Illustration 17: Business tenants have to issue self-billed e-Invoice on rental and utility bills if landlord does not conduct business
Example based on Illustration 17: Sarah, an individual who is not conducting a business, owns a commercial shop lot in Kuala Lumpur. She rents this shop lot to Tech Grow Solutions Sdn Bhd, an IT company. The monthly rent is RM5,000, and the utility bills (registered under Sarah’s name) average RM800 per month. In this […]
Are consolidated self-billed e-Invoices still allowed after the grace period?
Are consolidated self-billed e-invoices still allowed after the grace period 1. Introduction: This post addresses the question of whether businesses can continue to issue consolidated self-billed e-invoices for purchases from individuals not conducting business after the 6-month grace period. 2. Self-Billed E-Invoice Circumstances: As per the e-invoice specific guideline paragraph 8.3, there are only 8 […]
Which party should issue the e-Invoice? using TNG eWallet for payments
In the scenario where merchants or financial partners use the TNG eWallet for payments, purchases of financial products, or services, the responsibility to issue e-Invoices falls on the party providing the goods or services. Here are a few examples to clarify: Example 1: Retail Purchase Merchant: ABC Grocery Store User: John uses TNG eWallet to pay for his groceries at ABC […]
Who can access e-Invoice from Merchant Dashboard?
Here’s an example to explain who can access e-Invoices from the TNG Merchant Dashboard: Example: Coffee Shop Owner Merchant: Jane owns a coffee shop called “Brew Bliss” and uses TNG eWallet to accept payments from her customers. Business Scenario:Customers pay for their coffee using TNG eWallet.After each transaction, an e-Invoice is generated for record-keeping. Accessing e-Invoice: Who […]
Mastering e-Invoices: Transactions between Collecting Centres and Plantation Companies/Small Plantation Owner
Mastering e-invoices: A best practice guide for transactions between Collecting Centres and plantation companies The handling of e-invoices for transactions between plantation companies and Collecting Centres does require consideration of different scenarios: 1. Small Plantation Owner situation: If the seller is a smallholder (individual, not a company), the Collecting Centre can issue a self-billed e-invoice. […]
Do I need to prepare a self-billed e-Invoice for an agent iPhone and a travel reward?
Do I need to prepare a self-billed e-invoice for an agent’s iPhone and travel rewards? Just a very good question, which touches on the treatment of non-monetary incentives. For this, we need to refer to the classification code file, in particular code 045, which is specifically for non-monetary incentives. Let’s analyse this situation in detail: […]
Key differences between credit notes and refund notes
In the Malaysian e-invoicing system: Both credit notes and refund notes need to be issued as e-invoices. They should reference the original e-invoice number when applicable. Understanding these differences is crucial for proper accounting, tax reporting, and maintaining accurate financial records in the e-invoicing era. 在马来西亚电子发票系统中： 贷方凭证和退款凭证都有可能需要开出。 在适用情况下，它们应参考原始电子发票编号。 在电子发票时代，了解这些差异对于正确进行会计核算、税务报告和维护准确的财务记录至关重要。
Accessing Guardian’s E-Invoice Portal: A User Experience
Accessing Guardian’s E-Invoice Portal: A User Experience Recently, I attempted to retrieve an e-invoice for an in-store purchase from Guardian through their e-invoice portal. What I encountered was an unexpected challenge that I believe other customers should be aware of. Guardian provides a seemingly straightforward procedure for accessing e-invoices: Step 2 of their instructions asks […]
Do we need to issue an e-Invoice upon sale/giveaway of vouchers?
E-Invoice Requirements for Sale and Giveaway of Vouchers 1. Introduction: Implementing e-invoices in Malaysia has raised questions about how to handle the sale and distribution of vouchers. This sharing post aims to clarify when e-invoices are required for voucher transactions based on the guidelines provided by the Inland Revenue Board of Malaysia (IRBM). 2. General […]
Illustration 6: Submission of e-Invoice can be done via MyInvois Portal on an individual basis
I’ll explain Illustration 6 using a simple example and provide some advice for businesses. Example explanation: Let’s say Bobby owns a small electronics shop called “Kedai Elektronik Smart Gadget”. One day, a customer named Tina comes in to buy a smartphone. 1. Tina buys the smartphone and asks Bobby for an e-invoice. 2. Bobby does […]
