SEAMLESS E-INVOICING FOR SINGAPORE BUSINESSES
Simplify Your InvoiceNow Implementation with SQL
Experience seamless e-Invoicing with SQL Account’s integration with Peppol InvoiceNow, enabling secure and compliant digital invoice exchange across businesses.
SQL Account is InvoiceNow Ready
SQL Accounting InvoiceNow is a quick, easy and secure way to send and receive E-Invoices directly into your businesses’ accounting software.
Faster
Invoicing
Quicker
Payment
By utilizing the natinowide E-Invoice network, Peppol, instead of email, InvoiceNow ensures seamless transmission of invoices from one accounting software to another, resulting in faster invoicing and quicker payments.
InvoiceNow Implementation Latest Timeline
1 Nov 2025
For companies that
voluntarily
register for GST within
6 months of incorporation date
1 Apr 2026
For
all new voluntary
GST registrants,
regardless of
incorporation date
or
business structure
1 Apr 2028
All new compulsory
GST registrants and
existing
GST-registered businesses
with
annual taxable supplies ≤ S$200,000
1 Apr 2029
All new and existing
GST-registered businesses with
annual taxable supplies ≤ S$1,000,000
1 Apr 2030
All new and existing
GST-registered businesses with
annual taxable supplies ≤ S$4,000,000
1 Apr 2031
All new and existing
GST-registered businesses with
annual taxable supplies > S$4,000,000
1 Nov 2025
For companies that voluntarily register for GST within 6 months of incorporation date
1 Apr 2026
For all new voluntary GST registrants, regardless of incorporation date or business structure
1 Apr 2028
All new compulsory GST registrants and existing GST-registered businesses with annual taxable supplies ≤ S$200,000
1 Apr 2029
All new and existing GST-registered businesses with annual taxable supplies ≤ S$1,000,000
1 Apr 2030
All new and existing GST-registered businesses with annual taxable supplies ≤ S$4,000,000
1 Apr 2031
All new and existing GST-registered businesses with annual taxable supplies > S$4,000,000
*Refer to IRAS for the latest updates.
Ready to Get Started with InvoiceNow?
SQL Account’s InvoiceNow solution helps simplify your invoicing workflow, reduce manual processes, and enable secure e-Invoice exchange with your business partners
Benefits of IRAS GST InvoiceNow
❮
Quicker Refunds And Audits Reduce
Reduce audit risks and benefit from faster GST refund claims for companies that have been classified as lower-risk.
Decreased Errors And Expenses
Keep all invoices electronic to reduce errors, rectification charges, and storage expenses.
Better Management Of Cash Flow
Accelerate the invoicing process and improve your cash flow management.
GST Compliance Made Easy
Keep accurate records and minimise errors in GST reporting and claims.
Simplified Procedures
Automate the delivery of electronic invoices and do away with manual processes such as sending, receiving, and recording.
❯
How InvoiceNow Works for Businesses
Step 01
Send via InvoiceNow
Send an invoice int he standard digital format for quicker processing and validation – straight from SQL Account into your customer’s accounting software.
-
Standardised Peppol BIS format
-
Auto-validation before send
-
Direct sftware-to-software delivery
Step 02
Get paid via PayNow
Your customers can then pay via PayNow or other e-payment methods, and reconciliation is automatic.
-
Instant PayNow settlement
-
Automated reconciliation
-
Real-time payment status
InvoiceNow Ecosystem Overview
Seller (C1) sends the e-invoice to the Seller’s Access Point (C2). The document is securely transferred through the Peppol Network to the Buyer’s Access Point (C3), then delivered to the Buyer (C4).
The invoice data is submitted to IRAS (C5) through the Seller’s Access Point (C2), and IRAS (C5) sends the validated invoice data to the Buyer’s Access Point (C3).Empower Your Business with Digital Invoicing
Stay connected with Singapore's nationwide e-Invoicing network and manage your invoices more efficiently with SQL Account
