LHDN e-Invoice – Assessing Readiness of e-Invoice
Key Considerations … | Preparing for the e-Invoice
Key Considerations from Business Perspective
| No. | Description |
| 1. | Identifying all possible transactions attracting e-invoicing. (like exports/ imports/ cross charges/ asset transfers, etc) |
| 2. | Requirements of updating masters of Vendors and Customers to cater to additonal information required for invoices. (like Purchase details/ Registration No./ Bank Details/ TIN Code, etc.) |
| 3. | Accounting system updation/ customization to have required interface with the Govt. portal. |
| 4. | Flagging Vendors into small and large categories to identify data collation requirements. (Auto populated for large vendors covered by e-invoice and manual for small.) |
Preparing for the e-Invoice
