Why AutoCount is the Best Middleware Software Solution for E-Invoicing in Malaysia?
Seamlessly integrate SAP and ERP systems with AutoCount for compliant e-invoice submissions to LHDN. Streamline your financial operations, reduce errors, and ensure regulatory compliance.
Introduction
In the fast-paced business landscape of Malaysia, submitting compliant e-invoices to LHDN is critical. Integrating your existing SAP or ERP Software with AutoCount Accounting simplifies this complex process by automating generation, validation, and submission.
Why Integrate?
Automated Compliance: Ensure every invoice meets LHDN regulatory standards instantly.
Efficiency Boost: Combine enterprise management with AutoCount’s financial tools to eliminate manual errors.
Seamless Workflow: Experience a faster, error-free invoicing process from creation to submission.
In this guide, we will explore how to set up this powerful integration and the best practices for a hassle-free e-invoicing experience.
AutoCount API Integration
SAP Software and ERP Software integrates with the AutoCount API through various methods:
API Integration
SAP Software and ERP Software can directly interact with AutoCount using the .NET Framework. This method allows developers to reference AutoCount assemblies for deep integration. Requires the AutoCount API Module license.
Plug-in Integration
SAP Software and ERP Software can also integrate with AutoCount API using a plug-in that runs as an attached process to the parent application. This method involves writing a plug-in for AutoCount Accounting that performs batch updates of transactions or data into the account book. The plug-in uses AutoCount Accounting API to interact with the system.
How Does the AutoCount E-Invoicing Platform (AIP) Work?
The AutoCount E-Invoice Platform is designed to streamline the invoicing process, making it more efficient and compliant with regulatory requirements such as those of Malaysian Inland Revenue Board (LHDN). Here’s how it works:
- Invoice Creation
Users create invoices within AutoCount software, entering product details, quantities, prices, and taxes.
- Data Validation
Platform validates invoice data for completeness and compliance with LHDN requirements.
- Format Conversion
Validated invoice is converted to XML/JSON format that meets LHDN’s e-invoicing standards.
- Tracking & Archiving
Users can track submission status and all e-invoices are archived with QR codes for future reference.
Ensure correct data classification codes to meet LHDN validation requirements.
Features & Capabilities
Sharing of E-Invoice to Buyers
Streamline Your Delivery Stop wasting time on manual attachments. With AutoCount, sharing e-invoices is seamless. Whether your clients prefer traditional PDFs or instant digital delivery, our platform ensures your invoices reach them faster, speeding up your payment cycles.
E-Invoice Sharing Methods:
- Export to PDF: Generate and share professional PDF invoices
- Send by WhatsApp: Directly send e-invoices via WhatsApp for quick delivery
- EasyEmail (Plugin): Seamless email integration for invoice distribution
Auto and Manual Import of CSV Files
- Auto Import
- Able to detect from local or FTP
- Set time basis to import
- Have error log
- After import, auto moves to backup folder
- Manual Import
- Manually import Into AutoCount
- After import need to manually move the file
Challenges & Solutions
New Customer Code
Ensure new customer codes are correctly validated and synchronized between SAP/ERP software and AutoCount to prevent errors in invoicing and payment processing.
New Item Code
Update the inventory system to reflect new item codes immediately, ensuring accurate tracking and reporting of stock levels and movements.
Sharing Documents
Since LHDN does not automatically forward e-invoices to buyers, businesses must implement their own sharing mechanism. AutoCount solves this by automating the delivery process.
Conclusion
In conclusion, integrating SAP Software and ERP Software with AutoCount for e-Invoice submissions to LHDN significantly enhances operational efficiency and ensures regulatory compliance. This powerful combination automates the invoicing process, reduces errors, and provides real-time validation and tracking. By leveraging these technologies, businesses can streamline their financial operations, maintain accurate records, and focus on strategic growth. Embracing such integration not only simplifies compliance with LHDN requirements but also positions companies for future advancements in digital financial management.
If you are willing to gain increased knowledge and skill on E-Invoicing, we at AutoCount organize seminars for you to attend and gain more knowledge. Register now and enhance your e-invoicing capabilities!
Ready for hassle-free e-Invoicing with LHDN?
Simplify integration, ensure compliance, and revealed how AutoCount works seamlessly as your middleware solution.