Get Ready for Malaysia’s E-Invoice with AutoCount Accounting Software

Malaysia’s transition to e-invoicing helps businesses streamline compliance. AutoCount Accounting Software makes this process easier by supporting three main e-invoice types: individual e-invoice, consolidated e-invoice, and self-billed e-invoice.

1. Individual e-Invoice
   This is a standard invoice for each transaction. If you run a design studio, you issue an individual e-invoice for every client project to confirm income and record expenses.
2. Consolidated e-Invoice
   Designed for suppliers who don’t need to issue a separate e-invoice for every small transaction, it lets you collect multiple receipts into a single monthly submission to the IRBM. A busy café could issue a normal receipt for each quick sale, and then consolidate those transactions into one e-invoice each month.
3. Self-Billed e-Invoice
   Used when the buyer creates an invoice on behalf of the supplier, typically if the supplier is not registered or not required to issue an e-invoice. Imagine a mall operator paying a small, unregistered vendor; the mall generates the self-billed e-invoice to ensure everyone stays compliant.

AutoCount Accounting Software simplifies invoicing for each model, eliminating manual data entry and reducing mistakes. It has user-friendly features for quick document generation and reliable record-keeping, so you stay compliant without extra hassle.

Ready to learn more? Contact us to see how Agile X Solution Sdn Bhd can help.