OCTIS vs MyInvois-ready accounting software in Malaysia, compared

Six packages, one question: how does each one get your invoices to LHDN, and at what cost?

Last checked 9 November 2026 · 13 sources

Otty's short answer

All six packages say they submit to LHDN MyInvois. Bukku includes it on every plan, even the free one. Financio caps submissions at 25 a month on its cheapest plan. AutoCount adds an approval step before submission. QuickBooks needs a digital certificate for third-party submission. If your turnover is under RM3 million you are exempt for now, so check the threshold before you pay.

Side by side

Swipe to see every column

What matters	OCTISSdn Bhd + OCTIS	Xero	QuickBooks Online	Bukku	Financio	SQL Account	AutoCount
Route to MyInvois	E-Invoice setup handled by OCTIS accountants	Built in, register with TIN	Built in, via Sovos	Registered MyInvois intermediary	Built in to Financio Accounting	Built in, TIN search	Direct, no middleware
Included in entry plan	Handled by OCTIS accountants	All plans e-invoicing ready	Plan coverage not stated	Every plan, even free	Yes, capped at 25	Both cloud plans	Yes, cloud from RM28
Entry price per month	Not published; 10–30% below your current bill	US$3.50 promo (Lite)	Not published	RM35, or free Launch	RM50	RM79	From RM28, 1-year offer
Consolidated and self-billed	Handled by OCTIS accountants	Consolidated draft at month end	Both supported	Consolidated shown	Not stated	Batch submit to portal	All three types
Digital certificate	Handled by OCTIS accountants	Not stated	Needed for third-party submission	Not stated	Not stated	Not stated	Not stated
Try before paying	30-day money-back guarantee, terms apply	30 days	30 days	Free plan, 30-day Elite	30 days	Free demo	Free trial

Data sources & disclaimer: Comparison data was compiled from publicly available sources — including the competitors' own published pricing and feature pages — captured on 9 November 2026. Figures reflect the typical or advertised pricing at that time and may have changed since; plans, inclusions and prices vary by provider, region and promotion. OCTIS is independent and not affiliated with the named companies; all trademarks belong to their respective owners. This comparison is provided in good faith for general information only and is not professional, legal or financial advice — please verify current details with each provider before deciding.

Which one fits you

OCTIS · Sdn Bhd + OCTIS
Choose OCTIS if you would rather have accountants set up e-Invoice and do the bookkeeping, tax filing and SST for you than run accounting software yourself.
Xero
Choose Xero if you want a global tool, no per-user fees and a built-in route that drafts the month-end consolidated invoice.
QuickBooks Online
Choose QuickBooks if you want e-invoicing through Intuit's Sovos link with no added fee, and can obtain a digital certificate.
Bukku
Choose Bukku if you want e-invoice on every plan, including free, at the lowest published cloud price.
Financio
Choose Financio if you issue few invoices and want ringgit billing with status tracking, but watch the 25 a month cap.
SQL Account
Choose SQL Account if you want e-invoice in a fixed-price cloud plan, TIN search and a month-long submission window.
AutoCount
Choose AutoCount if you need an approval step, all three e-invoice types and no middleware.

What the table does not show

Who has to use e-invoicing now

LHDN raised the e-invoice exemption threshold from RM1 million to RM3 million of annual sales, effective 1 September 2026, according to a statement reported by Malay Mail. Businesses under RM3 million are not required to implement it, though LHDN encourages voluntary use. Financio's LHDN page adds that firms with revenue between RM3 million and RM5 million have a transition period to 31 December 2027, during which consolidated e-invoices are allowed without penalty. Dates have changed several times, so confirm on the LHDN site.

Built in versus a connector

Most vendors here say they submit directly. AutoCount stresses that it needs no third-party middleware. QuickBooks goes through Sovos and says there is no extra fee, but a digital certificate is needed when you submit through a tool like QuickBooks instead of the MyInvois portal. Bukku describes itself as a registered MyInvois intermediary. A reseller review claims QuickBooks needs middleware, which conflicts with Intuit's pages, so test your first live invoice in the sandbox or trial before you rely on any package.

Questions to ask before you buy

Ask four things. Does my plan include e-invoice, or is it an add-on? Is there a monthly cap, as on Financio Essentials? Does the product handle consolidated invoices for walk-in sales and self-billed invoices for suppliers who cannot issue one? And who updates it when LHDN changes validation rules, such as the recent phone and email field changes Financio flagged? Keep a record of your customers' TINs, because rejected submissions usually come from missing or wrong buyer details.

Where OCTIS fits

Software submits the invoice; someone still has to keep the books right behind it. OCTIS bookkeeping reconciles your sales and purchases in the package you already run, and OCTIS also files tax and coordinates the statutory audit with an independent licensed auditor. If you pay an accountant today, ask for a quote: OCTIS aims for 10% to 30% off your current bill.

See OCTIS pricing

Frequently asked questions

Which accounting software supports LHDN MyInvois in Malaysia?

Xero, QuickBooks Online, Bukku, Financio, SQL Account and AutoCount each state that they submit e-invoices to LHDN MyInvois. They differ in plan coverage, monthly caps, certificate requirements and approval steps. Compare those, not the headline claim.

Is e-invoicing mandatory for small businesses in Malaysia?

Not if annual sales are under RM3 million. LHDN raised the threshold from RM1 million to RM3 million from 1 September 2026. Related companies and larger customers may still require you to comply, and LHDN encourages voluntary adoption, so check the guideline for your situation.

Can I submit e-invoices without accounting software?

Yes. LHDN's MyInvois portal lets you key in invoices manually, and QuickBooks' help page notes that a digital certificate is not needed when you submit directly through the portal. This works for a few invoices a month but becomes slow as volume grows.

What is a consolidated e-invoice?

It combines many small sales, such as walk-in receipts, into one e-invoice for a period. Xero drafts one at month end, QuickBooks offers a consolidated option, and AutoCount builds one per outlet. During the relaxation period LHDN allows consolidated invoices without penalty for businesses between RM3 million and RM5 million.

Do I need to change software for e-invoicing?

Not necessarily. Many existing packages added MyInvois support, and some exempt firms need nothing yet. Change only if your current tool cannot submit, caps your volume or needs a costly add-on. Ask your vendor for the e-invoice version and any extra fee in writing.

Sources

Checked on the date above. Links open the provider's or regulator's own page.