🚀 **We’ve released Malaysian E-Invoicing APP for ERPNext – MyInvois.
We are also planning to publish it in the Claudion and FrappeCloud this month. We will also publish documentation and video-guide here. Watch this space.
We’ve released the BETA version of Malaysian E-Invoicing for ERPNext – MyInvois.
Check out the GitHub repository ( ERPGulf on GitHub ) to explore the code, and install the app.
We are also planning to publish it in the Claudion anbd FrappeCloud this month. We will also publish documentation and video-guide here. Watch this space.
MyInvois is an app for ERPNext that addresses the requirements of Malaysian E-Invoicing, developed in compliance with the regulations and standards set by the Malaysian government for electronic invoicing. It integrates with ERPNext, an open-source enterprise resource planning platform.
Key Features of MyInvois in the Context of Malaysian E-Invoicing:
1. Compliance with Malaysian E-Invoicing Standards:
MyInvois ensures that all invoices generated follow the Malaysian Customs Department's standards for digital invoicing. It ensures your business can submit tax invoices electronically in a legally compliant format.
2. Digital Signature:
To meet Malaysian e-invoicing laws, MyInvois adds digital signatures to electronic invoices, ensuring authenticity.
3. Real-Time Submission to LHDN:
The app allows real-time submission of invoices to LHDN (Lembaga Hasil Dalam Negeri Malaysia - Inland Revenue Board), streamlining tax reporting by integrating with ERPNext’s API system.
4. Multi-Currency and Multi-Language Support:
MyInvois supports multi-currency invoicing and multi-language invoice templates, enabling businesses to generate invoices in different languages and currencies for international clients.
5. Tax and GST Compliance:
MyInvois ensures that invoices adhere to Malaysia’s GST system, automatically calculating and including GST information for tax compliance.
6. Customizable Templates:
The app provides customizable invoice templates to meet Malaysian regulations while allowing businesses to tailor the appearance of their invoices.
7. Audit Trails and Record Keeping:
MyInvois offers detailed audit trails to maintain a proper record of transactions, ensuring that every transaction is properly documented, which simplifies auditing.
8. Integration with ERPNext Modules:
Since MyInvois is built for ERPNext, it integrates with existing ERPNext modules like Sales, Accounting, and Inventory, enabling businesses to generate compliant invoices from sales orders, track payments, and manage taxes easily.
9. Automated E-Invoicing Workflow:
MyInvois automates invoicing processes, reducing manual work by automating the creation, submission, and tracking of invoices, thus improving efficiency.
10. Open Source:
MyInvois is 100% open-source, meaning users can modify the app to meet specific business needs while staying compliant with Malaysian invoicing regulations.
Benefits in the Malaysian E-Invoicing Context:
- Ensures businesses follow legal standards.
- Direct integration with tax authorities helps businesses stay up to date with tax obligations.
- Reduces time spent on manual invoicing tasks and avoids software licensing costs.
In summary, MyInvois simplifies the creation, management, and submission of compliant e-invoices for Malaysian businesses using ERPNext, offering features that streamline compliance, improve efficiency, and facilitate tax reporting.
Thahsin
Functional Consultant at ERPGulf
When are you planning upload the configuration and training videos.