Professional Documents
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IRBM to record:
1. Proof of Income: This document is issued whenever a sale or other transaction is
made to recognise income of taxpayers; and
Mandatory
Mandatory
implementation for
Launch of pilot implementation for Mandatory
taxpayers with an
programme by 50 taxpayers with an implementation for all
annual turnover or
companies annual turnover or other taxpayers
revenue between
revenue of >RM100m
RM25m to RM100m
DIGITALIZATION ROADMAP – FINANCE
PLATFORM SYNCHRONIZATION
• E-Invoicing
• NADI Group • Migration to a 4th
• Group Financial Collaboration and
• Data Analytics &
Generation ERP AI Deployment
Reporting Workspace EcoSystem
System
DIGITALIZATION ROADMAP – FINANCE PLATFORM
SYNCHRONIZATION
__________
LEGACY ________________________
NEXT GEN SYSTEMS (MODULES)
• Operations
• Current/Old Enterprise • Finance Module • Supply Chain Management
• Enterprise Server • Budgeting & • Inventory Management
• MS Excel Reporting • Procurement
• Accounting AR/AP • Transportation
• Manufacturing System
Enterprise Cloud
CAPEX Data Migration OPEX
Task Force Timeline
28 Nov 2023 11 Jan 2024
•MS Dynamics GP • NADI EXCO
• Online
Presentation & approval
Webminar • Task Force Quotation • Task Force
Meeting #1 Meeting #2
18 Oct 2023 5 Dec 2023 17 Jan 24
GOM /
Billing & Process Flow
ICP
GOM /
User Testing Phase
Finance
END-USERS
End-Users
Issues to discuss:
• FINANCE : 11
• Control / Authorization to generate invoice
• MIS : 3
• Authorization Level / Approval of Invoice and
• GOM : 4
• ICP 1 :
submission to customers
• BOMBA : 1 • Hardcopy for physical records
• SCS : 1 • Snapshot / Dashboard
• AIROD ALOR SETAR : 1 • Reporting
IRBM Updates
e-Invoice Software Development Kit (SDK)
Beta Version (released on 9 February 2024)
“Application Programming Interfaces (APIs) • Standard inputs dan outputs • Standard kod ralat •
Penerangan jenis dokumen • Logik pengesahan • Jadual kod • Garis panduan integrasi • Soalan lazim
(FAQ)”
Pengarah Seksyen Operasi Dasar, Jabatan Operasi Cukai LHDN Dr Rasyidah Che Rosli berkata
lebih 50 syarikat telah mengesahkan penyertaan mereka bagi proses pengujian sistem berkenaan.
“Kita terbuka jika ada lagi syarikat yang mahu terlibat dalam projek perintis e-invois.
Sebanyak 4,000 syarikat yang mempunyai pendapatan melebihi RM100 juta disasarkan menjadi
kumpulan pertama untuk terbabit dalam pelaksanaan e-invois yang akan dilaksanakan mulai 1 Ogos,
2024.
“Boleh saya katakan kebanyakan mereka telah membuat persediaan untuk melaksanakan e-
invois. Cabarannya adalah untuk memastikan sistem sedia ada dapat diintegrasi dengan sistem
percukaian LHDN.
E-Invoice Specific Guidelines
1. Transactions with buyers.
E-Invoice Specific Guidelines
2. Disbursement or Reimbursement.
E-Invoice Specific Guidelines
3. Employment Perquisites and Benefits .
a) Employees’ pecuniary liabilities (e.g., utility bills, parking fees, and car maintenance charges)
b) Club membership
c) Gym membership
d) Professional subscriptions
e) Allowances (e.g., travelling allowance, petrol allowance or toll rate, parking rate/ allowance, meal
allowance)
Such expenses include, but not limited to, accommodation, toll, mileage,
parking, telecommunication expenses, expenses incurred in a foreign
country
Self-billed E-Invoice
E-Invoice Specific Guidelines
6. Cross Border Transaction.
Self-billed E-Invoice
For importation of goods, the Malaysian Purchaser should issue a self-billed e-Invoice upon
obtaining customs clearance
For Services, self-billed e-Invoice should be issued upon (1) payment made by the
Malaysian Purchaser; or (2) receipt of invoice from foreign supplier, whichever earlier.
E-Invoice Specific Guidelines
7. Cross Border Transaction.
- transaction between a foreign buyer and a Malaysian supplier
Upon a sale or transaction being concluded, the Malaysian Seller will issue an e-Invoice
to Foreign Purchaser to record the transaction e.g., sale of goods or provision of services
E-Invoice Specific Guidelines
8. Profit Distribution.
- profits to its shareholders issues dividend vouchers or dividend warrants to its shareholders.
Taxpayers in other forms of legal entity (e.g., trusts, unit trusts, etc.) adopt similar practice.
Upon implementation of e-Invoice in Malaysia, taxpayers that are not entitled to deduct tax under
Section 108 of the Income Tax Act 1967 as well as taxpayers who are listed on Bursa Malaysia will be
exempted from issuing self-billed e-Invoice on dividend distribution. Correspondingly, their
shareholders are not required to issue an e-Invoice for proof of income.
However, taxpayers other than those mentioned above are required to issue self-billed e-Invoice to
document the expense.
E-Invoice Specific Guidelines
9. Foreign Exchange.
i. Supplier may submit the e-Invoice in the relevant foreign currency and the applicable currency
exchange rate, without the RM-equivalent;
ii. Supplier may submit the e-Invoice in the relevant foreign currency and the applicable RM-
equivalent, without the currency exchange rate; or
iii. Supplier may submit the e-Invoice in the relevant foreign currency, the applicable RM-equivalent
along with the currency exchange rate.
Billing/Invoicing Process Flow
Billing/Invoicing Process Flow
OTHER MATTERS
Challenges?