• Understand what actually is E-Invoice and what does it entail.
• Understand the mechanism of E-Invoice.
• Apply E-Invoice for different types of Business Transactions.
• Prepare and get ready for E-Invoice implementation.
• Gain guidance on actions to be taken to capture revenue and cost for your business operation and for tax purposes.
• Definition and comparison with current invoicing practices
• Global trends and Malaysian implementation phases
• Grace period actions and timing of issuance
• Required fields and transaction classification codes
• Tax type disclosures and exemptions
• IRB’s MyInvois (cloud-based) vs API model
• Creation, validation, rejection, and cancellation processes
• Notification handling and dashboard usage
• Director’s role and representative appointment
• Individual vs consolidated e-Invoice
• Self-billed scenarios (commissions, e-commerce, imports)
• Periodic transactions and industry-specific rules
• Employee claims, reimbursements, interest, rental, and more
Physical Appearance
This one-day course introduces the e-Invoice system mandated by LHDN, highlighting its impact on accounting and business operations beyond tax compliance. It equips participants with essential knowledge to apply e-Invoice correctly across various transactions and avoid pitfalls during and after the grace period.
• Entrepreneurs, Business Owners & Directors
• Accountants, Accounts Executives, and Accounting Staff
• Company Secretaries and Secretarial Assistants
• Functional Staff from Sales, Purchasing, HR, General Admin
• Managers, Executives, and anyone involved or interested in e-Invoice compliance
Copyright © 2024 NOVAS GROUP | Powered by NOVAS GROUP
