Finance Ministry: 7,400 companies adopt e-invoicing system, issuing 58 million invoices by mid-October

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E-Invoicing News

E-Invoice,Finance Ministry,Inland Revenue Board IRB

KUALA LUMPUR, Oct 23 — A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, 2024, according to the Ministry of Finance...

Room for the third vote: What is the Federal Capital Act 1960, and why is PAS attacking DAP over calls to amend it?‘He’s like a brother to me’: Kedah MB’s aide says he hugged it out with trader after viral altercation claimsTo ensure smooth e-invoice management, the IRB has introduced the batch upload function, and the details are available on the user guidelines on the MyInvois portal.

“The full implementation will begin on July 1, 2025, involving all businesses, including micro, small, and medium enterprises ,” the ministry said in a written reply published on Parliament’s website yesterday. “A unique identification number will be assigned to each verified e-invoice, allowing the Inland Revenue Board of Malaysia to track transactions during audits, ensuring no alterations, fraud, or forgery of the e-invoice.

 

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