Choosing an InvoiceNow solution
How do we choose an InvoiceNow solution?
The situation
Transmission runs through InvoiceNow-Ready Solutions over the Peppol network, using IMDA-accredited Access Point Providers.
The law
- GST InvoiceNow Requirement (IRAS e-Tax Guide and FAQ): Voluntary registrants from 1 Apr 2026 must transmit invoice data through InvoiceNow; phased to all registrants by 1 Apr 2031
What it means for you
Check that the solution sends both sales and purchase data and handles non-Peppol records. Compare cost, integration with your accounting software and support. The 3E guide notes the current solution list can be used until 31 March 2027.
What to do
- List your accounting systems.
- Shortlist InvoiceNow-Ready Solutions.
- Test sales and purchase flows.
- Sign up and train staff.
We can do this for youGST InvoiceNow readiness: SGD 1,200