Mastering E-Invoicing : a Comprehensive Guide for Malaysian Business

4.6

Course Objectives

At the end of this course, participants shall be able to:

  • Explain the fundamental concepts and significance of e-invoicing, including its impact on current business processes and the benefits it offers.
  • Navigate the regulatory framework and compliance requirements for einvoicing in Malaysia, including transaction types, affected parties, scenarios, and exemptions.
  • Familiarize themselves with different e-invoicing models, such as MyInvois and API, and confidently navigate the e-invoicing process through both portals , including the creation, submission, validation, and sharing of einvoices, while adhering to mandatory fields and file formats.
  • Assess their readiness for e-invoicing implementation, including data security and privacy monitoring, and identify the required fields for einvoices.
  • Effectively manage transactions with buyers, including scenarios where buyers require or do not require e-invoices, and handle statements or bills on a periodic basis.
  • Illustrate and relate real-life scenarios, demonstrating how E-Invoice requirements can be applied in different business circumstances.
  • Get the latest update regarding e-Invoice

Target Audience

Director, Manager, Executive, Officer

  • Finance Department
  • Accounting Department
  • Taxation Department
  • Compliance Officers
  • IT Department
  • E-Invoice Service Provider
  • Software Developer and Organization
  • Business Owners
  • Procurement Department
  • Supply Chain Department
  • Auditors
  • Legal Counsel

Methodology

The training methodology for this comprehensive e-invoicing course is designed to ensure maximum engagement and effectiveness for participants. It incorporates a combination of theoretical knowledge, practical demonstrations, case studies, and hands-on exercises to cater to different learning styles and enhance retention.

Each module begins with a clear and concise overview of the topic, followed by in-depth discussions on key concepts, such as regulatory frameworks, compliance requirements, and implementation timelines. Practical demonstrations provide participants with step-by-step guidance on navigating e-invoicing workflows through both MyInvois and API portals, ensuring they gain practical experience in using these platforms.

Case scenarios and example scenarios are utilized throughout the course to illustrate real-world applications and facilitate understanding. Additionally, interactive sessions encourage active participation and allow participants to ask questions, share experiences, and discuss challenges they may encounter during e-invoicing implementation.

The course culminates in a practical exercise with LHDN E-Invoicing, providing participants with an opportunity to apply their knowledge and skills in asimulated  environment under the guidance of trainer. Overall, the training methodology prioritizes practicality, interactivity, and real-world relevance to ensure participants are well-equipped to master e-invoicing in Malaysia.

Chat with us LIVE to get a

FREE QUOTATION!

THIS PUBLIC COURSE INCLUDES

*T&C Applies

Course Modules

Module 1: Overview of E-Invoicing

  • Introduction of E-Invoicing
  • Impacts in the current process due to mandatory of E-Invoicing
  • Benefits of E-Invoicing
  • E-Invoice Implementation Timeline
  • Regulatory framework and compliance requirements for E-Invoicing
  1. Transaction Types
  2. Who is affected by E-Invoice?
  3. Scenarios & Types of Invoices
  4. Exemptions from implementing E-Invoice

Module 2: Getting Ready for E-Invoicing

  • E-Invoice Overview Workflow
  • E-Invoice Model (MyInvois vs API)
  • E-Invoice Process via MyInvois Portal (Step by Step Guidance)
  • Case scenario by using MyInvois Portal
  • E-Invoice Process via API Portal (Step by Step Guidance)
  • Case scenario by using API Portal
  • Data Security and Privacy Monitoring by IRBM
  • Assessing Readiness of E-Invoice
  • List of Required Fields for E-Invoice
  • List of Mandatory and Optional Fields for E-Invoice

Module 3: Transactions with Buyers

  • Where the Buyer requires an e-Invoice
  • Where the Buyer does not require an e-Invoice
  • Certain activities that require e-Invoice to be issued for each transaction
  • Example scenarios to demonstrate each application

Module 4: Statements or Bills on a Periodic Basis

  • Issuance of E-Invoice to Buyer (with steps and example)
  • Issuance of Consolidated E-Invoice for Buyers who do not require
  • E-Invoice (with steps and example)

Module 5: Disbursement or Reimbursement

Module 6: Employment Pre-requisites and Benefits

Module 7: Expenses Incurred by Employee on behalf of the Employer

Module 8: Self Billed E-Invoice

Module 9: Transaction which Involve Payments (Whether in Monetary Form or otherwise) To Agents, Dealers or Distributors

Module 10: Cross Border Transactions

Module 11: Profit Distribution (eg: Dividend Distribution)

Module 12: Foreign Income

Module 13: E-Commerce Transactions

Module 14: E-Invoice Offences

Module 15: Practical Exercise with LHDN E-Invoicing

Chat with us LIVE to get a

FREE QUOTATION!

THIS PUBLIC COURSE INCLUDES

*T&C Applies

4.6

  • 63%
  • 31%
  • 6%
  • 0%
  • 0%
  • TW
    Tan Jia Wen
    Executive, Accounting and Finance

    5

  • TY
    TANG KA YAN
    Assistant Manager, Accounting and Finance

    5

  • YS
    Yeo Khai Seong
    Junior Executive, Accounting and Finance

    5

  • NM
    NURWAHIDA BINTI MHD MASTOR
    Junior Executive, Accounting and Finance

    5

    Nice trainer
  • LH
    Lim Lee Huang
    Assistant Manager, Accounting and Finance

    5

  • EA
    Effayushana Binti Che Abas
    Senior Executive, Accounting and Finance

    5

  • ZD
    Zuelliza Daud
    Junior Executive, Accounting and Finance

    5

    The trainer managed to deliver the topic about e-invoicing really well
  • TY
    TAN JIA YEE
    Executive, Accounting and Finance

    5

  • LS
    Latha a/p S.Kasayan
    Junior Executive, Accounting and Finance

    5

  • NA
    NURUL FATIHAH AHMAD
    Junior Executive, Accounting and Finance

    5

  • OS
    ONG KUAT SZE
    Senior Manager, Accounting and Finance

    4

  • KH
    Khoo Hooi Hiong
    Assistant Manager, Accounting and Finance

    4

  • No
    Noor Hafizah binti omar
    Junior Executive, Accounting and Finance

    4

  • NY
    NG JYR YUAN
    Executive, Accounting and Finance

    4

  • TC
    TAN POH CHING
    Junior Executive, Accounting and Finance

    4

  • PC
    Puah Yee Chwok
    Assistant Manager, Accounting and Finance

    3

    So far so good
OF 2Next

PARTICIPANT REVIEWS FOR THIS COURSE

Optimized by Optimole

MEMBERS ONLY FEATURE

Kindly sign-up or log-in to get access.

LOGIN

[nextend_social_login]

Login with your social account

or

Don’t have an account with us?

FREE FOR LIFE

Sign Up to Bookmark your Favourite Course
or Request for a Quotation instantly

[nextend_social_login]

Sign in with your social account

or

By signing up, you agree to our Terms of Use and Privacy Policy

Have an account with us already?