Overview of the e-Invoice Model
To assist the transition to e-Invoice, taxpayers can choose the best technique for transmitting e-Invoices to IRBM based on their business needs and unique situation.
There are two (2) alternatives for e-invoice transmission techniques for taxpayers to select
MyInvois Portal
- A portal hosted by IRBM.
- Free to all taxpayers
- Also accessible to taxpayers who need to issue an e-invoice where the Application Programming Interface (API) connection is unavailable.
Application programming interface (API)
- An API is an element of programming code that allows for direct data communication between the taxpayer's system and the MyInvois system.
- Requires upfront investment in technology and changes to taxpayers' existing systems.
- Ideal for large taxpayers or organizations with significant transaction volume.
The figure below shows the e-Invoice workflow from the time a sale or transaction is made and an e-Invoice is issued by the supplier via MyInvois Portal or API, to the point when validated e-Invoices are stored on IRBM’s database for taxpayers to view their respective historical e-Invoices.
