Location A-5-18, One South Mall
Contact +603-8408 2088
bg_image

Malaysia’s e-invoicing journey is about to begin, and ABSS Accounting Software is ready to be your trusted partner for seamless transition and success.

As a leading #SME Accounting Solution Provider, we not only possess extensive experience in implementing e-invoicing in Singapore, but also leverage that expertise to cater specifically to the nuances of the Malaysian market. This means we understand your unique challenges and opportunities, allowing us to provide solutions perfectly tailored for your needs.

Easy & Convenient E-Invoicing

Send and receive e-invoices directly within your familiar ABSS interface, without the need for any additional software or training.

Compliance Support

We understand the importance of compliance, and our e-invoicing solution adheres to all relevant regulations and standards.

Interoperability

Our e-invoicing solution is fully compatible with other accounting software and ERP systems, ensuring smooth communication with your business partners.

Improved Data Visibility

Gain insights into your invoicing activity with detailed reports and analytics.

Proven Expertise

We've successfully implemented e-invoicing for businesses of all sizes in Singapore, ensuring a smooth transition for you.

Enhanced Solutions

Our platform is designed to adapt business specific needs and the Malaysian regulations, guaranteeing a seamless fit.

Comprehensive Support

From training to ongoing support, we're here to guide you every step of the e-invoicing journey.

How E-Invoicing Works?

Boost Your Efficiency and Profits with E-Invoicing Implementation

Increase Business Efficiency

Manual data entry and physical paper handling processes can be eliminated with the implementation of E-Invoicing and as a result helps businesses transact invoices more efficiently and seamlessly with accurate traceability.

Improve Cashflow

With E-Invoicing, billing and calculation errors can be reduced significantly, thus accelerate payments and minimise disputes in irregularities.

Efficient Tax Compliance

The implementation of a compliant interoperable E-Invoicing framework will ensure an organised work process and facilitate effective tax reporting.

Confidently Navigate E-Invoicing with ABSS and Peppol Partnership

As a Peppol Partner, we ensure your e-invoicing complies with local requirements and integrates seamlessly with other systems.

FAQs

Adopting e-Invoice in Malaysia offers several essential benefits for your business:

  • Compliance: It ensures adherence to LHDN regulations, minimizing the risk of fines and penalties.
  • Cost Savings: Reduces processing costs significantly (up to 80%) compared to paper invoices, saving you time and money.
  • Faster Payments: Accelerates payment processes, improving cash flow and financial stability.
  • Efficiency: Simplifies invoicing procedures, saving time and effort for both buyers and sellers.
  • Accuracy: Digital format minimizes errors and discrepancies, improving data accuracy.
  • Transparency: Enhances transparency and traceability of invoices throughout the supply chain.
  • Sustainability: Reduces paper usage and environmental impact.

According to LHDN guidelines, e-Invoice is the electronic equivalent of a traditional paper invoice.

It allows businesses to create, send, receive, and manage invoices digitally through standardized data files.

This standardized format ensures compatibility and compliance with LHDN regulations.

e-Invoice is crucial for your business because it:

  • Ensures Compliance: Protects your business from potential LHDN penalties and ensures smooth financial transactions.
  • Improves Efficiency: Streamlines your invoicing process, saving time and reducing administrative costs.
  • Enhances Cash Flow: Expedites invoice processing and payment turnaround, ultimately improving financial stability.
  • Boosts Accuracy: Minimizes errors and discrepancies in invoice data, leading to greater transparency and reliability.
  • Provides a Competitive Advantage: Positions your business as modern and adaptable, potentially appealing to customers and partners.
  • Reduced Paperwork: Eliminate paper invoices and streamline invoice management for both parties.
  • Faster Processing: Automated data exchange ensures quicker invoice processing and faster payments.
  • Cost Savings: Reduce costs associated with printing, mailing, and manual data entry.
  • Improved Accuracy: Minimize errors and discrepancies, saving time and effort for both parties.
  • Enhanced Security: Secure data exchange protects sensitive financial information.
  • Direct Integration: Enables seamless integration with accounting systems for better efficiency.
  • Environmental Sustainability: Reduces paper consumption and promotes eco-friendly business practices.