AUTOCOUNT Dotcom Bhd, an ACE Market-listed developer and distributor of financial management software, has welcomed the government’s decision to provide a six-month extension for micro, small, and medium enterprises (MSMEs) to adopt e-invoicing which is now set to begin on Jan 1, 2026.
While some may view the delay in implementing Phase 3 of the mandatory e-invoicing exercise which was supposed to take off on July 1 this year as a setback, AutoCount sees this as a positive development for MSMEs and the industry.
This extension notably allows businesses to better allocate resources, receive proper training and to transition into e-invoicing at a steady pace rather than under pressure.
Instead of a large volume of businesses implementing e-invoicing within a single quarter, this spread-out approach ensures a smoother on-boarding process while reducing potential compliance challenges, according to AutoCount’s managing director Y.T. Choo.
“The fundamentals of e-invoicing remain unchanged. This is a regulatory requirement, hence businesses will eventually need to comply,” he pointed out in a statement.
“What this delay does is provide businesses with the breathing space they need to fully understand and integrate e-invoicing into their operations without disruption.”
In line with this extension, AutoCount will expand its educational outreach, conducting more training sessions, webinars, and industry workshops to help MSMEs prepare for the transition.
With the extra lead time, Choo reckoned that MSMEs can now fully familiarise themselves with the e-invoicing process, thus ensuring that when the system is fully implemented, they can operate efficiently without last-minute challenges.
“E-invoicing is not just about compliance. It’s about helping businesses digitalise and improve efficiency,” he asserted.
“With this extension, we can better support MSMEs by providing structured guidance, reducing their learning curve and ensuring they onboard seamlessly.”
As part of its commitment to driving digital transformation for MSMEs, AutoCount recently launched the AutoCount OneSales PalmPOS which is a cost-effective and user-friendly mobile point-of-sale (POS) solution designed for micro-SMEs.
This solution simplifies e-invoicing compliance, allowing businesses to generate and submit e-invoices seamlessly while integrating with digital payments. – Feb 21, 2025
