Latest Update (April 2024)

[01] COURSE INTRODUCTION 

In this comprehensive one-day training course, participants will embark on an in-depth exploration of e-invoicing, a critical component of modern business operations. From understanding the legal framework that governs electronic invoicing to mastering the end-to-end process of creating, transmitting, and managing e-invoices, this course is designed to equip participants with the knowledge and skills necessary to implement and benefit from e-invoicing. 

Through a blend of lectures, case studies, and interactive sessions, attendees will gain insights into the practical implications of e-invoicing for compliance, financial management, and business strategy. Whether you are looking to streamline your invoicing processes, enhance compliance with global standards, or explore the strategic benefits of e-invoicing, this course offers valuable learnings for professionals across various sectors. 

[02] COURSE OBJECTIVES 

By the end of this course, participants will be able to:
• Identify the key components of e-invoicing legislation and how they impact your business operations 

• Master the lifecycle of an e-invoice, from creation and validation to storage and sharing, ensuring efficiency and compliance 

• Recognize who is required to comply with e-invoicing mandates and understand the exemptions to effectively prepare your business 

• Handle complex scenarios such as foreign income, cross-border transactions, and self-billed e-invoices with confidence 

• Leverage e-invoicing to improve accounts receivable and payable processes, enhancing financial accuracy and efficiency 

• Develop strategies to use e-invoicing for tax compliance and anti-money laundering (AML) efforts, minimizing financial risks 

• Apply the knowledge of e-invoicing to inform business strategy and growth, recognizing the benefits beyond mere compliance 

• Extract actionable insights from e-invoicing data through reporting and dashboard services to make informed business decisions 

[03] METHODOLOGY 

• Interactive Workshop: Participants engage in practical exercises to apply their learning in real-world scenarios
• Q&A Session: An opportunity to address specific queries and clarify doubts regarding e-Invoicing implementation and management 

[04] DATE/ TIME/ FEE

- Date:       8 May 2024 (Wed)

- Time:       9.00am - 5.00pm

- Venue:     Doubletree by Hilton, Shah Alam i-City

Fee:  [HRD Corp Claimable]

 - Early Bird Offer (before 20 Apr 2024) – RM960

 - Special Offer (before 3 May 2024) – RM1050

 - Normal Fee – RM1140

- Fee includes Meals, Course Notes, Certificate of Completion and 8% Service Tax

** OFFER **

- 10% Cashback for SST2u Learner Card+ (SLC+) members. T&Cs applied.

[05] COURSE OUTLINE 

Module 1 - Introduction to E-Invoicing 

• Overview of E-Invoicing: Understanding what e-Invoicing is and its relevance in today’s digital accounting world 

• Legal Framework: A primer on the laws governing e-Invoicing, focusing on compliance and regulatory implications 

• E-Invoicing Process: Detailed breakdown of the e-Invoice lifecycle from issuance to storage 

Module 2 - E-Invoicing Operational Flow 

• Issuing E-Invoices: Guide on generating e-Invoices, including the essential 51 fields and annexures 

• Validating and Sharing E-Invoices: Procedures for ensuring e-Invoices are accurate and sharing them with relevant parties 

• Handling E-Invoice Discrepancies: Addressing rejections, cancellations, and corrections in e-Invoices 

• Storing and Reporting: Best practices for e-Invoice storage and leveraging dashboard services for reporting 

Module 3 - Practical Applications in Accounting 

• Integration with Accounts Receivable and Payable: How e-Invoicing streamlines invoicing and payments, impacting both receivables and payables 

• Self-Billed E-Invoices: Managing self-billing, especially for cross-border transactions, payments to agents, and profit distribution 

Module 4 - Special Considerations in E-Invoicing 

• Dealing with Specific Scenarios: Handling foreign income, disbursements vs. reimbursements, and consolidated e-Invoices 

• Understanding the LHDN Data Catalogue: Utilizing the Data Catalogue for compliance and better invoice management 

Module 5 - E-Invoicing Preparation and Compliance 

• Targeted Implementation Timeline: Understanding the phased approach to e-Invoicing implementation and key deadlines 

• Identifying Targeted Transactions and Exemptions: Knowing which transactions are covered and the exemptions available 

Module 6 - Impacts and Implications of E-Invoicing 

• Enhancing Business Strategy and Growth: Leveraging e-Invoicing for business efficiency & strategic advantage 

• Improving Tax Compliance and Preventing Frauds: How e-Invoicing aids in compliance and combating financial crimes 

End of Training 

[06] TRAINER PROFILE

WINSON HAN 

Chartered Accountant, Consultant, HRDF Certified Trainer 

CA (M) CA (ANZ) B COM

Winson Han is the independent Director of a Nasdaq listed Financial Services firm. He is a Chartered Accountant by profession and with over 40 years of experience having been a practicing accountant, company secretary, financial controller, and management / training consultant.
He begins his career in accountancy with 2 established firms of Chartered Accountants and served a total of 5 years in profession-al practice. He spent a total of 7 years in the corporate sector covering the construction, heavy equipment, and palm oil industries in Malaysia and Brunei.
He runs his own management firm from 1985 to 2002. He left professional practice and went into corporate training covering finance and accounting. He currently consults and advises companies to better manage their businesses through an integrated process covering strategic planning; tactical design, planning (financial and otherwise) and implementation; and monitoring, review, and analysis. Besides consulting, Mr. Han is actively involved in conducting public and in-house seminars in accounting, financial management and analysis, financial planning & budgeting, cost management, SST/GST and credit and cash flow management.
Mr. Han holds a degree in commerce from Nelson Marlborough Institute of Technology, New Zealand and is a member of Chartered Accountants – Australia New Zealand and Malaysian Institute of Accountants. He is a HRDC Accredited Trainer and was a RMCD’s GST Tax agent.

[07] ENQUIRY/ REGISTRATION

Email： yes@sst2u.com

Contact:

- General (03 - 8604 7270)

- Teo (011 - 3178 9203)

- Logesh (012 - 503 0346)

- Siti (012 - 383 8603)

- Han (019 - 323 0507)