test_2

Watch test_2 - Astro POC on Dailymotion

Transcript

00:00The government has provided soft landing elements to handle various scenarios that may arise in the implementation of e-invoice.

00:09Executive Director, Tretex Tinesh Khanna said,

00:13this step is important to ensure that companies can adapt to new regulations without major disruption to their daily operations.

00:22What do I do now?

00:24Plan B, I can go back to my current billing practice.

00:30The existing practice is to issue regular invoices from my company to your company.

00:36At the end of the month, there is a way to consolidate e-invoices.

00:42This means that the transactions that I can't issue an ideal e-invoice,

00:49I collect the amount of this transaction and register it with LHDN through e-invoice console.

01:00E-invoice is not just an invoice.

01:02It is a mechanism to register total sales and document reference for transactions that cannot be perfected

01:14by a transactional e-invoice due to issue system or data collection.

01:21On Puan Nina's side, if you want to claim deduction for this cost,

01:24you can also use a regular invoice to claim deduction and accounting.

01:29She shared her views on the business program on Thursday.

01:33On that day, Dinesh added that there are several sectors that are not allowed to use this method,

01:38including automotive, construction and flight tickets.

01:43This soft landing element is a proof of government commitment to facilitate the implementation of e-invoices

01:49and give time to companies to adjust themselves.

01:53With flexible mechanisms such as regular invoice use and e-invoice consolidation,

02:00companies can overcome technical issues that may arise and ensure their operations run smoothly.