Beginner’s Guide to Choosing the Best Accounting Software in Malaysia
Cloud accounting has become essential for Malaysian businesses, especially with the introduction of MyInvois e-invoice compliance, stricter SST rules, and increasing demands for efficiency. Choosing the right platform is no longer just about price — it’s about staying compliant, saving time, and scaling your operations.
Here’s a closer look at the Top 10 Best Accounting Software in Malaysia, highlighting the pros and cons of each. While all these platforms can help manage your accounts, AI Account distinguishes itself by leveraging artificial intelligence to achieve unmatched efficiency and lower overall ownership costs — not by cutting corners, but by eliminating inefficiencies.
Here are the Top 10 Best Accounting Software in Malaysia
AI Account
Pros:
- AI-powered automation – Intelligent categorisation, automated bank reconciliation, and anomaly detection cut down manual work significantly.
- Fully compliant – Native SST support and fully automated MyInvois e-invoicing included at no extra cost.
- Enterprise-level features for all – Multi-currency, inventory, and built-in group consolidation included even on standard plans.
- Scales effortlessly – Unlimited users, transactions, and unlimited company files (on specific plans) — ideal for multi-entity groups or accounting firms.
- Cost efficiency through AI – AI-driven automation enables lower total cost of ownership while maintaining robust functionality.
- Responsive support – WhatsApp and email helpdesk with fast response times, plus a 10-year data retention guarantee.
Cons:
- No dedicated mobile app yet, which may matter for businesses that prefer mobile-first operations.
- Smaller third-party app marketplace compared to global brands.
| Company Name: | AI Account |
| Website: | www.aiaccount.com |
| Email Address: | info@aiaccount.com |
| Contact #: | +65 96789040 |
| Address: | Level 16, 1 Sentral, Jalan Stesen Sentral 5, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Malaysia |
| Operating Hours: | Monday to Friday: 9 AM–6 PM |
| Services Offered: | Cloud-based Accounting Software |
SQL Cloud
Pros:
- Established Malaysian brand with strong SST and LHDN expertise.
- Wide dealer and on-site support network, making implementation easier in remote areas.
- Solid multi-currency and inventory features, trusted by many SMEs.
Cons:
- No native group consolidation.
- Unlimited company support not available.
- WhatsApp support is offered only through some resellers and not universally available.
| Company Name: | SQL Accounting Software |
| Website: | https://sql-account.my/ |
| Email Address: | sales@agile.com.my |
| Contact #: | +65 96789040 |
| Address: | 62-2 Jalan Tasik Utama 7 Medan Niaga Tasik Damai Sg Besi, 57000 KL |
| Operating Hours: | Mon-Fri : 9am–6pm Sat : 9am–1pm |
| Services Offered: | Cloud-based Accounting Software |
AutoCount Cloud
Pros:
- Strong for businesses with advanced inventory needs and multiple locations.
- Offers AI SmartScan and direct bank integrations.
- Good dealer and on-site training support.
Cons:
- Consolidation is absent.
- Full multi-currency and inventory functionality only available in higher-priced plans.
- WhatsApp support is only via some resellers and may vary in quality.
| Company Name: | AutoCount Cloud |
| Website: | www.autocountsoft.com |
| Email Address: | sales@autocountsoft.com |
| Address: | B2-3A-01, Level 3A, Block B2 Meritus @ Oasis Corporate Park, No. 2, Jalan PJU 1A/2, Ara Damansara 47301 Petaling Jaya, Selangor, Darul Ehsan, Malaysia |
| Operating Hours: | Monday to Friday: 9 AM–6 PM |
Bukku
Pros:
- Unlimited users, even at entry-level plans, which is rare at this price point.
- Affordable for micro and small businesses.
- Chat-based local support and e-invoice ready.
Cons:
- No group consolidation.
- Inventory management is basic and not ideal for larger stock-driven businesses.
- Lacks dedicated WhatsApp support compared to some competitors.
| Company Name: | Bukku |
| Website: | www.bukku.my |
| Email Address: | hello@bukku.my |
| Address: | Mercu 2, Level 38, 3, Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia |
| Operating Hours: | Monday to Friday: 9 AM–6 PM |
Financio
Pros:
- Integrated payroll and accounting in a single package.
- User-friendly mobile app and web interface.
Cons:
- Advanced features like multi-currency and inventory are only available on higher tiers.
- No built-in consolidation.
- Entry pricing is higher than some competitors.
| Company Name: | Asian Business Software Solutions |
| Website: | financio.co/global/ |
| Email Address: | – |
| Address: | Suite 1001-1, Level 10, Tower 1, Wisma AmFIRST, Jalan Stadium SS 7/15, Ss 7, 47301 Petaling Jaya, Selangor |
| Operating Hours: | Monday to Friday: 9 AM–6 PM |
Million Cloud
Pros:
- Simple, easy-to-learn interface ideal for less tech-savvy users.
- Backed by years of reliability from their desktop version.
- Dealers and onsite training available in many areas.
Cons:
- Simple, easy-to-learn interface ideal for less tech-savvy users.
- Backed by years of reliability from their desktop version.
- Dealers and onsite training available in many areas.
| Company Name: | Million Business Software |
| Website: | www.millioncloudaccounting.com |
| Email Address: | sales@million.my |
| Address: | 72-2, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia |
| Operating Hours: | Monday to Friday: 9 AM–6 PM |
Biztory
Pros:
- Intuitive interface, easy for beginners.
- Live chat and documentation-based support.
- E-invoice ready and affordable annual pricing.
Cons:
- Inventory features are quite basic.
- No group consolidation.
- Costs increase if you need more than one user or advanced features.
| Company Name: | Biztory |
| Website: | www.biztory.com.my |
| Email Address: | ask@biztory.com.my |
| Address: | IOI Boulevard, B-3A-3, Jalan Kenari 5, Bandar Puchong Jaya, 47100 Puchong, Selangor |
| Operating Hours: | Monday to Friday: 10:30AM-6:30PM |
Zahir
Pros:
- Strong multi-currency and branch-level inventory control.
- Flexible industry-specific versions.
- Localised support in certain niches.
Cons:
- Partial SST support and MyInvois.
- Higher pricing compared to competitors.
Support tends to be more Indonesia-centric than Malaysia-focused.
| Company Name: | Zahir |
| Website: | https://zahiraccounting.com/en-my |
| Email Address: | zahirsoftwaremalaysia@gmail.com |
| Address: | 329B, Jalan Abdul Rahman Idris, Off Jalan Raja Muda Abdul Aziz, Kuala Lumpur, 50300, Kuala Lumpur |
| Operating Hours: | Monday – Friday: 9am – 6pm |
Xero
Pros:
- Sleek, global-grade interface with extensive integrations.
- Large app ecosystem for add-ons and enhancements.
- Multi-currency and basic inventory features included.
Cons:
- SST and MyInvois compliance requires manual setup or third-party apps.
- Group consolidation available only via paid add-ons via third-party apps.
- Additional users and features increase costs quickly.
| Company Name: | Xero |
| Website: | www.xero.com |
QuickBooks Online
Pros:
- Well-established, large advisor network and good support materials.
- Promising roadmap for Malaysian e-invoice compliance.
- Attractive promotional pricing for new users.
Cons:
- SST functionality remains partial.
- Inventory and consolidation are basic and require add-ons for advanced needs.
- Local support is limited compared to Malaysia-focused players.
| Company Name: | QuickBooks |
| Website: | https://quickbooks.intuit.com/ |
Why AI Account Leads the Pack
While all ten software platforms can meet the core needs of Malaysian SMEs, AI Account’s intelligent automation makes it uniquely effective. By integrating AI into daily workflows — categorising transactions, automating compliance, reconciling accounts — it significantly reduces the manual effort required to keep books accurate and compliant.
This efficiency allows AI Account to offer enterprise-level functionality — including SST, MyInvois e-invoicing, multi-currency, inventory, group consolidation, unlimited users, and even unlimited companies — at a lower total cost of ownership than competitors.
With responsive local support, a clear roadmap aligned with Malaysia regulations, and a focus on scalability, AI Account stands out as the most forward-looking and cost-effective choice without compromising on quality.
Conclusion
If you’re looking for the right accounting software in Malaysia, weigh your options carefully. Features, compliance, support, scalability, and efficiency matter just as much as price. While every solution here has merit, AI Account’s AI-driven automation, built-in compliance, and enterprise-grade scalability put it at the top of the list — making it the smartest long-term choice for Malaysia businesses.
End of List on the Top 10 Best Accounting Software in Malaysia
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Need help on finding the right Accounting Software to assist in your company operation? Reach out to us by letting us understand your requirement and Malaysia Brand refer you to the right provider in Singapore to discuss further your needs.
