Save Time and Reduce Errors with Our Automated E-Invoicing Solution
Save Time and Reduce Errors with Our Automated
E-Invoicing Solution
ABOUT STQ MYINVOIS
Your Compliance-Ready E-Invoicing Solution
STQ MYINVOIS by Strateq is a powerful, compliance-ready software solution designed to seamlessly connect, integrate, send, and store e-invoice data in accordance with LHDNM regulations. Say goodbye to manual workflows and human error – STQ MYINVOIS ensures full regulatory adherence with ease.
From start to finish, the invoicing process is fully automated, saving valuable time and significantly reducing costly mistakes. By consolidating and unifying workflows within the LHDNM system, STQ MYINVOIS offers greater control, enhanced financial efficiency, and audit-ready accuracy – all on one robust platform.
But STQ MYINVOIS is more than just a tool – it’s your strategic partner for compliance and sustainable growth. Purpose-built to meet LHDNM’s e-invoice mandates, it keeps your business ahead of regulatory requirements while streamlining operations for long-term success.
Transform your financial processes today with STQ MYINVOIS – optimize compliance, boost efficiency, and gain peace of mind.
ABOUT IRB e-invoicing
IRB e-Invoice implementation was announced in Malaysia’s Budget 2024.
The implementation of e-Invoice not only provides seamless experience to taxpayers, but it also improves business efficiency and increases tax compliance.
|
Targeted Taxpayers |
Implementation Date |
| Taxpayers with an annual turnover or revenue of more than RM100 million |
1 August 2024 |
| Taxpayers with an annual turnover or revenue of more than RM25 million and up toRM100 million |
1 January 2025 |
| All taxpayers |
1 July 2025 |
IRB e-INVOICE WORKFLOW
Issuance of e-Invoice by Supplier
Validation of e-Invoice by IRB
Notification of validated e-Invoice by IRB to the Supplier and Buyer
Sharing of e-Invoice. Supplier share the validated e-Invoice with the Buyer
Rejection or Cancellation of e-Invoice within 72 hours
Supplier and Buyer will obtain summary e-Invoice transactions with Unique Reference via IRB Portal
Issuance of e-Invoice by Supplier
Validation of e-Invoice by IRB
Notification of validated e-Invoice by IRB to the Supplier and Buyer
Sharing of e-Invoice. Supplier share the validated e-Invoice with the Buyer
Rejection or Cancellation of e-Invoice within 72 hours
Supplier and Buyer will obtain summary e-Invoice transactions with Unique Reference via IRB Portal
Introducing ‘STQ MYINVOIS’, your solution to integrate with (IRB) My Invois Portal. Experience simplicity, automation and seamless invoicing journey that transforms complexity into efficiency.
STQ MYINVOIS Key Features
Effortless Data Validation, Automatic Verification and e-invoicing Status Control.
Seamless Integration, Connects multiple ERP and Source Systems.
Two-way Data Flow enhanced reliable and efficient reconciliation process.
Customizable Workflow for compliance data governance.
Comprehensive Reporting and Embedded QR code e-invoicing printing
Benefits of STQ MYINVOIS
Compliance and Accuracy
Ensures adherence to IRB guidelines and effortless data validation
Efficiency and Productivity
Streamlined workflow and automated invoice submission
Visibility and Control
Comprehensive and data governance workflow
Security and Flexibility
On-premises solution and adaptable to specific workflows
Integration and Connectivity
Seamless integration and two-way data flow