BNK 003 – Invoice Mastery: Streamlining Your E – Invoicing Skills, 5 September 2024

BNK 003 – Invoice Mastery: Streamlining Your E – Invoicing Skills, 5 September 2024

Category:

Finance & Account PP/ Public Programs/

RM 990.00

Price RM 990.00

Duration: 1 Day

Lectures: De Palma Shah Alam

Certificate of Completion

INTRODUCTION

E – Invoicing is revolutionizing the way businesses handle their invoicing processes by offering significant improvements in efficiency, substantial cost savings, and enhanced accuracy. This comprehensive course is specifically designed for beginners who want to understand the fundamentals of e-invoicing, particularly within the context of Malaysian regulations and industry practices.

Through this course, participants will gain invaluable insights into the myriad benefits of E – Invoicing, learn effective implementation strategies, and become well-versed in the compliance requirements necessary to ensure smooth and lawful operation of E – Invoicing systems. Additionally, the course will provide practical guidance on navigating the regulatory landscape in Malaysia, equipping attendees with the knowledge and tools needed to seamlessly integrate E – Invoicing into their business operations.

OBJECTIVES

At the end of the course participants will be able to:

Understand the concept and evolution of E – Invoicing and its significance in modern business practices.
Identify the regulatory framework governing E – Invoicing in Malaysia and ensure compliance with relevant standards and regulations.
Evaluate different E – Invoicing models and platforms available in Malaysia and make informed decisions when selecting an appropriate solution for their organization.
Navigate the E – Invoicing workflow including generating, sending, receiving, processing and archiving E – Invoicing efficiently.

WHO SHOULD ATTEND?

This course was designed for Executives, Managers, Head of Department, and Accounting Department.

1 DAY TRAINING MODULE

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Day One (9am - 5pm)

MODULE 1: INTRODUCTION OF E – INVOICING

What is an E – Invoicing
Importance of E – Invoicing in modern business operations
Key components and features of E – Invoicing systems
Who must comply with E – Invoicing
Understanding mandatory compliance for Businesses
When will your company be impacted
Steps to prepare for E – Invoicing Implementation
Benefits of E – Invoicing
Streamlined invoicing processes and faster payments

MODULE 2: REGULATORY FRAMEWORK IN MALAYSIA

Identifying the authorities governing E – Invoicing
Mandatory elements and standards for E – Invoicing
Registration and approval processes for E – Invoicing
Rollout schedule for E – Invoicing compliance in Malaysia
Methods for securing E – Invoice data

MODULE 3: E – INVOICING

Key differences and advantages of E – Invoicing
Understanding different E – Invoicing Models
Step – by – step process of E – Invoicing from creation to payment
Common types of digital documents in E – Invoicing
Electronics signatures and authentic
Compliance with Tax Regulations and Digital Achieving Requirements
Ensuring secure transmission and storage of E – Invoicing data

MODULE 4: IMPLEMENTATION OF E – INVOICING

Generating E – Invoicing from ERP systems or accounting software
Uploading E – Invoices to E – Invoicing platforms or government portals
Ensuring accuracy and completeness of E – Invoicing Data
Resolving validation errors and rejections
Monitoring key metrics

MODULE 5: E – INVOICING WORKFLOW

Assessing implementation success and areas for improvement
Collecting feedback from users and stakeholders
Providing ongoing training on E – Invoicing systems and best practices
Implementing quality control measures for data accuracy
Engaging with suppliers, customers and tax authorities

About Instructors

Price RM 990.00

Duration: 1 Day

Lectures: De Palma Shah Alam

Certificate of Completion