Create Bookkeeper Invoice in MYR →

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Malaysia Tax Information

10% sales / 8% service

SST: 10% sales tax on goods, 8% service tax. GST was abolished in 2018.

Bookkeeper Services to Invoice

  • Monthly bookkeeping
  • Bank reconciliation
  • Accounts payable
  • Accounts receivable
  • Payroll support
  • Financial reports
  • Catch-up bookkeeping

Invoice Requirements in Malaysia

SST registration number
Business registration
Client details
SST breakdown
Total in MYR

Payment Terms

Monthly retainer paid in advance. Catch-up projects 50% deposit.

CashNet 30Net 60End of Month

Payment Methods in Malaysia

Bank TransferDuitNowFPXCredit CardTouch 'n Go

Bookkeeper Invoice Tips

  • Specify period covered
  • Include transaction count
  • Note software used
  • Reference deliverables
  • Document hours if applicable

Frequently Asked Questions

What tax rate applies to bookkeeper invoices in Malaysia?

Malaysia has 10% sales / 8% service. SST: 10% sales tax on goods, 8% service tax. GST was abolished in 2018.

What payment methods are common for bookkeepers in Malaysia?

Common payment methods in Malaysia include: Bank Transfer, DuitNow, FPX, Credit Card, Touch 'n Go. Monthly retainer paid in advance. Catch-up projects 50% deposit.

What should bookkeeper invoices include in Malaysia?

Your invoice should include: SST registration number, Business registration, Client details, SST breakdown. For bookkeeper services specifically, also include: Monthly bookkeeping, Bank reconciliation, Accounts payable.

How to price bookkeeping?

Monthly flat fee based on transaction volume. $300-2000/month typical for small business.

Charge for catch-up work?

Hourly or per-month-behind rate. Catch-up is intensive work, price accordingly.

Does Malaysia have GST?

No, GST was abolished in 2018. Malaysia now uses SST.