E-Invoice Implementation for Insurers, Brokers & IFA

Course Objectives and Benefits

  • Understanding the scope of e-Invoice
  • Understanding the exemptions
  • Implement the transmission mechanism
  • Understanding the required fields
  • Identify type of e-Invoice
  • Implementing general operational transactions
  • Specific industries transactions for insurers, brokers and IFA
  • Practical Implementation, setting and testing at sandbox

Module One-Scope of E-Invoice

  • What is E-Invoice?
  • Benefits to taxpayers
  • Type of transactions
  • Implementation timeline
  • Revenue determinant

Module Two-Type of exemptions

  • Ruler and ruling chief, consort of a ruler, and consular offices and diplomatic
  • Government, state government and local authority
  • Individual not doing business

Module Three-Transmission mechanism

  • MyInvois Portal
  • API-Taxpayer’s system
  • API-Peppol
  • API-Middleware

Module Four-Required field

  • Party and contact details
  • Invoice details & unique ID No.
  • Product & service details
  • Payment information & additional field

Module Five-Type of E-Invoice transactions

  • Invoice
  • Credit note
  • Debit note
  • Refund note

Module Six-General operational transactions

  • Disbursement & reimbursement
  • Perquisites and benefits
  • Profit distribution and dividend
  • Currency exchange rate
  • Cross border transaction
  • Foreign income

Module Seven-Specific Industries transactions

  • Insurers
  • Brokers
  • Independent Financial Advisers

Module Eight-Practical implementation

  • MyInvois portal and first time log in
  • Configuration of Company Profile
  • Configuration of Customer Profile
  • Configuration of Supplier Profile
  • Classification code Setting
  • Test environment at Sandbox
  • E-Invoice Template

For In-House training, please email us at tstseminar@gmail.com or info@tst.my

FOR MORE INFORMATION, PLEASE CONTACT US:

TST CONSULTANTS SDN BHD (631559-X)
No. 5-1, Jalan 3/125D, Desa Petaling
57100 Kuala Lumpur

Email: info@tst.my, tstseminar@gmail.com
Contact us: +603 9057 1233 (Ms Sally)
WhatsApp: +6016 209 2085 (TST)

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