E-Invoice Implementation in Malaysia

19 Mar, 2025, AC Hotel Kuala Lumpur by Marriott

IPA Training is Registered with

Venue Details

AC Hotel Kuala Lumpur by Marriott
9 Jalan Lumut off Jalan Ipoh, Kuala Lumpur, Malaysia, 50400,

https://www.marriott.com/en-us/hotels/kulka-ac-hotel-kuala-lumpur/overview/?scid=45f93f1b-bd77-45c9-8dab-83b6a417f6fe&y_source=1_MTQ2NDU5M DEtNDgzLWxvY2F0a W9uLndlYnNpdGU%3D


Fax : +60 3-40428000

Contact us

FOR COURSE DETAILS

Juliany,

Office: 03 2283 6109

Mobile: +60 122281247

juliany@ipa.com.my

Phoebe,

Office: 03 2283 6100

Mobile: +60 193637822

phoebe@ipa.com.my

Bee Teng,

Office: 03 2282 6112

Mobile: +60 172566121

beeteng@ipa.com.my

FOR CUSTOMISED IN-HOUSE TRAINING

Jane,

Office: 03 2283 6101

Mobile: +60 129418251

jane@ipa.com.my

Keith,

Office: 03 2283 0000

Mobile: +60 162272735

keith@ipa.com.my

ADDRESS

A-28-5, 28th Floor, Menara UOA Bangsar,
No.5, Jalan Bangsar Utama 1,
59000 Kuala Lumpur

FOCUSING ON
  • Module 1: Introduction of E-Invoicing
  • Module 2: E-Invoice Model via MyInvois Portal
  • Module 3: E-Invoice Model via API
  • Module 4 :Understanding Of E -Invoice Transaction Changes
  • Module 5: Managing Risk, Tax Audits, Data Security And Privacy Monitoring Of E-Invoicing
  • Module 6 : Assessing Readiness of E-Invoice
OBJECTIVE

On 22 May 2023, the Malaysian Inland Revenue Board (IRB) formally announced that they are targeting 4,000 businesses for the first stage of the new electronic invoicing (e-invoice) system. This is a mandatory enforcement for businesses that reach a sales threshold of RM100m per year. Implementation is slated to commence in June 2024. While we await the IRB's guidelines, we share our understanding of what will potentially be required for Malaysia’s e-invoicing platform and the implementation plans based on our interactions with IRB. We will also share some points to consider in your preparation for your e-invoicing journey.

This course will provide you valuable insights into pivotal shift in business operations. We are presenting a comprehensive course that delves into the latest updates in tax administration, directly impacting businesses and taxpayers.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Providing participants with a foundational understanding of Malaysia's e-invoice system, its scope and its implications for businesses and taxpayers.
  2. Recognizing the potential accounting, IT and tax issues that businesses may encounter before and during the implementation of the e-invoice system.
  3. Developing an action plan for the implementation of the e-invoicing system.
WHO SHOULD ATTEND

This course is designed for Employees, Managers, Self-Employed or Business Partners who are interested understanding of Malaysia's e-invoice system, its scope and its implications for businesses and taxpayers.

METHODOLOGY

Interactive lectures, practical exercises & discussion on all relevant aspects and implementation of e-invoicing to ensure participants grasp clearly aspects presented.

COURSE CONTENT
9:00

Module 1: INTRODUCTION of E-invoicing

  • About e-Invoice
  • Recent Developments and Key Trends
  • Benefits of Adopting e-Invoice
  • Transaction Types
  • Scenarios and Types of e-Invoices
  • E-Invoice Implementation Timeline
  • E-Invoice Overview Workflow
  • E-Invoice Modelling


10.45 Module 2:  E-Invoice model via MyInvois Portal
  • Pre-Submission – e-Invoice Submission Requirements
  • Step 1 – Creation and Submission
  • Step 2 – e-Invoice Validation
  • Step 3 – Notification
  • Step 4 – Sharing of e-Invoice
  • Step 5, 6 and 7 – Rejection or Cancellation
  • Step 8 – Storing e-Invoices
  • Step 9 – Reporting and Dashboard Services for Taxpayers 

 

12.00

MODULE 3: E-Invoice model via API

  • Pre-Submission – e-Invoice Submission Requirements
  • Step 1 – Submission
  • Step 2 – e-Invoice Validation
  • Step 3 – Notification
  • Step 4 – Sharing of e-Invoice
  • Step 5, 6 and 7 – Rejection and Cancellation
  • Step 8 – Storing e-Invoices
  • Step 9 – Reporting and Dashboards Services for Taxpayer
  • Software Development Kit (SDK)
1:00 Lunch
2:00

MODULE 4 :UNDERSTANDING OF E -INVOICE

  • Transaction with buyers
  • Statements or bills on a period basis
  • Disbursement or Reimbursement
  • Employment perquisites and benefits
  • Certain expenses incurred by employee on behalf of the employer
  • Self-billed E-Invoice
  • Transactions which involve payments in monetary form to agents, dealers
    or distributors
  • Cross boarder transaction
  • Profit distribution
  • Foreign income
  • Currency exchange rate
3:45 MODULE 5: MANAGING RISK, TAX AUDITS, DATA SECURITY AND
PRIVACY MONITORING OF E-INVOCING
  • E- Invoicing: Preparing for digital reporting
  • Managing risk and tax audits
  • What are the big risks businesses will need to consider when implementing
    E-Invoicing
  • Which parts of business operations need to work together to ensure the
    seamless administration of E-Invoicing?
  • What is the expanded/new set of internal controls that need to be in
    place to reduce organizational compliance risks?
  • How can technology be leveraged to be able to manage and comply with the
    new requirements, and anticipate tax risks deriving from E-Invoices

 

 

MODULE 6: ASSESSING READINESS OF E-INVOICE

  • The impacts of personnel, resources and process
  • E-Invoicing: Impact on strategies and operations
  • Examples of E-Invoicing strategies
  • Key considerations when implementing E-Invoicing
  • Pre and post of the implementation of the
    E-Invoicing system
5:00 End of Course