E-Invoicing
Connect | Automate | Simplify
Connect
Connect seamlessly through our unified platform to view, share, and collaborate with customers for invoices, while effortlessly managing communication with LHDN systems.
Automate
Automate e-invoice generation, digital signature and submission for all your transactions, including commission and clearing fee, without disrupting your business process flow.
Simplify
With over two decades of experience in simplifying post trade processes for leading brokers, institutions and clearing houses in APAC, we understand your business criticalities.
To support the growth of the digital economy, the Government of Malaysia will implement e-invoices in stages to enhance the efficiency of Malaysia’s tax administration management. The Inland Revenue Board Malaysia (IRBM), also known as Lembaga Hasil Dalam Negeri (LHDN), had announced that the e-invoicing initiative will be implemented in phases beginning in August 2024. e-Invoicing is applicable to all taxpayers undertaking commercial activities in Malaysia; including brokers, financial institutions and clearing houses. NOVA’s e-Invoicing module is all set to automate the complete process for every transaction that needs to comply with this new regulation; including commission and clearing fee invoice in Malaysia.
Ensure Compliance with NOVA E-Invoicing
Brokers can define every transaction that requires invoice generation in Malaysia. Our system will auto generate the e-invoices to include all the information as required by IRBM, generate digital certificates for e-signatures, and get real-time insights on the status of the e-invoices.
Businesses can create user access control only authorising required personnel to access e-invoicing functions; set alerts and notifications and have the provision for rejecting or canceling an invoice.
NOVA e-Invoicing module seamlessly connects with the post trade operations, picks data for all the required fields, connect to IRBM systems through APIs or upload manually using the Government portal and generate the unique number and QR code. All through a single system.
