Accounting and e-invoice software for Malaysian SMEs, compared
In short: if you only need to issue a few e-invoices, the LHDN MyInvois Portal is free. For full accounting software, Bukku has a free-forever Launch plan and paid plans from RM35/month. SQL Account, AutoCount, QNE AI Accounting and Biztory are Malaysian and priced in ringgit. Xero prices in US dollars, has a 50% Malaysia offer until 31 December 2026, and says its prices rise from 1 November 2026.
Since LHDN began phasing in e-invoicing, most Malaysian SMEs need software that can send invoices to MyInvois. Below are the accounting tools listed on SIM, with price, free option and e-invoice support. Every price was taken from the vendor's own page on 16 October 2026. Prices and promotions change, so check the vendor's page before you buy.
How we picked: these are the accounting tools aimed at Malaysian SMEs listed in SIM's directory. This is not a paid ranking, no vendor paid to be included, and this page has no sponsor or affiliate links.
Comparison table
| Tool | Made in | Starting price (as shown by vendor) | Free option | LHDN e-invoice | Source |
|---|---|---|---|---|---|
| LHDN MyInvois Portal | Malaysia (LHDN) | Free | Yes: accessible to all taxpayers at no cost | Official LHDN portal (no bookkeeping) | hasil.gov.my |
| Bukku | Malaysia | Launch RM0; Seed RM35/mo; Grow RM65/mo; Prime RM95/mo; Elite RM135/mo (+8% SST). Yearly billing saves 2 months | Yes: Launch plan, “Free Forever”; 30-day Elite trial | Bukku promotes LHDN e-invoice readiness; check each plan's e-invoice limits | bukku.my/pricing |
| SQL Account | Malaysia | Cloud Essential RM79/mo; Pro RM109/mo; RM60 per extra user | Free demo/trial only | Yes (“LHDN e-Invoice & SST compliance” on both plans) | sql.com.my/pricing |
| AutoCount | Malaysia | Cloud Accounting from RM28/mo for the first year (limited-time offer, T&C apply). Regular price not shown | Free trial | Yes (AutoCount sells e-invoice solutions) | autocountsoft.com |
| QNE AI Accounting | Malaysia | Prime RM24.80/mo billed yearly in the first year (usual RM62/mo); Essential RM100/mo; Professional RM130/mo; Growth RM180/mo (billed yearly, excl. SST) | Free trial | Yes (“E-invoice: Included”) | qne.cloud/my |
| Biztory | Malaysia | Yearly plans: Plus RM690, Growth RM1,290, Pro RM2,490 a year (as shown on 16 Oct 2026) | Trial version available | Yes (plans include an e-invoicing quota) | biztory.com.my/pricing |
| Xero | International | USD. Malaysia offer, 50% off for 36 months if bought before 31 Dec 2026: Lite US$3.50, Starter US$14.50, Standard US$25, Premium US$37.50 a month, then US$7 / 29 / 50 / 75. Xero says subscription prices rise from 1 Nov 2026 | Free trial | Yes (“E-Invoicing ready” on all four plans) | xero.com/my/pricing |
| Zoho Books | International | Free plan; paid plans are priced by region, so check Zoho's page for your price | Yes (free plan) | Through the paid “eInvoice Malaysia for Zoho Books” extension (price on Zoho Marketplace) | zoho.com/books, Zoho Marketplace |
| Dext | International (add-on) | From US$25.21/mo billed yearly (US$302.50/yr, 250 documents a month) | Free trial | Not an accounting ledger: it captures receipts and bills for your accounting software | dext.com |
All facts checked 16 Oct 2026.
Verdict: best for…
- LHDN MyInvois Portal: very small businesses that issue only a few e-invoices. It is free and run by LHDN, but it does no bookkeeping.
- Bukku: a free starting point for new and micro businesses. The Launch plan is free forever and Bukku recommends it for companies under 6 months old. All Bukku plans come with unlimited users.
- SQL Account: SMEs that want a long-standing Malaysian package with support. Both plans list 1 year of phone support and monthly training; Pro (RM109/mo) adds inventory.
- AutoCount: shops that also want POS and HR software from the same vendor. AutoCount sells accounting, POS and HRMS. The RM28/mo cloud price is a first-year, limited-time offer.
- QNE AI Accounting: businesses that want a built-in AI assistant. The Essential plan lists Quinny AI with 800 credits a month.
- Biztory: SMEs that prefer one yearly payment in ringgit. All listed plans are billed yearly, and a trial version is available.
- Xero: businesses whose accountant already uses Xero, or that bill in several currencies. Prices are in USD. The 50% offer applies to subscriptions bought before 31 Dec 2026, and Xero says its prices go up from 1 Nov 2026.
- Zoho Books: businesses already using other Zoho apps. Malaysian e-invoicing needs a separate paid extension from the Zoho Marketplace.
- Dext: bookkeepers with lots of paper receipts. It reads receipts and bills; it does not replace accounting software.
Bukku on SIM › · LHDN MyInvois Portal on SIM › · Malaysian payment gateways compared › · Best AI tools for Malaysian SMEs › · AI tool prices in ringgit › · All comparisons ›
Frequently asked questions
What is the cheapest way to issue LHDN e-invoices in Malaysia?
The LHDN MyInvois Portal is free for all taxpayers. If you also want bookkeeping, Bukku's Launch plan costs RM0; check its e-invoice limits on Bukku's pricing page (checked 16 Oct 2026).
Which accounting software is made in Malaysia?
Of the tools on this page, Bukku, SQL Account, AutoCount, QNE AI Accounting and Biztory are Malaysian, and all five publish prices in ringgit.
Does Xero support Malaysian e-invoicing?
Xero's Malaysia pricing page lists “E-Invoicing ready” on all four plans. Prices are in US dollars, and Xero says subscription prices rise from 1 November 2026.
Which accounting software uses AI?
QNE AI Accounting lists the Quinny AI assistant on its Essential plan. Dext reads receipts and bills automatically, and Xero lists Smart Document Capture. Use each free trial to compare AI features yourself.
Do I still need an accountant if I use these tools?
The software keeps records and sends e-invoices. It does not replace professional tax or audit advice, and many SMEs share their software with an external accountant.
Is Zoho Books free in Malaysia?
Zoho Books has a free plan. For LHDN e-invoicing you need the paid “eInvoice Malaysia for Zoho Books” extension from the Zoho Marketplace; check the current price there before you sign up.
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