With e-Invoicing, marks the beginning of Continuous Transaction Controls (CTC). A powerful tool Loved by Tax Authority. It collects data on business activity throughout Malaysia. Forcing supplier and customer to check on each other.
Unlike traditional invoice reporting (focus on post tax submission audit), with e-Invoicing data obtained directly from business transaction processes or data management systems in real time or near-real time.
The aim of this e-invoicing seminar is to ensure businesses can transition into e-Invoicing smoothly with minimum impact on customer and supplier relation.
Focusing on minimising disruption while maximising the benefits to your business and your clients. Understanding the nuances of e-invoicing, including compliance with the latest regulations and leveraging technology for seamless integration, is paramount. We take this burden off your shoulders, ensuring we share with you the way to transition not just smooth but also adds tangible value to your operations.
There are bright side to things too. e-Invoicing it brings company into the realm of digitisation, one big step into Industry 4.0. We share more details during the e-invoicing seminar.
Dr Choong Kwai Fatt designed the programme to make this shift both practical and straightforward, focusing on minimising disruption while maximising the benefits to your business and your clients. Understanding the nuances of e-invoicing, including compliance with the latest regulations and leveraging technology for seamless integration, is paramount.
This e-Invoicing seminar take the burden off your shoulders, ensuring we share with you the way to transition not just smooth but also adds tangible value to your operations.
By adopting e-invoicing, you are not only simplifying the invoicing process but also making a significant impact on your business’s eco-friendly initiatives by reducing paper use. Additionally, the real-time tracking of invoices enhances transparency, aiding in better cash flow management and improving the overall customer experience.
While e-invoicing presents many benefits, such as cost reduction and process efficiency, it’s essential to consider and mitigate any unforeseen risks it might pose to your business cycle. A significant shift to digital invoicing requires adaptation not only internally but also among your clients. The rapid change can lead to initial hesitation or resistance, potentially affecting your business relationships.
First and foremost, implementing e-invoicing necessitates rigorous training for your sales and accounting teams to ensure seamless operation and effective communication of the benefits to your clients. Second, it’s crucial to gradually introduce your clients to e-invoicing, providing them with enough information and support to transition confidently. This phased approach helps maintain the integrity of your sales relationships, fostering trust and openness.
Moreover, while e-invoicing streamlines payment processes, it also changes the dynamics of payment follow-ups and disputes. A well-crafted strategy that includes clear communication channels and procedures for resolving issues promptly is vital to prevent any negative impact on client relationships and, consequently, sales.
With the adoption of E-Invoicing, the Inland Revenue Board (IRB) can now delve into Big Data mining and Machine Learning, enabling them to detect tax abnormalities and identify instances of tax understatement. This will permanently change their strategy for Tax Audit and Investigations. Our seminar will guide you through the necessary changes and help you stay ahead of the IRB.
Whether to Upgrading whole business process to fully smart systems requires careful planning and consideration. It is not advisable to rely solely on IT recommendations, as E-Invoicing is driven by Tax Authorities. Many perceived it as just Tax Matters, in reality it is a business process decision, which involves significant financial and operational implications. This e-invoicing seminar aims to highlight challenges and present alternative solutions to ensure that your business, as well as your customers and suppliers, are not negatively affected the transition.
Move from Zero to HERO. Completely updates on all three aspect of taxation: Income Tax, RPGT and Sales & Service Tax. Plus two IMPORTANT time sensitive tax planning opportunities: E-invoicing and SVDP 2.0.
E-invoicing, in essence, is created to enhance efficiency and encourage automation in businesses. When you implement e-Invoicing, it is crucial to take into account the above five components.
Because of these 5 Reasons.
Unlike other seminars that only provide a dictionary list understanding of E-Invoicing, our seminar is designed with full implementation in mind. We guide you through the three phases of INDUSTRY 4.0 E-Invoicing Implementation.
Not only do we provide a thorough understanding of the E-Invoicing framework, but we also address industry-specific challenges created by e-Invoices.
Discover how E-Invoicing will revolutionise tax audits and learn how to adapt your accounting structure. Dr. Choong will provide expert guidance on making the necessary adjustments before year-end.
By bringing industry professionals together, we create an opportunity for you to voice your concerns, anticipate challenges, and engage in practical Q & A sessions for exponential learning.
Attend the seminar at Mid Valley, where you can enjoy abundant shopping and dining options. Make the most of the festive season and sales after the event.
We prefer to look at e-Invoicing seminar from perspective of your Business Process, there are many approach to implementing e-Invoicing, why not pick the path which benefits your business instead.
With e-invoicing and going cashless by 2027, plus GST 2.0 just around the corner, the Tax Audit game changed irreversibly. Knowing how to put in the right accounting changes and revamp chart of account has never been this important ever before. There are so much preparation needed prior to e-Invoicing implementation. You don’t just know the changes, you know what are the action plan required.
We are eager and look forward to seeing you in The Gardens Hotel. Network with peers and client, while getting the latest Tax Planning.
what’s covered
Show time, it is the highlight of the event, where the criticial issues will be shared and only available in this e-Invoicing Phase 1 Physical Live seminar.
WHAT PAST PARTICIPANT THINKS ABOUT OUR e-invoicing SEMINAR
…. More content may be added as changes where relevant from e-Invoice updates prior to event date.
…. More content may be added as changes where relevant from IRB prior to event date.
Conducted in the ballroom within the relaxation of The Gardens Hotel, 5-star heaven within The Gardens Mall in Mid Valley. Love for its strategic location and the direct access to shopping mall, eateries and parking (Premium and Zone U).
Address:
The Gardens Hotel
The Gardens, Lingkaran Syed Putra, Mid Valley City, 59200 Kuala LumpurG
What you will get :
Choose the right category based on the number of participants. The price stated below is for 2 days seminar.
This program is HRDC Claimable up to RM3,000 PER DAY.
When you apply for HRDC please ensure “30% up front payment” is selected.
Created for Business Owners, Accountants, Financial Personnel, Company Directors and you of course.
(Personnel involved in Managing the Company)
Shareholders and Directors are exposed to Personal Risk of Travel Restriction, Personal Liability to pay for “Tax Undercharged” and Company Bankruptcy. Therefore Shareholders and Directors must have personal understanding of what are the latest risks they are facing and ensure the right safeguard is in place. Especially to take advantage of available Tax Incentives, Business Recovery, Corporate Restructuring ideas and Tax Planning Opportunities. (Applicable to all industry)
(CEO, CFO, General Manager and Financial Controller)
To ensure the company continue to prosper and remain relevant, be ready for Malaysia Budget 2022 and get to know what are the major changes in Government’s direction which impact Businesses Direction. Where Economy, Taxation and Business Direction need to be known. The Decision Makers must be well advised and comprehend the significance and be able to plant the right seeds and direction for the company.
The Advisors need to gear up and patch up your dose of Know-How from this Annual Malaysia Budget 2022 Seminar in view of this ongoing Covid-19 pandemic that is happening locally as well as internationally.
Get the Latest Malaysia Budget 2022 Approach implemented by ruling Government, latest KNOW HOW and New Action Plan needed.
NOW there is another wave of change in Government Business Direction with the regards of e-Invoicing that you MUST BE READY FOR. Be equipped with practical Decision-Making process to cushion the impact on business processes.
How will it affect your Business Direction, Accounting Entries, Documentation from now onwards and all the compliance requirements and thresholds involved. There are ample work to PATCH UP on the missing UPDATES.
The change to e-invoicing is not just a change in accounting software. It involves changes to an open and new system of progressive upgrades to Industry 4.0 and ESG compliance components.
When attending with your IT Specialist will ease your work in convincing, explaining and assessing viability.
Together, you can work faster and grow in the right direction.
Dr Choong Kwai Fatt is an acknowledged tax authority and a leading tax specialist in Malaysia, highly sought after speaker and provided tax consultancy services to listed companies, audit firms, legal firms and the Malaysian Government for more than 25 years.
Like a diamond with multiple façade, Dr Choong shines for his depth of tax knowledge, rare combination of skill and experience derived from being a speaker, writer, researcher, advocate and solicitor, consultant and his passion towards tax education.
Collectively this has resulted in his outstanding presentation skill and charming persona as a speaker and advisor.
Most frequent questions we received.
Our e-Invoicing seminar is popular because we look at it from BUSINESS PROCESS perspective.
Conventional e-Invoicing seminar are created with the objective of just covering e-Invoicing framework.
Knowing the framework only provides basic understanding of how e-invoicing “should” look like.
Knowing e-Invoicing implementation provides practical solution and factors to ease right decision making.
Unfortunately, most of the sessions will not be repeated. Should there be a similar session, you can change to other session of the same event, subject to availability.
Refund is not possible as all seating arrangement with venue and printing of materials have been arranged and put in place. However, we can accept replacement by informing us via email 10 days prior to the event.
Yes. This seminar does not just cover the surface Updates or knowledge about e-Invoicing, our e-Invoicing seminar is created to solve implementation issues and decision making. Covers the most crucial question : “How to implement and embed e-Invoicing SMOOTHLY into my Company System?”
Join Us and Expect to take away Practical Solutions, templates and Implementation Pointers.
No. The CPD stated on the Certificate of Attendance is as awarded by the Training Provider in recognition of the hours spent learning with the respective Speaker/ Trainer.
Unfortunately, it is subject to the discretion of the respective institution whether or not to accept the point or otherwise.
Yes, we do understand plans are always subject to change. Do provide us the name 10 Days prior to the event date. If change of name were to notify after we have printed the Certificate of Attendance, reprinting of cert can be done with a Certificate Reprinting Administrative Fees of RM 100.
No. We wish we can answer yes to this. Our Seminar is based on latest and most up to date information, rules and regulations, with a cut off point of 1 to 2 weeks before the event. The earliest date for us to get the seminar materials from the Trainer/ Speaker is 1 – 2 days prior to event date. In this regards, we will have to turn down all request to deliver materials prior to event date.
We distinguish ourselves based on three areas. We are specialist in arranging tax planning seminars for corporate leading and tax professionals.
They have a flavour for reality and practical approach towards tax changes. Created for decision makers and those who advice the decision makers.
Our motto is to encourage the policy of “Plan Your Tax, Do NOT Evade Tax.” If this is inline with your values, then do join us. We welcome you with a big big huge.
Our Participants mainly consist of Corporate Leaders, Practitioners and Senior Executives, we hold firm to the view that we must do all it takes to maximise learning and impact in a minimum amount of time. We take pride in providing the most updated and well researched information.
Yes, our events are HRDF Claimable* under HRDF FOCUS AREA (INDUSTRY 4.0) you can claim up to RM 3,000 per seminar day. In simple language it means it is FULLY HRDF CLAIMABLE.
(*Subject to PSMB’s approvals by Participants).
This applies to Company that is contributing to HRDF Fund.
Usually for live training as per the information we gather from Participants over the years, register and get the Invoice first.
Then, together with the Brochure, submit both Invoice and Brochure to HRDF for pre-approval (usually takes about 3 to 5 working days).
Once pre-approved, kindly email the preapproval for our record.
Post seminar we will submit the claim from PSMB after participants attended the event.
If you have the latest updates as to how to claim HRDF, please do share with us via event@synergytas.com.
Thank you for sharing!
Need a copy of the
We provide both. View them online or the download pdf version of E-Invoicing seminar Phase 1 (Session 2).
