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E-Invoice: Essential Basics and Practical Guide to MyInvoice Portal

What You'll Learn

  • Learn what e-invoicing is and how it's different from paper invoices.
  • Understand the legal rules and requirements for using e-invoices.
  • Learn how to create, send, and manage e-invoices effectively.
  • Discover how to keep track of e-invoice performance

Course Content Overview

  • Understanding E-Invoicing:
    – Definition of E-Invoicing and Its Role in Modern Business
    – Evolution from Paper Invoices to E-Invoices
    – Benefits of E-Invoicing
  • Overview of E-Invoicing Systems:
    – Mandatory Fields and Information Required on E-Invoices
    – Ensuring Accuracy and Consistency in E-Invoice Data
    – Key Components of an E-Invoicing System
    – Introduction to the MyInvoice Portal as Malaysia’s E-Invoicing Platform
  • E-Invoice Specific Guidelinse
    – Explaining the 13 specific Guidelines
  • Data Security and Privacy :
    – Safeguarding Sensitive Business and Client Information
    – Adhering to Data Protection Laws in E-Invoicing
  • Introduction to MyInvoice Portal :
    – Key Features of the MyInvoice Portal
    – Navigating the MyInvoice Dashboard and Tools
    – Setting Up and Configuring Your Business Account
  • Integrating with APIs :
    – Understanding API Basics for E-Invoicing
    – Integrating MyInvoice with ERP and Accounting Systems
    – Automating E-Invoice Creation, Submission, and Tracking Using APIs
  • Getting Started with MyInvoice :
    – Registration Process and Setting Up User Profiles
    – Configuring Business Details and Preferences
    – Overview of the User Interface and Dashboard Functions
  • Creating and Managing E-Invoices :
    – Step-by-step Guide to Generating an E-Invoice on MyInvoice
    – Customizing Invoice Templates to Fit Business Needs
    – Tracking Invoices : Status, Payment, and Notifications

Requirements

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Description

E-invoicing is a modern invoicing method where invoices are created, transmitted, and processedelectronically, offering significant benefits like increased efficiency and reduced errors. Key aspectsinclude ensuring compliance with legal and tax regulations, choosing a reliable e-invoicing platform, andadopting standardized formats to facilitate smooth communication with partners and tax authorities. It’scrucial to implement proper security measures to protect sensitive financial data and to train your teamto handle the new system effectively.
Attending this training offers several benefits, including improved efficiency by streamlining invoicing processes and reducing manual effort. It helps minimize errors and ensures compliance with regulatory requirements. The training also covers essential security practices to safeguard financial data and highlights cost-saving opportunities by enhancing invoicing accuracy and speed. Additionally, it equips you with the skills to effectively train your team, ensuring they can use the e-invoicing system proficiently.

Who this course is for

The training is ideal for finance and accounting professionals, business owners and managers, compliance officers ensuring regulatory adherence, and administrative staff who handle invoicing tasks. This diverse group will benefit from understanding how to implement and manage e-invoicing effectively within their organization

You may download the course detail, trainer profile and leaflet by click download button below

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