Best Accounting Software In Malaysia
Navigate the 2025 financial landscape with the right tools. Ensure SST compliance, streamline e-invoicing, and drive growth with our expert guide.
Introduction
In Malaysia’s dynamic business landscape, selecting the right accounting software is a critical strategic decision for small and medium enterprises (SMEs). The ideal platform does more than just track finances—it ensures compliance with local regulations like SST and e-invoicing, streamlines operations, and provides real-time insights for informed decision-making.
This comprehensive guide examines the top accounting software solutions in Malaysia for 2025, helping you choose the platform that best fits your business needs, budget, and growth ambitions.
Find out more via AutoCount’s official site.
What to Look for in Accounting Software
Before exploring specific software options, understand these essential features for businesses using accounting software in Malaysia
- Local Tax Compliance
Ensure robust support for SST calculations, reporting, and LHDN e-invoicing requirementsÂ
(MyInvois/PEPPOL).
- Core Accounting Features
Comprehensive tools for invoicing, expense tracking, bank reconciliation, and financial reporting to reduce errors.
- Operational Management
Strong inventory management capabilities, multi-branch support, and integration with POS systems if relevant.
- Accessibility & Collaboration
Cloud-based platforms enabling access from anywhere in Malaysia with multi-user permission controls.
Top Accounting Software in Malaysia
After analysing the market, here are the five best CRM platforms for Malaysian SMEs this year.
1. AutoCount
Best for Inventory-Heavy & Traditional SMEs.
A locally developed software favored by retail and trading businesses.
- Full SST accounting module compliant with Malaysian law
- Advanced inventory management & multi-location support
- Flexible deployment (cloud or on-premise)
Price: Starts from ~RM70/month
2. Xero
Best for Cloud-First & Growing Businesses.Â
A global platform known for its user-friendly interface and automation.
- Real-time dashboards and cash flow visibility
- Automated bank reconciliation with major Malaysian banks
- Over 800 third-party app integrations
Price: Starts from ~RM120/month
3. QuickBooks Online
Best for Service-Based Businesses & Freelancers.
 Intuitive interface and robust features suitable for consultants.
- Automated bank feeds and expense tracking
- Customizable invoicing with payment reminders
- User-friendly design with minimal learning curve
Price: Starts from ~RM110/month
4. SQL Account
Best for Hybrid Deployment & Growing SMEs.
Strikes a balance between desktop reliability and cloud convenience.
- Dual deployment option (cloud or offline)
- Advanced inventory with batch tracking
- Detailed audit trails for compliance
For more information about AutoCount Accounting and SQL Accounting, visit our detailed comparison page.
Price: Starts from ~RM79/month
5. Zoho Books
Best for Tech-Integrated Businesses.
Ideal for businesses already using other Zoho products or wanting automation.
- Workflow automation for recurring processes
- Client portals for seamless collaboration
- Deep integration with Zoho CRM
Price: Starts from ~RM59/month
Comparison of Top Software
| Software | Price (from) | Best For | Key Features |
|---|---|---|---|
| AutoCount | RM70/month | Inventory & Traditional SMEs | SST tracking, POS integration |
| Xero | RM120/month | Cloud-first & Remote | Real-time dashboards, 800+ apps |
| QuickBooks | RM110/month | Service & Freelancers | Intuitive UI, Bank feeds |
| SQL Account | RM79/month | Growing & Hybrid | Dual deployment, LHDN compliant |
| Zoho Books | RM59/month | Tech Startups | Workflow automation, CRM sync |
How to Choose the Right Software
Match Software to Your Business Type
- Retail & Inventory-Heavy
Prioritize strong inventory management (AutoCount, SQL).
- Service-Based
Focus on invoicing and time tracking (QuickBooks, Xero).
- Startups
Consider affordable, user-friendly options (Zoho Books).
- Growing Businesses
Opt for scalable cloud solutions (Xero).
Implementation Checklist
- Plan Migration: Clean data and choose a quiet period.
- Verify E-Invoicing: Ensure MyInvois/PEPPOL support.
- Set Up Tax Codes: Configure SST settings correctly.
Future-Proofing Your Decision
Malaysia’s regulatory environment continues evolving. Consider:
E-invoicing Roadmap
Mandatory compliance by 2025 with phased implementation.
Digital Transformation
Look for direct bank feeds (e.g., RHB integrations).
SST Compliance
Watch for grace periods ending Dec 31, 2025.
Kindly visit our page for more information about the SST Malaysia.
Ready to Select Your Solution?
The right accounting software ensures compliance and drives growth. Identify your top 2-3 options, sign up for free trials, and involve your team.
