KUALA LUMPUR: We are proud to announce that Wavelet Solutions Sdn Bhd has been featured in Business Circle KL for our expert advice on the implementation of LHDN MyInvois. The article, titled Wavelet Shares Expert Advice On LHDN MyInvois Implementation, showcases the insights of our Chief Executive Officer, Vincent Lee, on the new Inland Revenue Board (LHDN) e-invoicing regulations.
Vincent Lee explained that using the LHDN API allows companies to generate, send, and manage invoices electronically, complying with local tax regulations while enhancing operational efficiency. He highlighted the importance of integrating with the Pan-European Public Procurement On-Line (PEPPOL) framework, especially for businesses involved in international trade.
The MyInvois system, set to be implemented in phases starting August 2024 for large companies and expanding to smaller enterprises by January 2025, aims to transform financial transaction handling in Malaysia. Vincent Lee emphasized that the MyInvois system supports comprehensive tax compliance and operational efficiency, covering various transaction types, including invoices, debit notes, credit notes, and refund notes.
Wavelet Solutions offers top-tier guidance and support to help businesses navigate the complexities of e-invoicing. Recognized by Amazon Web Services as the “Software Partner of the Year for ASEAN 2023,” we are committed to helping businesses leverage these technologies to their fullest potential.
Read the full article on Business Circle KL here.
For more detailed insights and guidance on e-invoicing, Wavelet Solutions is here to support your transition to a fully digital invoicing system.
For more information, visit our website at BigLedger.
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