Anusaar’s consolidated e-invoicing solution made easy
Anusaar is Lenorasoft’s comprehensive e-invoicing solution is designed to help Malaysian taxpayers comply with the several tax regulations and requirements as outlined by the Inland Revenue Board of Malaysia (IRBM).
According to s. no.16, in the IRBM e-Invoice Specific Guidelines (version 3.1, published October 4, 2024), the Malaysian government has implemented a six-month interim relaxation period for each phase of mandatory e-invoicing, requiring taxpayers to transition to issuing consolidated monthly e-Invoices for all transactions—B2B, B2C, and self-billed.
The relaxation phase must be implemented as follows:
No. Targeted tax payer Interim relaxation period
1 Annual turnover or revenue > 100 million 1 August 2024 to 31 January 2025
2 Annual turnover or revenue > 25 million an up to RM 100 million 1 January 2025 to 30 June 2025
3 All other tax payers 1 July 2025 to 31 December 2025
Reference taken from table 16.1 (IRBM e-Invoice Specific Guidelines (version 3.1, published October 4, 2024))
Anusaar, an e-invoicing solution, by Lenorasoft simplifies this process by supporting invoice consolidation and offering robust features for compliance.
During this period, individual invoices are on hold, and are allowed to generate a consolidated e-invoice. Taxpayers have flexibility to input any details in the “description of product or service” field.
In other words, taxpayers are not restricted to input the receipt/ statement / bill reference numbers as required under Section 3 and 4 of this e-Invoice Specific Guideline.
However, consolidating transactions can create some challenges.
Here is how Anusaar, an e-invoicing solution, can help address challenges that may arise due to consolidating invoices:
Consolidated invoicing can lead to missing individual transaction records, increasing the risk of audit discrepancies and data loss. Anusaar, an e-invoicing solution, addresses this by providing secure long-term record-keeping, backup and archival, ensuring seamless au