INTRODUCTION

With Malaysia’s adoption of E-Invoicing starting 1 August 2024, businesses and taxpayers are facing a wave of new questions and challenges. The complexity of transitioning to an E-Invoicing system varies depending on a business’s size, nature, and operational intricacies, making early preparation essential.

This comprehensive and up-to-date training course is tailored to provide actionable insights into adopting and implementing E-Invoicing effectively. Designed for a seamless rollout, it equips participants with the tools and knowledge to navigate potential pitfalls and challenges.

A successful E-Invoicing implementation demands a strategic and well-informed approach. This course ensures that businesses are fully prepared to transition smoothly by addressing critical implementation issues, identifying solutions, and fostering compliance—all while supporting Malaysia’s taxation transformation journey.

COURSE OBJECTIVES

• To provide participants with a comprehensive understanding of the Malaysia’s E-Invoicing system, its features, functionalities scope and its implications for businesses and taxpayers

• To educate participants about the legal and regulatory frameworks governing E-Invoicing to ensure compliance

• To understand how the E-Invoicing system integrates with other organizational systems, such as accounting software

• To develop an action plan for the implementation of the E-Invoicing system

• Understand the role of E-Invoicing in Malaysia’s taxation transformation journey

• Get practical tips for overcoming challenges in E-Invoicing implementation

METHODOLOGY

Interactive training, practical exercises & discussion on all relevant aspects and implementation of E-Invoicing to ensure participants grasp clearly aspects presented.

WHO SHOULD ATTEND

This course is designed for

• Directors and Business Owners

• IT Manager

• Management

• Account Manager

• Accountants

• Business partners who are interested understanding of Malaysia's E-Invoicing system, its scope and its implications for businesses and taxpayers.

[05] DATE, TIME & FEE

Date:           26 December 2024 (Tue)
Time:           9.00am – 5.00pm

Venue:        Ixora Hotel, Prai

FEE

[ HRDF Claimable ]

   - Early Bird Offer (before 7 Dec 2024) – RM 840
   - Special Offer (before 21 Dec 2024) – RM 890
   - Normal Fee – RM 940

>> Fee includes Course Notes, Meals, Certificate of Completion & 8% Service Tax

** OFFER ** 

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

COURSE OUTLINE

Module 1: General and Latest Frequency Asked Questions

• Scope and process

• Issues of E-Invoicing: Latest update

• Validation of E-Invoices

• Sharing of E-Invoicing

• Adjustments to E-Invoicing

• E-Invoicing treatment for certain transactions

• Transitional period

• Import and export of goods and services

• E-Invoicing for MSME

• E-Invoicing treatment during interim relaxation points

• Systems, data security and privacy

Module 2: Income Tax (Issurance Of Electronic Invoice) Rules 2024

• Citation and commencement

• Issuance of electronic invoice

• Particulars in electronic invoice

Module 3: Managing Risk, Tax Audits, Data Security and

Privacy Monitoring Of E-Invoicing

• E-Invoicing and Digital Reporting: Preparing for seamless digital reporting.

• Risk and Audit Management: Identifying and managing key risks and tax audits.

• Business Risks: Recognizing critical risks in E-Invoicing implementation.

• Operational Integration: Aligning business operations for smooth E-Invoicing administration.

• Enhanced Internal Controls: Establishing controls to reduce compliance risks.

• Leveraging Technology: Utilizing technology to meet new requirements and anticipate tax risks

Module 4: Assessing Readiness Of E-Invoicing

• The impacts of personnel, resources and process

• E-Invoicing: Impact on management and operations

• Preparing for the E-Invoicing

• Best practices

Module 5: Gap Assessment for E-Invoicing Implementation

• E-Invoicing strategies and examples

• Key considerations when implementing E-Invoicing

• Pre- and post-implementation of the E-Invoicing, including

common issues

• Best practices

• Key assessment for E-Invoicing implementation

• Capital allowance benefits

• Summary of tax incentives/ grant in relation to implementation of E-Invoicing

Q&A Session

End of Training

[07] TRAINER PROFILE 

DR WENDY TEE 

HRD Corp Certified Trainer 

Dr Wendy Tee has over twenty years of experience in senior management and human resources positions for diversified industrial and business environments. Graduated with a Doctor of Business Administration (UUM), Master of Business Administration (UM), Master of Information Technology (UM), Certified Financial Planner (CFP), Certified Business coach (UM), Registered Financial Planner (RFP), HRD CORP Accredited Trainer (HRD Corporation) and Certified Advance Human Resource Practitioner (MIHRM. 

Dr Wendy is actively involved in management training and lecture. Her latest responsibility involves the lecturing of Executive Master Business Administration (EMBA) for Universiti Teknologi (SPACE) and Financial and Investment Degree programs for Tunku Abdul Rahman University of Management & Technology. She has experience managing training programs cover from local universities, in house training and  public seminar training. 

Dr Wendy is a licenced financial planner currently registered with Malaysian Financial Planning Council (MFPC). Her responsibility involves the corporate training, financial training, management and human resource consultancy, management and financial advisory. 

Dr Wendy is also a Human Resource consultant and certified trainer now appointed from Harrison Assessment Talent solutions (HATS), Pembangunan Sumber Manusia Berhad (PSMB) and National Human Resources Centre (NHRC), providing comprehensive and independent Human Resource advisory to clients. In addition to consulting with and servicing clients, she is responsible for HR assessment, HR training, coaching & advisory for the company. In the area of Human Resource Management, Wendy focuses on Understanding Malaysian Employment Laws, Strategic Talent Management, Training and Development Management, Performance Management, Payroll Management, HR Tax planning and Setting Departmental & Inter Departmental Key Performance Indicators (KPIs). 

Dr Wendy completed and passed her GST and SST exams organized by Chartered Tax Institute of Malaysia (CTIM) with the cooperation and support from the Royal Malaysian Customs Department (RMC). She has trained more than 80 SME companies in Malaysia for getting prepare on the post implementation of GST and SST, mainly dealing with the tax authorities over various indirect tax issues, elements and scope of indirect tax, cycle and operations, rulings, registration, administration, audit and investigations on behalf of her clients. 

Dr Wendy is also actively involved in E-Invoicing research, training and implementation. 

[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)
   - Nisa (019 - 851 5134)