Since its implementation on August 1st, Malaysia’s Inland Revenue Board (LHDN) has received over 34 million e-Invoices from taxpayers. This impressive figure marks a significant milestone in the country’s journey toward digitized tax compliance and highlights key positive implications for...

Malaysia’s transition towards e-Invoicing, driven by the Inland Revenue Board of Malaysia (IRBM), is part of a larger initiative to modernize tax reporting processes. This mandate is not just a policy shift; it represents a significant transformation in how businesses...

Malaysia’s e-Invoicing mandate is set to enter phase one with the purpose of increasing the national tax revenue from businesses across the country. The gradual roll out begins on August 1st, 2024 starting with businesses with annual sales exceeding RM100...

In a series of educational workshop events in Malaysia, Robin Sands, CEO of LinkFor and with over 20 years of experience providing solutions to businesses of all sizes, explored the significant benefits of e-Invoicing amidst impending regulatory mandates. Businesses are...

E-Invoicing Solutions for SAP Users in Malaysia With today’s rapidly evolving business landscape, Malaysian enterprises are increasingly embracing digital solutions to enhance their competitiveness and efficiency. Among the pivotal advancements is the adoption of e-invoicing, which holds immense potential for...

In an era dominated by digitalization, Malaysia is forging ahead with its e-Invoicing mandate, compelling businesses to adopt electronic invoicing systems to meet the LHDN (IRBM) requirements for e-Invoicing. For users of Oracle’s suite of products – Oracle Fusion Cloud,...

In today’s competitive business environment, Chief Financial Officers (CFOs) are always seeking ways to enhance efficiency, cut costs and foster strategic growth. One of the most effective strategies to achieve these objectives is to implement e-invoicing. The path to e-invoicing...

Scenario: Supplier A sends an invoice to Customer B via email, but it is intercepted by a fraudster who changes the bank details before it reaches Customer B. Customer B pays the invoice to the fraudster’s account, thinking it is...

As Malaysia joins the global trend of adopting mandatory electronic invoicing (E-Invoicing), businesses of all sizes need to understand the transformative benefits this technology can bring to their operations. Digital Invoicing vs E-Invoicing: Let’s understand the difference E-Invoicing stands as...