AGMO Holding Berhad and accounting firm YYC Group, are collaborating to capitalise on the Inland Revenue Board’s call for e-invoicing, with the launch of JomeInvoice.
The Inland Revenue Board has announced a phased implementation of the e-Invoicing initiative, beginning from 1st August 2024 for taxpayers with annual income or sales exceeding RM100 million. Implementation for taxpayers in other income categories will be enforced in phases, with a comprehensive target of 1st July 2025.
The group said the solution developed is a middleware solution that aims as a connector to IRB’s MyInvois System, helping to mitigate the challenges associated with the adoption of e-Invoicing by businesses. It offers end-to-end compliance with IRB’s requirements and flexibility, seamlessly integrating with existing systems to ensure a hassle-free transition. Notably, it is designed to partner and integrate seamlessly with accounting systems of any size or complexity.
“As we navigate the evolving landscape of business operations, Agmo is delighted to join forces with YYC Group in pioneering cutting-edge e-Invoicing solutions. JomeInvoice stands as a testament to our commitment to providing businesses in Malaysia with the transformative tools necessary to thrive in the digital age,” stated Tan Aik Keong, CEO of Agmo Holdings Berhad.
Agmo is confident that this collaboration with YYC Group and the launch of JomeInvoice will play a pivotal role in driving Malaysia’s digital transformation, allowing a smooth transition to e-Invoicing for businesses.
