Offline vs. Online Demand vs. POS + Cloud Accounting
Scenario 1: Full Offline
- POS system exports consolidated POS receipt report.
- The client uploads the consolidated report via LHDN MyTax or any accounting system.
- No extra charges.
- The POS receipt that needs to issue e-Invoice can be excluded.
- You can submit multiple transactions together as consolidated e-invoices.
- Excluding those which customers have demanded individually.
- Ideal for monthly or frequent transactions.
Scenario 2: Online Demand
- POS system is ready with an online e-Invoice demand feature.
- The customer can demand an e-Invoice from the web page.
- Once demanded, the POS will be notified and exclude the receipt from the consolidated invoice.
- The business owner can issue an e-Invoice to the client via any accounting system.
- POS system exports a consolidated POS receipt report excluding those demanded.
- The client uploads the consolidated report via LHDN MyTax or any accounting system.
- BMO POS Cloud is needed.
Scenario 3: BMO POS + Cloud Accounting
- POS system is ready with an online e-Invoice demand feature.
- Accounting system with full e-Invoice functionality is ready.
- The customer can demand an e-Invoice from the web page.
- Once demanded, the POS will be notified and exclude the receipt from the consolidated invoice.
- The business owner can issue an e-Invoice to the client via the BMO accounting system.
- The BMO accounting system is fully linked with the POS system.
- POS system exports a consolidated POS receipt report excluding those demanded.
- The client uploads the consolidated report via the BMO accounting system.
- BMO Accounting system is a full-fledged accounting system capable of fulfilling all accounting and e-Invoice needs.
- BMO POS Cloud and Accounting Module are needed.
Seamless E-Invoice Integration
- Our POS system is fully e-invoice compliant, ensuring compliance with the latest regulations.
- Reduces manual invoicing errors.
- Automatically submits e-invoices to Malaysia’s MyInvois system.
- Credit/debit/refund note support
- Self-billed invoices
- QR code on visual invoices
- After submission, invoices are validated by MyInvois and status returned. Only accepted invoices are finalized
Multi-System Compatibility
- Opt for our in-house solution, which combines BMO POS & BMO Accounting for an all-in-one compliance package.
- Allowing businesses to continue using their preferred accounting software.
- Exporting data formats, linking with SQL Accounting, other accounting tools
- Our in-house BMO POS & BMO Accounting solution enables data synchronization between POS and accounting systems, ensuring accurate sales tracking and automated tax calculations.
Real-Time E-Invoice Processing
- Automatically generates and submits e-invoices to the IRBM system for verification.
- Ensures compliance with Malaysia’s digital tax framework and regulatory requirements.
- Secure cloud storage ensures easy access to historical invoices for audit purposes.
- Visual invoices or receipts will include a QR code that links to MyInvois validation for customer verification.
- Clarify validation via MyInvois; invoice history / storage; cancellation window for corrections
- Secure cloud storage of past invoices; easy retrieval for auditing or queries.
POS System e-Invoice Easier for Corporates & SMEs
Automated e-Invoice Compliance
- Automated e-invoice and consolidated e-invoice submission to LHDN through BMO Cloud.
- Integrates with MyInvois for real-time validation and reporting.
- Reduces the risk of penalties due to non-compliance.
Efficient Financial Management
- Syncs transaction records with accounting reports in real time.
- Automated calculations for SST and other applicable taxes.
- Eliminates data duplication and streamlines accounting processes.
- Automatically calculate SST / required tax types, rounding, exemptions as per regulation, to avoid errors or penalties.
Centralized Control & Security
- Manage multiple branches or franchises from a single dashboard.
- Secure, cloud-based access to invoices, ensuring data protection and easy retrieval.
- Customizable user permissions to control invoice access and prevent unauthorized changes.
This integration eliminates confusion and ensures accurate e-Invoice processing.