Want to know more about e-Invoicing?
Fret not, SIMBIZ® has the answers to your questions!
Overview of e-Invoice
An e-Invoice serves as a digital confirmation of a transaction between a seller and a buyer. e-Invoices serve as substitutes for paper or electronic documents like invoices, credit notes, debit notes and refunds.
e-Invoices encompass key information identical to traditional documents, including supplier and buyer details, item descriptions, quantities, prices exclusive of tax, taxes, and total amounts.
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For further information, click here, or click on the pdf button below to learn more about the e-Invoice Guideline by Lembaga Hasil Dalam Negeri (LHDN).
Implementation Timeline
1
1 August 2024
Taxpayers with an annual turnover or revenue of more than RM100 million
2
1 January 2025
Taxpayers with an annual turnover or revenue of more than RM25 million and up to RM100 million
3
1 July 2025
All remaining taxpayers
How e-Invoicing Works
Visualizing Efficiency: An Infographic Guide to Streamlining E-Invoicing Workflows
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Digital Solutions for the Future
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SIMBIZ® is a cloud-based accounting and business management system that is ready to assist you with the mandatory e-Invoicing implementation. Our system provides secure and efficient digital solutions for managing your finances and business operations. With SIMBIZ®, you can easily create and send invoices, track your expenses, and manage your inventory. Try it out today!