Accounting software for small businesses in Malaysia

Cash in the drawer, DuitNow QR, Touch 'n Go eWallet, card terminal, and the occasional bank transfer from a regular customer. At close of day you are cross-checking a terminal slip against a WhatsApp payment screenshot against what's in the till, and the difference gets written off as "rounding". By month end nobody can say what the business really took in.

Sales tax and service tax work differently, thresholds differ by activity, and the RM500,000 line (RM1,500,000 for food and beverage service tax) is measured on a rolling basis — so a good year can quietly push you over. Most owners either register too early out of fear or find out too late and face a scramble to backfill records for the SST-02 return.

E-invoicing is being phased in across Malaysian businesses by size, and the smallest businesses are last in the queue — but "last" is not "never". If your invoices live in a Word template and your sales live in a cash-register roll, you have no structured data to submit when your turn comes.

You know the fast movers by feel, but you don't know which lines are quietly tying up cash on the shelf, which supplier crept their prices up, or what your real margin is after wastage and discounts. Counting stock means shutting early on a Sunday and reconciling a paper list nobody trusts.

The Tallium AI POS records every sale by payment method — cash, QR, e-wallet, card, transfer — and posts it straight into your accounts as it happens. End of day gives you an expected-versus-counted cash figure with the variance shown plainly, so a RM20 gap is a five-minute question instead of a month-end mystery.

Because every sale is captured in one place, your rolling twelve-month turnover is a report, not a reconstruction. If you are already registered, Tallium AI tags sales tax and service tax separately and produces the period totals you need to complete your SST-02 return. Rates, thresholds and taxable-activity rules change — confirm current rules with RMCD or a qualified local tax professional before you register or file.

Invoices are issued from Tallium AI with proper line items, tax treatment, buyer details and your SST registration number where it applies — real data in real fields, not a printed template. That means when e-invoicing reaches your size band, you already have the underlying records in order rather than starting from a shoebox. Check your own phase-in date with RMCD, LHDN's MyInvois guidance, or a local tax professional.

Inventory moves as you sell, so stock levels and cost of goods flow into your profit figure automatically. AI insights flag slow movers, unusual spend and supplier price creep, and receipt scanning turns a photo of a supplier bill into a categorised expense — so the numbers are current without an evening of data entry.