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Introduction of SQL Account Malaysia
What Is SQL Account Malaysia?
SQL Account — developed by SQL ERP Sdn Bhd and distributed across Malaysia by authorised resellers like KC Group — is Malaysia's most widely adopted on-premise accounting software for small and medium-sized enterprises (SMEs). First launched in the early 2000s, SQL Account has evolved into a comprehensive business management platform covering accounts payable, accounts receivable, inventory, payroll, point of sale, and now full e-Invoice compliance as mandated by the Inland Revenue Board of Malaysia (LHDN).
Unlike purely cloud-based alternatives, SQL Account runs natively on Windows with optional cloud backup — giving Malaysian business owners the best of both worlds: the speed and reliability of a local installation, plus remote accessibility when needed.
Why Malaysian SMEs Choose SQL Account Malaysia
With dozens of accounting software options available in Malaysia — from AutoCount to QuickBooks to Xero — why do so many Malaysian businesses keep choosing SQL Account? The answer lies in its deep localisation, government compliance, and unmatched value for money.
- Made for Malaysia: Built around Malaysian accounting standards, BM/EN bilingual support, MYR multi-currency, and local bank integration (Maybank, CIMB, RHB, Public Bank, etc.).
- LHDN Approved e-Invoice: Full integration with MyInvois, LHDN's official e-Invoice portal — mandatory for businesses with annual turnover above RM 500,000 starting August 2025.
- SST & GST Reporting: Automatic SST-02 return generation, GST audit file (GAF) export, and real-time tax liability dashboards.
- Affordable Licensing: One-time software purchase with optional annual support plan — no monthly SaaS fees eating into your margins.
- Huge Reseller Network: 200+ authorised resellers nationwide including KC Group, ensuring fast local support.
- Scalable Modules: Start with basic accounts; add Inventory, Payroll, POS, Manufacturing, or HR as your business grows.
Key Features of SQL Account Malaysia
SQL Account is not just a bookkeeping tool — it is a full-suite business management system. Here is a breakdown of the modules most relevant to Malaysian SMEs in 2026:
Sales & Invoicing
Create quotations, sales orders, delivery orders, invoices, and credit notes. Automatic e-Invoice generation and submission to MyInvois with QR code validation.
Inventory Management
Real-time stock tracking, multi-location warehouse, reorder alerts, batch & serial number tracking, and stock valuation (FIFO, weighted average).
Accounts Payable & Receivable
Full supplier and customer ledger management, aging reports, payment vouchers, official receipts, and automated bank reconciliation.
Banking & Reconciliation
Import bank statements directly from Maybank2u, CIMB BizChannel, RHB Reflex and more. Auto-match transactions for one-click reconciliation.
Payroll & HR
EPF, SOCSO, EIS, PCB (MTD) auto-calculation. EA Form, CP39, CP22 generation. Fully compliant with LHDN salary deduction rules.
Reporting & Analytics
Balance sheet, P&L, trial balance, cash flow, ageing reports, SST-02, and custom report builder — all exportable to Excel, PDF, or sent directly to LHDN.
Manufacturing (Add-on)
Bill of materials, production orders, work-in-progress tracking, and cost analysis — ideal for Malaysian SME manufacturers.
Point of Sale (POS)
Retail-ready POS with barcode scanning, member pricing, cashier management, end-of-day reports, and auto-sync to SQL Account inventory.
e-Invoice & LHDN Compliance 2025 Mandatory
The single biggest reason Malaysian businesses are upgrading their accounting software in 2025 is the mandatory implementation of LHDN e-Invoice. The Inland Revenue Board of Malaysia requires all businesses to issue and submit e-Invoices through the MyTax / MyInvois portal in phases:
| Phase | Effective Date | Who Is Affected |
|---|---|---|
| Phase 1 | 1 August 2024 | Businesses with annual turnover > RM 100 million |
| Phase 2 | 1 January 2025 | Businesses with annual turnover RM 25M – RM 100M |
| Phase 3 Upcoming | 1 August 2025 | ALL remaining businesses (incl. SMEs above RM 500K) |
SQL Account has been certified by LHDN as a compliant e-Invoice solution. When you raise a sales invoice in SQL Account, the software automatically:
- Formats the invoice to the LHDN-required UBL 2.1 XML standard.
- Submits it to the MyInvois portal via API in real time.
- Receives a Unique Document Reference Number (UDRN) and validation QR code from LHDN.
- Prints the validated e-Invoice with the QR code — ready to send to your customer.
You can verify your business's obligation and submission status directly on the official LHDN MyTax portal or read the full e-Invoice guidelines on the LHDN official website.
SST & Tax Handling in SQL Account
Since the reintroduction of the Sales and Services Tax (SST) in September 2018, Malaysian businesses have had to carefully manage their tax obligations. SQL Account makes SST compliance straightforward:
Sales Tax (10% / 5%)
SQL Account maintains a SST-registered item master where you tag each product with the correct Sales Tax rate. When you create a sales invoice, tax is calculated automatically. The software generates the SST-02 return directly — no manual spreadsheet consolidation required.
Service Tax (8%)
Service Tax on professional fees, consultancy, IT services, and F&B is automatically tracked per invoice. SQL Account's tax code system lets you apply different rates to different service categories, ensuring your SST-02A submissions are accurate and timely.
Import Duties & Customs
For importers and manufacturers, SQL Account supports landed cost calculations and Customs (Kastam) duty tracking, integrated with your inventory costing.
SQL Account vs Competitors — 2026 Malaysia Comparison
Choosing the best accounting software in Malaysia means weighing features against price, local support, and compliance readiness. Here is how SQL Account stacks up against the most popular alternatives:
| Feature | SQL Account | AutoCount | QuickBooks | Xero |
|---|---|---|---|---|
| LHDN e-Invoice | ✔ Built-in | ✔ | ✘ | ✘ |
| SST-02 Auto-Generate | ✔ | ✔ | ✘ | ✘ |
| EPF / SOCSO Payroll | ✔ | ✔ | ✘ | ✘ |
| Malaysia Bank Integration | ✔ 12+ banks | ✔ | Limited | Limited |
| One-Time Purchase Option | ✔ | ✔ | ✘ SaaS only | ✘ SaaS only |
| Offline / On-Premise | ✔ | ✔ | Partial | ✘ |
| Manufacturing Module | ✔ | ✔ | ✘ | ✘ |
| Local Support (Malaysia) | ✔ 200+ resellers | ✔ | Online only | Online only |
| Starting Price (MYR) | From RM 1,588 | From RM 1,388 | ~RM 200/mo | ~RM 200/mo |
Bottom line: For Malaysian businesses that need full local compliance — especially e-Invoice and SST — SQL Account and AutoCount are the only two credible choices. Between the two, SQL Account edges ahead with a larger reseller network, more mature manufacturing module, and broader module ecosystem for growing businesses.
SQL Account Malaysia Price & Plans 2026
SQL Account follows a perpetual licence model — you pay once and own the software. Annual support renewals are optional but recommended for updates, new compliance patches (e.g., e-Invoice updates), and hotline support.
Typical SQL Account Pricing Guide (2026)
| Package | Users | Best For | Est. Price (MYR) |
|---|---|---|---|
| SQL Account Starter | 1 User | Sole proprietors, freelancers | From RM 1,588 |
| SQL Account SME | 3–5 Users | Small businesses, retailers | From RM 3,500 |
| SQL Account Professional | Unlimited | Growing SMEs, manufacturers | POA |
| Annual Support Plan | All users | e-Invoice updates, support | ~20% of licence fee/year |
* Prices are estimates and may vary. Contact an authorised reseller for a formal quotation.
Frequently Asked Questions
Is SQL Account approved by LHDN for e-Invoice in Malaysia?
Yes. SQL Account is a certified e-Invoice solution recognised by LHDN (Inland Revenue Board of Malaysia). It connects directly to the MyInvois API to submit, validate, and receive QR-coded e-Invoices in real time — fully compliant with the government's phased e-Invoice mandate.
What is the difference between SQL Account and AutoCount?
Both are Malaysian-made, LHDN-compliant accounting software with strong local support. SQL Account generally has a larger reseller network (200+ vs AutoCount's ~150), a more mature manufacturing module, and slightly broader integration options. AutoCount is often preferred by businesses in the Klang Valley retail sector. Both are excellent choices for Malaysian SMEs.
Can I use SQL Account in the cloud?
SQL Account is primarily an on-premise software installed on Windows PCs or servers. However, you can access it remotely via Remote Desktop (RDP) or SQL Account's own cloud backup and remote access solution. Full cloud SaaS mode is not the primary deployment model — which is a key reason SQL Account remains fast and reliable even in areas with limited internet connectivity.
Does SQL Account support SST in Malaysia?
Yes, SQL Account is fully SST-compliant. It supports Sales Tax (5% and 10%), Service Tax (8%), and Tourism Tax. The software auto-generates SST-02 and SST-02A returns ready for submission to Royal Malaysian Customs Department (RMCD). You can also check your SST registration status on the MySST portal.
How much does SQL Account cost in Malaysia?
SQL Account pricing starts from approximately RM 1,588 for a single-user licence. Multi-user packages, add-on modules (Payroll, POS, Manufacturing), and annual support plans affect the total cost. For an accurate quotation tailored to your business needs, contact KC Group — an authorised SQL Account reseller in Malaysia.
Is SQL Account suitable for small businesses and sole proprietors?
Absolutely. SQL Account's single-user Starter edition is specifically designed for sole proprietors, micro-businesses, and freelancers who need professional invoicing, bookkeeping, and SST/e-Invoice compliance without the complexity or cost of enterprise systems.
Where can I buy SQL Account in Malaysia?
SQL Account is sold through an authorised reseller network across Malaysia. KC Group is an authorised SQL Account reseller offering software supply, professional installation, staff training, data migration, and ongoing technical support. You can also find resellers through SQL ERP's official partner directory.
Conclusion: Is SQL Account the Right Choice for Your Malaysian Business?
If your business operates in Malaysia and you need a reliable, locally-supported, LHDN e-Invoice compliant accounting solution, SQL Account is hard to beat. It balances depth of features with ease of use, offers genuine local support through an extensive reseller network, and keeps pace with Malaysia's evolving tax regulations — from SST to the new mandatory e-Invoice system.
Whether you are a sole proprietor just starting out, a retail chain managing multi-location inventory, or a manufacturer tracking production costs — SQL Account has a module and a price point for you.
The bottom line: For the vast majority of Malaysian SMEs, SQL Account represents the best balance of price, compliance, and local support available in 2026. Do not wait until Phase 3 e-Invoice deadlines arrive — get set up now.
👉 Click here to learn more about SQL Account Malaysia from KC Group — Malaysia's trusted SQL Account authorised reseller.