E-Invoice Solution in Malaysia
E-Invoice with Acumatica
Business Central
E-invoice will be enforced in Malaysia, effective from August 2024. Acumatica Business Central is a world-class ERP system that offers a seamless e-invoice integration with LHDN system.
What is Acumatica Business Central?
Business management solution that helps small to large-sized companies connect finance, sales, service, and operations team within a single easy-to-use application.
Financial management
- Account receivables/payables
- Bank reconciliation
- Fixed asset management
- Month/Year end closing
Sales & service management
- Quote generation
- Contact management
- Sales invoicing
- Payment processing
Project management
- Capacity planning
- Budgets and estimates
- Job and process costing
- Resource management
How It Operates?
*e-Documents: All electronic documents including invoice, credit note, debit note, refund, self-billed etc.
Benefits of Using Business Central ADS e-Invoice Module
Comply with LHDN regulations
Integrate with other Acumatica products
Option to connect to ADS Consolidated e-Invoice module
Full audit trail with submission statuses
Secure data transfer and storage
Industries We Serve
Manufacturing
Retail
Financial Services
Construction
Wholesale Distribution
Banking
Healthcare
Manufacturing
Who Are Required to Do e-Invoice?
All taxpayers are required to start implementing e-invoicing by phase, depending on their annual turnover. However, they are welcome to start the implementation of e-invoicing earlier. By January 2027, e-invoicing will become mandatory for all taxpayers regardless of sales threshold.
The implementation schedule is shown below:
| Phase | Start Date | Annual Turnover |
|---|---|---|
| 1 | 1st August 2024 | More than RM100 million |
| 2 | 1st January 2025 | More than RM25 million |
| 3 | 1st July 2025 | All taxpayers and some non-business transactions |
Book a FREE Consultation Session Today!
What will we cover in this FREE session?
- Explore your company needs
- Assess your company technology usage
- Explain pricing and licensing options
- Recommend the right Dynamics 365 application
- Explain features and capabilities
- Answer product and implementation related questions
- Organize demo session if required
- Share relevant information to learn more