In the dynamic landscape of digital transactions, staying compliant with government regulations is paramount for businesses in Malaysia. With the advent of e-invoicing mandates by the Malaysian Digital Economy Corporation (MDEC) and the collaboration with the Inland Revenue Board of Malaysia (LHDN), businesses are seeking seamless solutions to align with these guidelines effortlessly. This is where YGL, an accredited service provider for e-Invoice under MDEC Malaysia, emerges as the trusted partner for businesses navigating the e-invoicing landscape.
YGL’s accreditation as an e-Invoice service provider under MDEC Malaysia signifies its commitment to compliance and excellence in e-invoicing services. Additionally, being endorsed by regulatory bodies worldwide and Peppol approved further solidifies YGL’s reputation as a reliable partner in the realm of digital transactions.
One of the standout features of YGL’s solution is its ability to cater to a wide range of scenarios, including agents, foreign purchases, e-commerce, dividends, taxes, and gaming payouts, ensuring comprehensive compliance with Malaysia’s e-invoicing requirements.
Moreover, YGL offers a robust reconciliation feature, facilitating seamless reconciliation between the Inland Revenue Board of Malaysia (IRBM) server and the client’s system. This ensures accuracy and transparency in financial transactions, enhancing trust and compliance.
YGL’s comprehensive compliance module streamlines tax processes by providing efficient e-invoice generation, insightful dashboards, role-specific access, alert systems, and extensive data archival and storage capabilities spanning over seven years. This empowers businesses with valuable insights and simplifies compliance efforts.
YGL’s smart integration service ensures minimal business disruption during the implementation phase, allowing businesses to go live seamlessly. With a reliable API stack, auto-scaling, and backup servers, YGL guarantees uninterrupted service and peace of mind for its clients.
Error-free e-invoicing is a top priority for YGL, boasting a remarkable success rate of 99.98%. Smart automations with over 150 data validations and auto-retrials ensure 100% compliance with Malaysia’s e-invoicing regulations.
Transitioning to the e-invoice era is made easier with YGL’s value-added features, including e-invoice vs. sales/purchase invoice reconciliation and data analytics, empowering businesses to make informed decisions and optimize processes.
Choosing YGL for Malaysia e-Invoicing brings a multitude of benefits. With auto-upgrades of electronic invoice software, businesses can effortlessly adapt to new government changes without internal hassle. YGL also offers dedicated support, with a 1-1 account manager available to address any compliance or technical queries regarding e-invoicing implementation.
In conclusion, YGL offers seamless e-invoicing integration with any ERP or POS system, making it the preferred choice for businesses seeking compliance and efficiency in Malaysia’s e-invoicing landscape. With YGL as your partner, streamline your business processes and stay ahead in the digital economy.