e-Invoice – a digital representation of a transaction between a supplier and a buyer. e-Invoice replaces paper or electronic documents such as invoices, credit noted, and debit notes. The Lembaga Hasil Dalam Negeri Malaysia (LHDN) is set to implement the e-Invoice initiative in stages – in support of the growth of the digital economy and line with the 12th Malaysia Plan.
Benefits
- Reduce manual effort and human errors.
- Facilitate efficient tax filing.
- Streamline operational efficiency.
- Digitalize tax and financial reporting.
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