S1 AsiaPac

Malaysia E-invoicing Software

With S1 AsiaPac E-Invoicing Software

S1 AsiaPac electronic invoice is fully compliant with LHDN’s regulations, making it the top choice in Malaysia for easy E-invoicing implementation..

Timeline

July 2023

E-Invoice Guideline
version 1.0

September 2023

- E-Invoice Guideline version 2.

 - E-Invoice Specific
Guideline version 1.0

February 2024

E-Invoice Guideline version 2.2

- E-Invoice specific Guideline version 2.0

 - Software Development Kit | (SDK) Beta Version

April 2024

Pilot phase for selected
companies

August 2024

Phase 1 :
Companies with > RM100 Mil revenue
in Financial Year 2022

January 2025

Phase 2 :
Companies with RM25 Mil - RM100 Mil revenue in
 Financial Year 2022

July 2025

All registered businesses to
implement E-invoice

E-invoicing and Beyond

Self E-Invoices for Key Scenarios

Tailored E-invoices for agents, foreign purchases, E-comm, dividends, taxes, and gaming payouts in Malaysia.

Comprehensive Compliance Module

Simplify tax processes with efficient E-invoice generation, role-based access, alerts, and secure data storage.

Streamlined Tax Processes

Efficient E-invoice generation, role-specific access, alerts, and secure data storage for streamlined tax operations.

Why Choose S1 AsiaPac for Malaysia E-Invoicing?

Compliance Assurance

Seamlessly stay compliant with government changes without internal disruptions through automated software updates.

Effortless Integration

 Effortlessly transition to E-invoicing with minimal business interruption through smooth integration with any system type or number.

Precision & Reliability

Ensure error-free E-invoicing compliance in Malaysia with a 99.98% success rate, smart automation, 150+ validations, and auto-retrials

Personalized Support

 Get assistance with technical queries during
E-invoicing implementation from a dedicated account manager and support team.

Continuous Uptime

 Ensure uninterrupted E-invoicing in Malaysia with 24/7 compliance, 99.99% uptime, reliable API stack, auto-scaling, and backup servers.

Enhanced Features for Transition

Utilize value-added features such as invoice reconciliation and data analytics for a smooth transition to E-invoicing in Malaysia.

We take care of the entire complexity so you can focus on your core business

Our experienced team has enabled dozens of enterprises to become E-invoicing-ready. Let us make the transition smooth for you too.

Call us at +6010-209 7167 for a free consultation on your E-invoicing needs. 

Are you ready to make the switch?

For many businesses,  E-invoicing represents a major change in operations and technical capabilities. Without the right guidance and systems, the move can be complex and risky.

Call us at +6010-209 7167 for a free consultation on your E-invoicing needs. 

How do we work with invoices?

E-invoicing must be generated directly from business systems and issued in a structured data format (eg : XML). This allows seamless integration with LHDN’s API for real-time validation and storage.

Capabilities

At S1 AsiaPac, we empower businesses to embrace E-invoicing with confidence through

Effortless Integration of E-invoicing

Regardless of your ERP or POS system

How it works?

E-invoicing serves as a digital substitute for paper invoices and is being adopted globally, with Malaysia also embracing this trend. The E-invoice Model by the Inland Revenue Board of Malaysia (IRBM) is designed to streamline processes, enhance efficiency, and reduce tedious tasks for businesses.

You can comply with the E-invoicing mandate in Malaysia by carrying out these activities:

  1.  Assess applicability: Before diving into E-invoicing, consider whether it’s mandatory for your business or if you’re choosing to adopt it voluntarily. Next, examine your current invoicing process and identify opportunities to save time and money.
  2. E-invoicing solution: Choose an E-invoicing solution that fits your needs and budget and which can be easily integrated with your ERP system like S1AsiaPac.
  3.  Train your staff: Prepare your team on how to use the new E-invoicing system. They’ll need to know how to create, send, and track e-invoices. 

By taking these steps, you can make sure your business is ready for the switch to E-invoices.

The implementation of E-invoicing in Malaysia is set to transform business operations and drive economic growth. This transition will enhance efficiency, cost savings, and overall economic performance. Companies embracing e-invoicing will gain a competitive edge. Through the digitization of invoices, businesses can streamline operations, reduce paperwork, and improve transaction accuracy.

To facilitate a seamless transition and allow sufficient time for adaptation, the implementation of e-Invoicing will occur in stages. Initially, the adoption of e-Invoicing will be determined by annual turnover or revenue (as per audited financial statements for 2022). However, e-Invoicing will be mandatory for all taxpayers starting from 1st July 2025, irrespective of their sales volume.

Below are the compulsory thresholds for e-invoicing in Malaysia, along with their revised implementation dates in Budget 2024

 To facilitate a smoother transition to E-invoicing, the Inland Revenue Board of Malaysia (IRBM) has established two methods for sending e-invoices.

MyInvois Portal: The MyInvois Portal is a web-based platform that enables businesses to create and submit invoices individually or in bulk. This option is well-suited for small businesses with lower transaction volumes.

API Integration: API integration allows businesses to link their existing ERP system directly to the IRB’s system for automated e-invoice transmission. This option is recommended for larger businesses with higher transaction volumes. There are three API models available:

  1. Directly connect your business’s ERP system to MyInvois.
  2. Utilize a Peppol service provider.
  3.  Engage a non-Peppol technology provider.

Selecting the Appropriate Approach

The optimal method for your business will be determined by your unique requirements and transaction volume. For small businesses with limited transaction volumes, the MyInvois Portal offers a straightforward and cost-effective solution. Conversely, for large businesses with significant transaction volumes, API integration provides a more efficient and scalable option.

Effortless Integration of E-invoicing

Regardless of your ERP or POS system