[01] COURSE INTRODUCTION

The Inland Revenue Board of Malaysia (IRBM) has officially announced the phased implementation of the new Electronic Invoice (e-invoice) system, marking a pivotal shift in business transactions. Under Section 82 of the Income Tax Act 1967, e-invoicing will gradually roll out starting from August 1, 2024, with full enforcement slated for 2025.

This initiative aims to bolster efficiency in business transactions and compliance with tax regulations, impacting logistics companies, freight forwarders, transport operators, warehouse service providers, and other stakeholders in the supply chain.

Recognizing the significant shift, this e-invoice course is tailored for the logistics industry, offering a comprehensive checklist, delving into crucial aspects such as system integration with MyInvois, handling multi-party transactions, customs clearance, tax compliance (SST), cross-border invoicing, and operational impacts.

[02] COURSE BENEFITS

Upon completion of this training session, participants will gain the following skills and knowledge:

• Proficiency in navigating the lifecycle of an e-invoice, including its creation, validation, storage, and sharing, ensuring operational efficiency and regulatory compliance in logistics operations

• Ability to avoid penalties and reduce errors by adhering to best practices in e-invoicing management for freight forwarding, customs clearance, and transport services

• Enhanced capability to handle complex invoicing structures involving multi-party logistics transactions, ensuring accuracy and tax compliance

• Improved efficiency and effectiveness in logistics operations through optimized e-invoicing practices

• Understanding of tax implications, exemptions, and SST classifications for different logistics services, including import/export transactions

• Application of e-invoicing knowledge to inform business strategies and foster operational improvements beyond mere regulatory compliance

[03] COURSE OBJECTIVES

This training helps logistics companies, supply chain managers, accountants, finance professionals, and operations teams under- stand the intricacies of e-invoicing in the logistics sector. By providing comprehensive guidance and practical insights, attendees will be equipped with the knowledge and skills necessary to effectively manage logistics and financial processes amidst the transition to electronic invoicing, thereby minimizing disruptions and maximizing efficiency.

[04] WHO SHOULD ATTEND

This course is designed for professionals in the logistics industry who are involved in financial transactions and invoicing processes, including:

• Business Owners and Directors

• Top Management

• Accountants and Finance Professionals

• Operations Managers

• IT Personnel

• HR & Administration

[05] DATE, TIME & FEE

Date：         25 March 2025 (Tue)
Time：         8.30am - 4.30pm
Mode：        Online/ Interactive

FEE

[ HRDF Claimable ]

   - Early Bird Offer (before 11 Mar 2025) – RM 720
   - Special Offer (before 22 Mar 2025) – RM 760
   - Normal Fee – RM 800

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

** OFFER ** 

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

[06] COURSE OUTLINE

Module 1 - Understanding E-Invoicing in Logistics

• Definition and Concept of E-Invoicing

• Objectives and Benefits for the Logistics Industry

• Entities Covered by E-Invoicing Regulations

• Optimal Timing for Implementation

Module 2 - Planning for E-Invoicing Rollout in Logistics

• Preparing Invoices, Credit Notes, and Debit Notes

• Fields of information needed

• Evaluating IT Infrastructure Requirements for Logistics

• Operational Readiness Assessment for Freight Forwarders, Transporters, and Warehouses

• Potential Negative Impacts on Business Operations

Module 3 - Background and Benefits of E-Invoicing for Logistics

• Enhancing Tax Revenue Contributions

• Facilitating Real-time Business Transaction Analysis for Transport Services

• Mitigating Tax Leakages and Improving Compliance

• Ensuring Proper SST Reporting for Freight & Logistics

• Aligning with Customs and Tax Regulations

Module 4 - Transactions Affected by E-Invoicing Implementation in Logistics

• Logistics-Specific Transactions Covered Under MyInvois

• Cross-border Transactions and Customs Integration

Module 5 - Scenario Analysis and E-Invoice Types in Logistics

• Implications for Imports and Exports

• Adjustment Processes

• Refund Applications

• Disbursement and Reimbursement Procedures in Freight Forwarding

Module 6 - Lifecycle of E-Invoicing in the Logistics Industry

• Issuance of E-Invoice for Freight and Transportation Services

• Validation and Notification

• Sharing and Rejection Procedures for Multi-Party Invoicing

• Utilization of MyInvois Portal for Logistics Businesses

Module 7 - Implementation Strategies and Addressing Issues

• Application Scenarios for Logistics Service Providers

• Adjustment Periods for Transport and Freight Companies

• Editing and Storage Protocols

• Handling Sequential Numbering for Large-Volume Transactions

• Management of Consolidated E-Invoices for Freight Movements

• Reporting and Compliance Procedures for Tax and Customs

• Handling Transactions with Agents, Subcontractors, and Distributors

• Issuing and matching e-invoices across multiple entities (e.g., between a logistics company and a multinational client)

• Management of Overseas Income / E-Invoicing for Foreign Transactions

• Drivers and ground staff may struggle to understand how e-invoicing applies to cash-based transactions (e.g., toll charges, fuel reimbursements)

Module 8 - Impact on Accounting Practices in Logistics

• Changes Expected in Accounts Receivable (AR) for Logistics Firms

• Changes Expected in Accounts Payable (AP) for Transport and Freight Businesses

• Testing E-Invoicing Integration in ERP and Logistics Software

Module 9 - Exemptions and Special Cases in Logistics

• Transactions Exempt from E-Invoicing

• Handling Complex Tax Scenarios for Transport and Warehousing

Q&A Session and Conclusion

End of Training

[07] TRAINER’S PROFILE

ERIC CHEONG

HRD Corp Accredited Trainer

Cheong graduated from University Science Malaysia with a Degree in Social Science (Major in Economics). He is a specialist trainer in accounting, finance, taxation and investment.

[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)

Learn more about E-Invoicing Here