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E-invoicing help hub - Malaysia

by Intuit8 Updated 1 week ago

Many businesses in Malaysia will soon be required to send individual digital e-invoices to customers in the format outlined by the Inland Revenue Board of Malaysia (LHDN). 

What is e-invoicing?

E-invoicing enables the automated digital exchange of billing documents between a supplier and a buyer. Essential for compliance with local laws, it ensures transparency and the streamlining of invoice handling. 

How to prepare for e-invoicing

It’s important to know how and when e-invoicing requirements may apply to your business. Here’s what you need to do. 

  1. Understand what e-invoicing means for your business. To help you navigate e-invoicing requirements, read our essential guide to e-invoicing in Malaysia.
  2. Download our e-invoicing checklist. This makes it easy to prepare for e-invoicing.

E-invoicing resources for you

The QuickBooks e-invoicing solution

QuickBooks e-invoicing is coming to Malaysia very soon. We are rapidly testing the product experience with a view to release our solution from April.

Frequently asked questions

E-invoicing enables the automated digital exchange of billing documents between a supplier and a buyer. Essential for compliance with local laws, it ensures transparency and the streamlining of invoice handling.

Note, a 6-month grace period has been applied to each of these groups. This is called a ‘relaxation phase.’ 

You can learn more about the e-invoicing mandated timelines and what it means for your business here.

The LHDN has outlined key dates depending on the annual turnover of your business.

  • August 1, 2024: Turnover > RM 100m 
  • January 1, 2025: Turnover > RM 25m
  • July 1, 2025: Turnover > RM 500k
  • January 1, 2026: Turnover > RM 150k

A 6-month grace period has been applied to each mandated timeline (mandated timelines are dependent on annual turnover of your business). During the relaxation phase, businesses are able to ‘batch submit’ all income activities and transactions for that calendar month (due 7-days after the last date of the month). Following this relaxation period, businesses must be prepared to send individual e-invoices when requested by customers.

Learn more about the e-invoicing mandated timelines and what it means for your business here.

Businesses who turn over less than RM 150K per year are currently exempt from mandated e-invoicing regulations. 

QuickBooks e-invoicing is coming to Malaysia very soon. We are rapidly testing the product experience with a view to release our solution from April.

Be the first to know by signing up on our waitlist following the link below to receive the latest updates and be among the first to experience our cutting-edge e-invoicing solution. We’ll also be sending regular updates to our customers as we get closer to the rollout. 

Register your interest on our form here.

Yes. For more information about uploading invoices to the MyInvois portal, including batch payments you can learn more  here. You can access more general information via the MyInvois portal here

There will be no additional fees for customers accessing the e-invoicing feature in QuickBooks.

Make sure you have the below ready to go to set up e-invoicing with QuickBooks. We have built a readiness check-list here to help you get started.

  • Digital Certificate: An electronic authentication document that verifies the identity of your business (purchased through a certified authority). Learn more here.
  • My Invois Client ID & My Invois Client secret: You’ll need to register for this directly through the My Invois portal. Learn more here

A Digital Certificate is an electronic document that proves the identity of a business and verifies their authenticity as an authorised seller. It verifies that the invoice is genuinely from your business. 

Purchased through a trusted third-party Certificate Authority (CA), digital certificates use encryption to ensure data integrity, protecting sensitive information like address information or payment details. 

You can learn more about digital certificates in our Guide to Digital Certificates.

If you are a QuickBooks customer or submitting e-invoices via a third-party solution, you may not need a digital certificate. A digital certificate allows you to add digital signatures to individual e-invoices - a mandated requirement from the IRBM for all businesses submitting e-invoices through a third-party solution.

You don’t need a digital certificate if you are submitting individual invoices through the MyInvois portal directly. 

A digital certificate is the electronic document issued by a trusted Certificate Authority (CA) that verifies your identity as the certificate holder. You need a digital certificate to add digital signatures to e-invoices.

A digital signature is the secure and encrypted ‘stamp’ that verifies the integrity of a digital document, similar to a handwritten signature. To meet relevant e-invoice requirements, issuers need to include a digital signature on invoices to verify this is a legitimate invoice from your business. 

More specifically, a component of the digital signature includes a hash value, typically represented as a set of unique numbers that is recognised by the government API to process e-invoice submissions.

The Malaysian Communications and Multimedia Commission (MCMC) has collated an official list of certified Certified Authorities.

Yes. The expiry date will vary depending on the digital certificate you have purchased. This will need to be renewed ongoing to ensure continuing compliance.

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