A semantic data model refers to a structured set of information ... of e-invoice data by both the sender and the recipient, even when they operate across different systems, sectors, or countries.

PETALING JAYA: A total of 7,900 companies have adopted the e-invoice system, involving 87 million issuance overall as of Nov 19, says the Finance Minister. Datuk Seri Anwar Ibrahim said that it ...

Developed by the German Forum for Electronic Invoicing, ZUGFeRD allows businesses to send invoices that are both visually readable and easily processed by software systems. That’s why even if ...

A panel of the NBR has suggested the introduction of an e-invoicing system to collect value-added tax (VAT) to establish transparency in the collection of the indirect tax, the biggest source of ...

“This positive trend has resulted in a total of 17,000 taxpayers, including companies, businesses, and organisations, actively using the system, generating about 137 million e-invoices,” it ...

However, the upcoming mandate requires each transaction to have its own e-invoice after Feb 1. While larger firms with robust IT systems and personnel are better positioned to adapt, Koong said ...