Reduce errors and delays with e-Invoice
Exchange e-invoices between accounting systems for efficient, secure invoicing that reduces manual data entry and errors.
Instant invoicing.
What e-Invoice is
e-Invoice is a Malaysian government initiative designed to make exchanging invoices and doing business more efficient, reduce costs, and standardise tax and financial reporting.
E-invoicing uses the Peppol network
E-invoices are sent between accounting systems via Peppol’s secure global public network rather than email.
Government is mandating e-invoicing
The Malaysian government has set dates by which businesses need to implement e-invoicing.
Bills automatically prepopulated
E-invoicing does away with manually entering bills, reduces errors and delays getting paid, and lowers costs.
Get notified when e-invoicing is available
Complete the form below and we’ll let you know when you can start using e-invoicing from within Xero.
Phased e-invoicing implementation
Malaysian businesses need to implement e-Invoice for tax compliance by these dates: 1 August 2024 for those with annual turnover or revenue of RM100 million; 1 January 2025 for turnover or revenue between RM25m and RM100m; and 1 July 2025 for all businesses.
Learn more about e-invoicing (LHDN website)
Benefits of e-invoicing
The benefits of eInvoicing, as described by the Malaysian government, include the following.
- Reduces manual work and human error
- Facilitates efficient tax filing
- Streamlines operational efficiency
- Digitises and standardises tax and financial reporting
e-invoicing for Xero businesses
Xero customers will initially be able to receive e-invoices from Malaysian businesses that are registered for e-invoicing. The ability to send e-invoices will follow.
More about e-Invoicing
Along with more than 20 countries worldwide, Malaysia uses Peppol as the network provider for e-invoicing due to its maturity, interoperability, and well-governed standards. MDEC (Malaysia Digital Economy Corporation) is Malaysia’s Peppol authority. It accredits Malaysia's Peppol service providers and Peppol-ready solution providers, specifying local requirements and technical standards, governing the overall Peppol framework compliance, and promotes the business adoption of e-invoicing in Malaysia.
Learn more about MDECAlong with more than 20 countries worldwide, Malaysia uses Peppol as the network provider for e-invoicing due to its maturity, interoperability, and well-governed standards. MDEC (Malaysia Digital Economy Corporation) is Malaysia’s Peppol authority. It accredits Malaysia's Peppol service providers and Peppol-ready solution providers, specifying local requirements and technical standards, governing the overall Peppol framework compliance, and promotes the business adoption of e-invoicing in Malaysia.
Learn more about MDECYou’ll be able to look up which businesses are registered for e-invoicing in the Peppol directory for Malaysia once it’s launched.
You’ll be able to look up which businesses are registered for e-invoicing in the Peppol directory for Malaysia once it’s launched.
E-invoicing will be included in Xero Starter, Standard and Premium plans; you won’t need to purchase any additional add-on or external service, and advisors can register on behalf of their business clients. Businesses will still receive bills by email and other methods.
E-invoicing will be included in Xero Starter, Standard and Premium plans; you won’t need to purchase any additional add-on or external service, and advisors can register on behalf of their business clients. Businesses will still receive bills by email and other methods.
Get notified when e-invoicing is available in Xero
Complete a few details and we’ll let you know when your Malaysian business can start using e-invoicing from within Xero.
Try Xero free for 30 days
Access Xero features for 30 days, then decide which plan best suits your business. Note: eInvoicing isn’t available in the free trial.