Accounting

2 December, 2025

E-Invoicing in Singapore: What You Need to Know

Learn how e-invoicing works in Singapore, upcoming 2025–2026 requirements for GST-registered businesses, and how to get InvoiceNow-ready.

E-Invoicing in Singapore: What You Need to Know

Electronic invoicing, better known as e-invoicing, is becoming an essential part of how businesses in Singapore exchange invoice data. Beyond being a digital upgrade, e-invoicing helps companies reduce manual work, lower errors, accelerate payments, and stay compliant with upcoming changes introduced by IMDA and IRAS.

If you’re new to e-invoicing or wondering whether it will affect your business, this guide walks you through everything:

  • What e-invoicing and InvoiceNow are
  • The benefits for SMEs and accounting teams
  • Who needs to adopt it, and when
  • How to get InvoiceNow-ready with the right software

What Is E-Invoicing (InvoiceNow) in Singapore?

E-invoicing in Singapore refers to the automatic, system-to-system exchange of invoice data between businesses, using InvoiceNow. It is built on Peppol, a global framework adopted in more than 40 countries.

Instead of sending PDFs, scanning documents, or emailing invoices manually, businesses can send and receive invoices directly between accounting software, in a structured digital format.

Not Just “Sending an Invoice Over Email”

While PDFs and email attachments are common today, they still require:

  • Manual data entry
  • Manual validation
  • Manual reconciliation
  • A lot of waiting

E-invoicing removes all these steps by letting both systems speak the same language.

Built on the Peppol Network

Singapore’s e-invoicing framework runs on Peppol, a secure global network that standardizes how invoice data is formatted and transmitted.

When you send an e-invoice via a Peppol-ready system:

  1. Your software transmits a structured digital invoice.
  2. The invoice travels through accredited access points.
  3. The receiving system ingests the data automatically.

No email. No attachments. No manual work.

Why E-Invoicing Matters for Singapore Businesses

The move toward InvoiceNow is part of Singapore’s national push for a more efficient, secure, and connected digital economy.

Here’s why SMEs, accountants, and finance teams love it.

1. Faster Processing and Fewer Errors

Manual invoicing increases the chances of:

  • Wrong amounts
  • Wrong GST
  • Duplicate invoices
  • Missing invoice numbers
  • Delayed approvals

With e-invoicing, data flows directly from your system to your customer’s system with no manual typing, cutting error rates dramatically.

2. Better Cash Flow With Faster Payments

E-invoices reach your customers instantly. They don’t sit unread in inboxes or get lost in folders.

This speeds up:

  • Invoice acknowledgement
  • Processing and approval
  • GST refunds
  • Payment cycles

For SMEs, improving cash flow is often the biggest advantage.

3. Reduced Fraud and Scam Protection

Because invoices are exchanged securely through verified access points, it becomes significantly harder for scammers to:

  • Intercept emails
  • Change bank details
  • Send fake invoices

This adds an important layer of protection for businesses.

4. Seamless Integration With Accounting and ERP Systems

E-invoicing integrates directly with accounting platforms, such as Jaz, so your workflows remain intact. You simply create invoices the way you already do.

5. Global Compatibility

Peppol is used in Europe, Australia, New Zealand, Japan, and many more regions.

If your business deals with overseas customers or suppliers, e-invoicing helps you operate on a global standard.

Who Needs to Adopt E-Invoicing in Singapore?

IMDA and IRAS have announced that e-invoicing will be implemented in phases, especially for GST-registered businesses.

Key Dates to Know (Singapore)

These are the latest milestones for adoption:

1 May 2025

Businesses that voluntarily opt in can begin adopting e-invoicing.

1 Nov 2025

Businesses that register for GST voluntarily within 6 months of incorporation will adopt e-invoicing from this date.

1 Apr 2026

All voluntary GST-registered businesses will follow e-invoicing requirements.

While requirements are phased, the direction is clear: E-invoicing will increasingly become the default way to send and receive invoices in Singapore.

What E-Invoicing Means for GST-Registered Businesses

For businesses already registered for GST, e-invoicing helps ensure transactions flow smoothly into GST reporting.

Automatic and Accurate GST Data

Because invoice details are structured and validated, errors in GST reporting are reduced.

Less Manual Correction

No re-typing invoice amounts or GST figures.

Smoother IRAS Reporting in the Future

E-invoicing lays the foundation for a more connected tax ecosystem in Singapore.

Common Questions About E-Invoicing

1. Is e-invoicing mandatory in Singapore?

For now, it applies primarily to GST-registered businesses in phases. However, many businesses are choosing to start early to streamline workflows.

2. Do I still send PDF invoices?

You may still do so, but e-invoicing adds a more reliable and automated channel.

3. Does e-invoicing replace my accounting system?

No, it works through your accounting system.

4. Is e-invoicing only for large companies?

No, SMEs benefit greatly because it removes manual work and reduces errors.

How to Get Started With E-Invoicing in Singapore

Step 1: Check that your accounting software supports InvoiceNow

Choose an InvoiceNow-Ready Solution Provider.

Step 2: Register your Peppol ID

Most software providers handle this automatically.

Step 3: Enable e-invoicing in your system

Just a quick setup. No coding or technical configuration needed.

Step 4: Start sending and receiving e-invoices

Your software will take care of formatting and sending the invoice through the network.

Starting early ensures your workflows are smooth before adoption deadlines come into effect.

Why Businesses Choose Jaz for E-Invoicing

At Jaz, we designed a modern accounting platform for SMEs and accounting firms, built with clear workflows, speed, and automation in mind.

With Jaz, you can:

Send and receive e-invoices natively

Create an invoice as usual. Jaz handles InvoiceNow and Peppol formatting and transmission.

Automate reconciliation and reduce manual work

Incoming e-invoices sync directly to your records.

Enjoy better accuracy and fewer errors

Structured data = cleaner books, faster GST reporting, fewer adjustments.

Serve clients better (for accounting firms)

Faster processing, fewer backlogs, and clearer audit trails.

Future-proof your business

E-invoicing is one part of a larger shift toward automated financial workflows. Jaz is built to help you grow into that future.

Conclusion: Start Early and Prepare Your Business

E-invoicing is transforming how businesses in Singapore exchange invoice data. It brings efficiency, speed, and security, while preparing businesses for a more connected digital economy.

Whether you’re a small business owner, a finance manager, or an accounting firm, the sooner you prepare, the smoother your transition will be.

If you’d like help understanding how e-invoicing fits into your current workflow or want to get InvoiceNow-ready, talk to us — we’ll guide you through everything.