Our top pick, checked 16 September 2026: QNE Software is the clearest choice among the vendors here if LHDN e-Invoice compliance matters to you: its Prime plan starts at RM62 a month (2 users plus 1 accountant) with the e-Invoice module included, and its N3 AI Accounting has already passed LHDN's IRBM e-Invoice sandbox integration. If price is the deciding factor instead, Beacon starts lower at RM50 a month for accounting, billing, inventory and payroll together. Three of the six vendors below (Synergy Software Solutions, Ideo Soft) don't publish a price at all, so we say that plainly rather than guessing a number.
Accounting software handles invoicing, payment vouchers and inventory so a business isn't tracking them by hand. Whether you're running a home-based business, an SME or a multinational, the right software saves hours a week and, since 2024's e-Invoice rollout, keeps you compliant with LHDN's MyInvois requirements.
Contents
- Top 6 Accounting Software in Malaysia
- Best for startups wanting an affordable yearly plan: Biztory
- Biztory
- Best for one fixed price covering accounting, billing, inventory and payroll: Beacon
- Beacon
- Best for SQL-database accounting with a one-time licence: Synergy Software Solutions
- Synergy Software Solutions
- Best for AI-driven e-Invoice compliance out of the box: QNE Software
- QNE Software
- Best for a reseller who sets up and customises AutoCount for you: Ideo Soft
- Ideo Soft
- Best for a Chartered Accountant firm that also resells Xero at a discount: ST Accounting
- ST Accounting
- What are the types of accounting software?
- How we chose
- How to choose accounting software
- Frequently asked questions
- See also
Top 6 Accounting Software in Malaysia
Best for startups wanting an affordable yearly plan: Biztory
- Contact number: 016-260 1059
- Email: [email protected]
- Operating hours: Mon – Fri, 9 AM – 6 PM
- Address: CO3 Social Office, 2-3, Jalan Merbah 1, Bandar Puchong Jaya, 47170 Puchong, Selangor
If you’re looking for cloud accounting software for small businesses and SMEs in Malaysia, then look no further than Biztory. Their software will help you better manage invoices, cash flow, taxes, and inventory. It’ll also generate financial reports hassle-free, thus simplifying your accounting procedures.
They offer 3 pricing plans ranging from RM490 per year to RM1,990 per year. In fact, to add users or branches, it’ll only cost an extra RM10 per user and RM50 per branch.
So what are you waiting for? Sign up for their free 30-day trial now!
Customer Review: “I choose Biztory because it’s so easy to create invoices. I do not have to hire a freelance accountant to do the balance sheet and double-entry as the system will automatically handle it for me. Moreover, the page loading time is faster than other cloud accounting systems.”
- Jeff Chan
Best for one fixed price covering accounting, billing, inventory and payroll: Beacon
- Contact number: 03-9058 4400
- Operating hours: Mon – Fri, 9 AM – 6 PM
- Address: 1st Floor, 25, Jalan Radin Anum 2, Bandar Baru Sri Petaling, 57000 Kuala Lumpur
Beacon is not just a billing system or invoice software. It’s an all-in-one accounting system that handles your accounting, billing, inventory, production, and payroll, all in the cloud.
There are 3 pricing plans available: “Essential” which is ideal for home and online businesses, “Pro” which is best for SMEs, and “Private” which is perfect if you want to have full control over your very own accounting software.
And the good news is, all plans come with a 14-day free trial.
Customer Review: "Thumbs up!! Very user-friendly accounting software. Easy to use. Price is very reasonable, with a strong technical team providing support. Very professional. They provide customisation for the software too!” – LH C
Best for SQL-database accounting with a one-time licence: Synergy Software Solutions
- Contact number: 012-530 0800
- Email: [email protected]
- Operating hours: Mon – Fri, 9:30 AM – 6:30 PM
- Address: C-3a-7, Kuchai Exchange, No. 43, Jalan Kuchai Maju 13, 58200 Kuala Lumpur
On top of just providing fully integrated business accounting software, Synergy Software Solutions also offers Point of Sale (POS) systems for retail and F&B businesses, accounting software for legal firms, and accounting for resident management.
If you’re a landlord, you will particularly love their apartment maintenance billing system that enables you to manage billing for water, maintenance fees, quit rent, and fire insurance to individual units.
Their accounting system is designed for Microsoft SQL, ensuring that it will scale together with your growing business.
With over 5,000 clients that have benefitted from their accounting software, it’s no wonder that Synergy Software Solutions is among the top accounting software in Malaysia.
Best for AI-driven e-Invoice compliance out of the box: QNE Software
- Contact number: 03-8943 3080
- Email: [email protected]
- Operating hours: Mon – Fri, 9 AM – 5 PM
- Address: Section 2, Suite 25-3, Plaza Cheong Hin, Jalan SP 2/1, Taman Serdang Perdana, 43300 Seri Kembangan, Selangor
QNE Software delivers a diverse range of software to meet different businesses’ needs. Some of their software includes payroll and HR software, inventory software, e-commerce software, and Point of Sale (POS) software.
Providing business accounting software in various tiers, ranging from starter pack version to special edition to professional version, businesses of all sizes can subscribe to their software.
They recently launched a new product named QNE BizPay, an advanced method of payment collection that can help your business increase 10% - 50% of its cash flow.
Customer Review: “Good system and user friendly with affordable price. Now we can just work from home with this system and reduce a lot of administration works. Save on admin hiring cost. I love it!” – Nicole Low
Best for a reseller who sets up and customises AutoCount for you: Ideo Soft
- Contact number: 03-92818018 | 016-2193037
- Email: [email protected]
- Operating hours: Mon – Fri, 9 AM – 5:30 PM | Sat 9 AM – 1:30 PM
- Address: 10-3A-2, Block 10, Level 3A, Queen's Avenue, Jalan Bayam, 55100 Kuala Lumpur
Ideo Soft doesn’t provide only accounting software. They also offer flexible payroll software, invoice management systems, fixed assets management software, payment voucher software, and business intelligence (BI) software.
Their BI software enables you to extract, analyse, and compare your business data accumulated over the years. It supports the analysis of sales across multiple timelines so that you can make informed decisions. In fact, you can easily sort, filter, summarise, and drill down the reports in real-time.
And if you would like to propel your business forward by 5x to 10x, you can engage their consulting services. Some of the areas that they provide consultation on are business process planning, hardware audit, implementation planning, and cost estimation.
Best for a Chartered Accountant firm that also resells Xero at a discount: ST Accounting
- Contact number: 016 208 4948
- Operating hours: Mon – Fri, 9 AM – 6 PM
- Email address: [email protected]
- Address: Surya Yoga, 1, Jln Astaka 4/KU2, Bandar Bukit Raja, 41050 Klang, Selangor
ST Accounting is a team of Chartered Accountants dedicated to assisting SME owners. They provide services such as online company incorporation, outsourced accounting, and outsourced payroll services. Besides, they also work using multiple cloud software solutions.
As they offer a wide range of services, their price varies.You can check and make a comparison here. As for the cloud software solutions mentioned earlier, they use Xero, HReasily, and Qlik.
Xero helps with organizing your invoices easily and it helps pay bills alongside inventory. Hreasily, on the other hand, organizes your company’s payrolls and claims. And lastly, Qlik analyses your business data efficiently.
If you happen to be an SME owner, consider booking an appointment with them for solutions to all your accounting troubles!
Customer Review: N/A
What are the types of accounting software?
For many small businesses with low transaction volumes, a spreadsheet works well enough as an accounting software as they are inexpensive and highly flexible.
Mature businesses would opt for commercially available software, which is commonly used in the business world. It contains multiple layers of error detection, is moderately configurable to the requirements of the organisation and generates standard financial reports.
Last but not least, we have enterprise planning resource software that integrates the information in an entire organisation into a single database. This type of accounting software is usually only adopted by the biggest and most complex organisations, as it can be extremely expensive and time-consuming to install.
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How we chose
We checked each vendor's own pricing page on 16 September 2026 and quote what we found exactly. Where a vendor doesn't publish a price (Synergy Software Solutions, Ideo Soft), we say so instead of estimating. Every phone number, email and address is copied from each vendor's own site on the same date.
How to choose accounting software
Do you need LHDN e-Invoice compliance built in?
Since the MyInvois rollout, this matters for most Malaysian businesses. QNE's N3 AI Accounting has passed LHDN's IRBM sandbox integration; confirm the same for any vendor before you commit, since not every product markets this clearly.
Subscription or one-time licence?
Biztory, Beacon and QNE are monthly subscriptions (RM50 to RM390 a year up front, depending on the plan). Synergy Software Solutions sells a one-time SQL-database licence instead, which costs more upfront but has no recurring fee.
Software alone, or software plus a team to run it?
Ideo Soft and ST Accounting aren't pure software vendors: Ideo Soft resells and customises AutoCount as a service, and ST Accounting is a Chartered Accountant firm that also resells Xero. Both cost more than buying software alone, but you get a local team handling the setup (or your books) as well.
How many users does your plan actually include?
Entry-level plans often cap seats: QNE's RM62 Prime plan includes 2 users plus 1 accountant. Beacon advertises unlimited users at its fixed price instead. Check the seat count against your team size before you compare price alone.
Frequently asked questions
What are the top 10 accounting software in Malaysia?
Beyond the six we cover in depth here, the names that come up most often for Malaysian businesses are SQL Account (from around RM79 a month, strong on LHDN e-Invoice and SST compliance), AutoCount (one-time licence from around RM2,800, built for inventory-heavy and trading businesses), Bukku (a free tier plus paid plans from RM35 a month), Xero (from about US$3.50 a month, popular for international operations) and QuickBooks Online (around RM91 a month, aimed at freelancers and service businesses). Prices are what each vendor advertises publicly; confirm before you buy, as software pricing changes often.
What are the top 5 accounting software?
Among the vendors on this page, QNE, Beacon and Biztory are the most established for Malaysian SMEs on price and compliance features. If you widen the search beyond this page, SQL Account, AutoCount and Bukku are the three most commonly recommended nationally.
Which software is mostly used in accounting?
In Malaysia specifically, SQL Account and AutoCount are the two most widely deployed among SMEs and accounting firms, largely because both have supported Malaysian SST and now e-Invoice requirements the longest. Globally, Xero and QuickBooks lead among smaller, internationally-facing businesses.
Is there any free accounting software available in Malaysia?
Bukku offers a free-forever invoicing tier and a low-cost Seed plan from RM35 a month for full accounting. None of the six vendors on this page offer a fully free tier; Beacon and QNE both start under RM65 a month if a free plan isn't essential.
See also
Updated 16 September 2026: added real pros, cons and pricing detail for each of the 6 vendors, a How to Choose section, and answers to the questions people actually search for about accounting software in Malaysia, including honest context on the wider market (SQL Account, AutoCount, Bukku, Xero, QuickBooks) even where we don't carry those as picks.
