E-InvoicingMalaysia

Million Accounting vs SQL Accounting

Side-by-side comparison for LHDN MyInvois e-invoicing in Malaysia 2026. Find out which solution fits your business.

Last updated: March 2026Independent comparison — not affiliated with either vendor
Million Accounting logo

Million Accounting

No annual subscription � Malaysian accounting built for SMEs

LHDN CertifiedOn-premiseFrom RM42/mo
Leads on 2 criteria
SQL Accounting logo

SQL Accounting

Malaysia's #1 accounting software with built-in LHDN e-invoicing

LHDN CertifiedSaaSFrom RM80/mo

Feature Comparison

FeatureMillion AccountingSQL Accounting
Starting Price
RM42/moBetter
RM80/mo
Software Type
On-premise
SaaS
LHDN Certified
✓
✓
Peppol Ready
–
–
API Available
–
✓Better
Implementation Support
✓
✓
Industries Covered
6
8Better

Industry Coverage

IndustryMillion AccountingSQL Accounting
Retail✓✓
Manufacturing✓✓
Construction✓✓
F&B✓✓
Professional Services✓✓
Logistics✓✓
Healthcare–✓
Education–✓

About Million Accounting

A long-established Malaysian accounting software with one-time on-premise licensing and an optional cloud version. Handles multi-company, multi-currency, payroll, stock, and POS with MyInvois API submission built in. Widely used by Malaysian SMEs and accounting firms.

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About SQL Accounting

SQL Accounting is Malaysia's most widely adopted accounting software, trusted by over 250,000 companies. It offers full LHDN MyInvois integration with automated e-invoice generation, real-time submission, and comprehensive SST compliance. With modules covering inventory, billing, and payroll, it provides an all-in-one solution for businesses transitioning to mandatory e-invoicing.

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Choose Million Accounting if…

  • ✓More affordable starting price (RM42/mo)
  • ✓You need on-premise deployment for data control
View Million Accounting profile

Choose SQL Accounting if…

  • ✓You need API integration with your existing systems
  • ✓Your business spans multiple industries
  • ✓You prefer a cloud-based solution with no hardware
View SQL Accounting profile

Frequently Asked Questions

Is Million Accounting or SQL Accounting better for MyInvois in Malaysia?

Both Million Accounting and SQL Accounting support LHDN MyInvois e-invoicing in Malaysia. Million Accounting does not currently support Peppol, while SQL Accounting does not currently support Peppol. The best choice depends on your invoice volume, industry, and whether you need Peppol for B2G or international transactions.

What is the price difference between Million Accounting and SQL Accounting?

Million Accounting starts from RM42/month. SQL Accounting starts from RM80/month. Actual costs vary based on users, modules, and transaction volume.

Does Million Accounting support Peppol e-invoicing in Malaysia?

Million Accounting does not currently list Peppol readiness. For businesses requiring Peppol (such as those trading with government agencies), consider a Peppol-ready vendor from our directory at https://einvoicingmalaysia.com/vendors?peppol=true.

Which industries does Million Accounting support?

Million Accounting supports the following industries: Retail, Manufacturing, Construction, F&B, Professional Services, Logistics.

Can I switch from Million Accounting to SQL Accounting mid-year?

Switching e-invoicing software mid-year is possible but requires careful data migration planning. Ensure your historical e-invoice records and UUIDs from MyInvois are exported before switching. Both vendors may offer data migration support — confirm with each vendor before committing.

Related Comparisons

sql accounting vs autocount→sql accounting vs bukku→sql accounting vs xero→sql accounting vs zoho books→

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EInvoicingMalaysia.com is an independent directory. We are not affiliated with LHDN or the Malaysian government.