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Celebrating Our E-Invoice Success!

Breaking Barriers, Connecting Digitally! 

Dear valued clients and partners,

We are thrilled to announce that our accounting software has triumphed! ✨ We’ve successfully connected to the Malaysia IRB sandbox testing environment for e-invoice submission, streamlining your invoicing process and ensuring compliance with tax regulations.

Why is this a game-changer?

  • Efficiency: Say goodbye to manual paperwork! Our e-invoice solution automates the entire invoicing process, from creation to submission.
  • Accuracy: No more data entry errors. Our system ensures accurate and consistent invoices every time.
  • Real-time Validation: The IRB validates e-invoices in near real-time, giving you peace of mind.
  • Tax Compliance: E-invoices serve as valid proof of expenses for tax purposes.

How does it work?

  1. Create: Generate e-invoices effortlessly within our software.
  2. Validate: The IRB validates your e-invoice in a jiffy.
  3. Issue: Share the validated e-invoice with your clients.

What’s next?

  • Celebrate with us: Like this post and share your e-invoice success stories in the comments below!
  • Spread the word: Tag fellow business owners who could benefit from seamless e-invoicing.
  • Explore our software: Contact us for system demo!

Thank you for trusting us with your accounting needs. Let’s embrace the digital era together!

#EInvoiceSuccess #DigitalTransformation #AccountingSolutions #UnitySoftware

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Latest Guidelines for E Invoicing in Malaysia

On 6th April, IRB Malaysia has released the latest guidelines of E Invoicing.

https://www.hasil.gov.my/en/e-invoice/guidelines/

In the latest guidelines, Mak Cik Rosa is a roadside hawker and she is required to issue e invoice.

Is E Invoicing a myth or a reality?

Currently we work hard with IRB to make E Invoicing a reality. Stay tune.

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E-Invoicing for Developer Accounting Software

I know what you did last summer. With the introduction of e-Invoicing, the ambitious goals of Income Tax Department finally comes true. They will have access to your actions not only during the past summer but every minute and second. If your annual revenue exceeds 100 million, you must implement by 1st August 2024. If you are a property developer that launches new project and seeks for preparation for e-Invoicing, kindly contact us.

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About Payroll – Benefit In Kind (BIK)


If you need further details on declaring Benefit in Kind (BIK) for PCB Computation, especially on how to compute the value of BIK, kindly refer to the page below:

http://www.hasil.gov.my
(Employer –> Employer (Payroll) – Data Specification –> Specification for MTD Calculation Using Computerised Calculation for 2019)

http://lampiran1.hasil.gov.my/…/Spesifikasi_Kaedah_Pengiraa…

–> Page 17 and Page 18

Please refer to Public Ruling for detail explanation of BIK and VOLA respectively.

http://www.hasil.gov.my
(Legislation –> Public Ruling)

http://www.hasil.gov.my/bt_goindex.php…

Benefits in Kind –> Public Ruling No 3/2013 and Public Ruling 3/2017

VOLA (Value of Living Accomodation) –> Public Ruling No 3/2005 and Public Ruling 3/2017

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Sales Tax and Service Tax

Our Sales Tax and Service Tax Module is ready. The modules allow you to:

1. Create necessary Tax Code according to the needs of your industry.
2. Automate the Tax Code at transactions
3. Track the exemption details of your customer.
4. Track the exemption details provided to your supplier.
5. Drill from SST Reporting module to your report analysis and your source documents.

Please contact the Unity team for further details.