Hanoi, Jan. 29 -- Malaysia is encouraging micro, small and medium-sized enterprises (MSMEs) to voluntarily adopt e-invoicing as part of efforts to accelerate digital transformation and improve business resilience.

According to Dr Rasyidah Che Rosli, director of the Tax Operations Sector, e-Invoicing Division under the Inland Revenue Board of Malaysia (IRB), the implementation of e-Invoicing completes the transition of business document management from manual methods to digital, which adds value to businesses.

She said e-Invoicing replaces traditional practices that rely on physical record-keeping such as receipts, manual logbooks and invoice files, which are exposed to risks such as loss, damage, incorrect recording and the need for sto...