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.
productivity & Convenience
Feed Customer TIN Into SQL Automatically
No more asking customers for their TINS one by one
SQL Account is the only accounting software that automatically fetches your customers TIN (Tax Identification number), saving your countless hours of manual effort.
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
Now, you can raise sales invoices under your own company by logging into your company account (With Updated Company Info – Secret Key from LHDN MyInvois). Once successfully validated, buyers can log into their accounts at https://preprod.myinvois.hasil.gov.my/ to view the document details recorded on their MyInvois “Document | Received” page successfully.
Experience the long-awaited Real LHDN E-Invoice validation process at https://connect.sql.com.my/. [Updated User Guideline on Both LHDN Preprod Setup & SQL Company Profile Setup]
Above LHDN MyInvois + SQL Account is tested on Preprod server.
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
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 more than RM150 thousand | 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
Offers a trio of powerful and seamlessly integrated capabilities. A highly customizable on-premise system. Cloud service extension for unparalleled flexibility and accessibility. Mobile application enabling e-invoice issuing from any device
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
8 nov 2024 (FRI)
open
online
12 nov 2024 (tue)
open
penang
23 nov 2024 (sat)
open
penang
7 dec 2024 (sat)
open
online
10 dec 2024 (tue)
open
melaka
17 dec 2024 (tue)
upcoming
nilai
18 dec 2024 (wed)
upcoming
kulim
15 FEB 2025 (sat)
upcoming
kampar
22 feb 2025 (SAT)
upcoming
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….
