- 10/23/24In today's increasingly competitive business landscape, effective financial management is paramount, and accounts receivable plays an essential role in ensuring healthy cash flow. In recent years, there has been a notable shift towards accounts...
- 08/21/24Tired of manual process of matching incoming payments? In today's fast-paced business environment, finance professionals need to optimise every process, especially cash application. This crucial function can be a major time drain and a source of...
- 06/13/24In today’s fast-paced business environment, managing collections efficiently is crucial for maintaining healthy cashflow and minimising manual workload. Collections management automation offers a solution by streamlining processes, reducing errors...
- 04/1/24 Control what you can control. It’s a mantra that many accounts receivable (AR) departments would be wise to observe. With so many external factors impacting cashflow (high interest rates, elevated inflation, etc.), the last thing today’s AR...
- 03/4/24On the 9th of February, LHDN announces the release of e-Invoicing Guidelines Version 2.2, e-Invoicing Specific Guidelines Version 2.0, and the much-anticipated Software Development Kit (SDK) Beta Version. These releases mark a significant leap in...
- 02/14/24Credit management is a vital function for any business that deals with customers and suppliers. It involves assessing the creditworthiness of potential and existing customers, setting and enforcing credit policies and terms, monitoring and...
- 12/27/23The Malaysian Ministry of Finance is set to implement e-invoicing as part of its strategy to boost tax revenues and streamline tax administration, as stated in the 2023 Pre-Budget statement. MDEC and LHDN’s collaboration paves the way for the...
- 11/3/23Malaysia’s e-invoicing implementation pushed forward The phased rollout of e-invoicing in Malaysia will affect businesses at different times based on their annual turnover: 1 August 2024: Taxpayers with an annual turnover or revenue of more than...
- 09/26/23In the dynamic world of business, managing accounts receivables effectively can be the linchpin of financial success. Efficient accounts receivable (AR) management ensures that a company maintains a healthy cash flow, strong customer relationships...
- 09/8/23In the ever-evolving landscape of taxation and business operations, Malaysia is set to usher in a transformative change that will impact businesses of all sizes. As of June 2024, electronic invoicing, or e-invoicing, will take center stage in...