E-Invoices in SQL Accounting, covering everything from initial setup to submitting E-Invoices seamlessly. Gain practical knowledge and learn step-by-step processes to maximize the module’s functionality and improve your workflow efficiency.
Who should attend: Ideal for SQL users who have recently activated the E-Invoice module or for those looking to refresh and enhance their existing knowledge.
boost your knowledge
E-INVOICE ARTICLES
E-Invoice System: What You Need to Know
Following the announcement made by the Inland Revenue Board of Malaysia (“IRBM”) in May 2023 regarding the introduction of e-Invoicing in 2024, the IRBM has released updated e-Invoice Guidelines. It involves replacing traditional paper-based invoices with e-Invoices…
Implementation Of E-Invoicing Starting 1st August 2024
What is E-Invoice? 什么是E-Invoicing? An e-lnvoice is a digital representation of a transaction between a supplier and a buyer. e-lnvoice replaces paper or electronic documents such as Invoice, Credit Note, Debit Note , and Refund. e-lnvoicing 是供应商和买方之间的电子交易记录。e-Invoicing 取代了纸质或电子文档…
National E-Invoicing Initiative
To support the growth of the digital economy, the Government intends to implement e-Invoice in stages in an effort to enhance the efficiency of Malaysia’s tax administration management. This is in line with the Twelfth Malaysia Plan, where one of the key focus is on strengthening the digital services infrastructure….
