[01] COURSE INTRODUCTION 

The primary goal of this workshop is to help professionals in developing sound financial knowledge to understand the latest E Invoicing. To support growth of the digital economy, the government intends to implement e-Invoicing in stages in effort to enhance the efficiency of the country's tax administration management. 

The implementation of e-Invoicing will improve the quality of services and reduce compliance costs to taxpayers, while increasing the efficiency of business operations, as was announced by the Ministry of Finance.

[02] METHODOLOGY 

Lectures, group discussion, case studies, Q&As. 

[03] COURSE OBJECTIVES 

By the end of this course you will be able to understand: 

• Overview of the E-Invoicing Model
• Scope of Implementation
• Understand E-Invoicing Implementation Timeline 

• Reasons behind implementation of E-Invoicing 

• E-Invoicing Process Flow
• Impact on business operations 

[04] WHO SHOULD ATTEND 

Accounts executive, Senior Account executives, Supervisors, Account assistants and all professionals who are interested in E-Invoicing. 

[05] DATE, TIME & FEE

Date:           13 September 2024 (Fri)
Time:           9.00am - 5.00pm
Mode:          Online/ Interactive

Fee:  [HRDF CLAIMABLE]

   - Early Bird Offer (before 26 Aug 2024)      –      RM640
   - Special Offer (before 9 Sep 2024)      –      RM670
   - Normal Fee      –      RM700

>> Fee incl. Course Notes, Certificate of Completion and 8% Service Tax

** OFFER **

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

[06] COURSE OUTLINE 

Module 1: Overview of the e-Invoice Model

• Introduction E- Invoicing
• Benefits of e-Invoice
• Overview of the e-Invoice Model 

Module 2: e-Invoice Implementation 

• e-Invoice Implementation Timeline 

• e-Invoice Guideline and Catalogue 

Module 3: Discussion on E invoicing 

• Is E-Invoice Applicable to Transactions in Malaysia Only? 

• What Are the Thresholds For E-Invoice Implementation to Be Applicable to Taxpayers? 

• Are All Industries Included in the E-Invoice Implementation? Are There Any Industries Exempted? 

• Will All Businesses Be Required to Issue E-Invoice? 

• Is There Any Adjustment Window Allowed to The Supplier to Cancel an Invoice Submitted to Irbm? 

• How Do Taxpayers Issue An E-Invoice to A Non-Tin Holder Such as Foreign (Non-Malaysian) Buyers? 

• What Is the Timeframe to Issue E-Invoice Adjustments (I.E., Debit Note and Credit Note) After The 72-Hours Validation Period? 

• Prior To Full Implementation, There May Be Suppliers Who Do Not Issue E-Invoice as They Have Not Reached the Mandatory Implementation Phase / Date. In This Situation, Will Irbm Accept Normal Invoices Issued by These Suppliers? 

• Does The Myinvois Portal Allow For E-Invoice to Be Created and Stored in Draft Form Prior To Finalisation and Issuance? 

• Does The Myinvois Portal Allow For E-Invoice to Be Created and Stored in Draft Form Prior To Finalisation and Issuance? 

• What Does IRBM Validate in the E-Invoice? 

• Will The Supplier’s Invoice Number Remain in The Invoice Document or Will a Different Invoice Number Be Assigned by Irbm Upon the Return of The Validated E-Invoice to The Supplier? 

• In Relation to Acquisition of Goods from Foreign Suppliers, When Will the Malaysian Buyers Be Required to Issue a Self-Billed E-Invoice? 

Module 4: Issues Raised (Part 1)

• Disbursement or Reimbursement 

• Employment Perquisites and benefits 

• Certain Expenses incurred by Employee on behalf of the Employer 

• Self – Billed e-Invoice 

• Parties of Self-Billed E-Invoice 

• Transactions which involve payments in Monetary Form to Agents, Dealers or Distributors. 

• Cross Border Transactions 

• Profit Distribution (Eg. Dividend Distribution) 

• Consolidated e-invoice 

• Buyer’s Details in Consolidated E-Invoice 

Module 5: Issues Raised (Part 2)

• Proforma deposit
• 72 hrs dateline
• Collecting Information from Suppliers & Customers 

• CN, Trade Discount, free sample
• Transition period
• P&L Reconciliation
• Refund Note
• Delivery vs Billing
• Bad debts
• Inter company Transactions
• Construction
• Migrant workers
• Directors 

Module 6: Specific Application 

• Cybersecurity
• List of General TIN
• Buyer’s Details for Transaction with Individuals 

• Data Security and Privacy Monitoring by IRBM 

Module 7: Strategies Implementation 

• Checklist For E-Invoicing System 

• Trial Run Environment 

Recap and Q&As 

End of Training 

[07] TRAINER PROFILE 

DR. STEVEN LIEW 

HRDF Certified Trainer, Consultant 

Dr Steven Liew is a fellow member of the Chartered Institute of Management Accountants, UK and is a Chartered Accountant by profession. He has an Asia Pacific Executive MBA (for senior executives) from the National University of Singapore and a PhD in international finance with Rushmore University of USA. 

Dr Liew had worked in private sector companies, ranging from family-run businesses to professionally managing multi-national corporations in South Asia and the ASEAN region. He has accumulated more than 30 years working experience in senior financial & operational management positions spearheading the profitability and growth of companies. He has worked for the MBF Finance & its related group of companies over the 10 years period. 

He is a registered Trainer with the Government Human Resources Development Berhad (Pembangunan Sumber Manusia Berhad). And he is a GST Tax Consultant and has successfully completed the Custom examination. 

Dr Steven Liew had conducted various seminars for corporate clientele including Association of Credit Management Malaysia, Chartered Institute of Management Accountants, Malaysia Institute of Management, Malaysia Institute of Accountants, Institute of Bank Bank Malaysia, Nestle, IQPC Worldwide Pte Ltd , Singapore, Lexis Nexis,, Proton Edar Malaysia , Brunei Investment Agency, Small Medium Industries Development Corporation , Ministry of Development, Brunei , BICPA Asean Management, Brunei, Risda Group Of Companies, Sales & Marketing Training Forum, Sri Lanka, Giant Retail Sdn Bhd, Telekom Brunei & Ministry of Foreign Affairs, Malaysia, Sabah Electricity Sdn Bhd, Bank Islam Brunei Darussalam. Continental Tyres, Sime Darby Bhd ,Sony Malaysia Sdn Bhd , Perodua Sdn Bhd & Credit Guarantee Corpo- ration (M) Bhd; Fujixerox, UDA Holdings, SPNB, Diners Club, Elk Desa Capital Bhd, Antah Schindler, UCSI & Ministry of Finance; Seccom Sdn Bhd; Bridgestone Chemical Products (M) sdn Bhd; Dialog Group Bhd; SEDCO, KK ; Hosiden Electronics (M) Sdn Bhd; STO Maldives; Indah Water Consortium Sdn Bhd; CPA Australia (M) Sdn Bhd. 

He is currently providing management consultancy and training specializing in Fast closing monthly, leadership, Strategic Planning, Sales Management, budgeting, accounting, finance, Cost reduction, credit management & loan recovery. 

[08] ENQUIRY & REGISTRATION 
Enquiry: yes@sst2u.com
Contact:

   - Whatsapp Only (012 - 824 8874)
   - General - (03 - 8604 7270)
   - Teo (011 - 3178 9203)
   - Logesh (012 - 503 0346)
   - Siti (012 - 383 8603)
   - Han (019 - 323 0507)
   - Nisa (019 - 851 5134)