Best accounting software in Malaysia (2026)

Lejar publishes this page, and Lejar is one of the options on it. We state other vendors’ facts only as their own public pages state them, with the date we checked. Where we did not check a fact, the page says so.

There is no single best accounting software for every Malaysian business. If you want a free plan with MyInvois e-invoicing, Lejar and Bukku both have one. If you need deep inventory, point of sale or manufacturing, AutoCount and SQL Account are the established choices. If you want a global product with a large app marketplace and can pay in US dollars, there is Xero. Lejar is the option for an owner who wants AI to draft the bookkeeping and several companies on one plan.

Prices checked on 30 October 2026 on each vendor’s pricing page. Feature details checked between 27 June and 29 July 2026; each product shows its own date below.

How do the options compare?

One row per product. Scroll the table sideways on a phone.

Accounting software in Malaysia compared on price, MyInvois, SST, multi-company support and Bahasa Malaysia interface
Software	Free plan	Paid plans	MyInvois e-invoice	SST	Several companies	BM interface
Lejar	Yes, 1 company, no time limit	RM39 to RM169 a month (Starter to Pro). Business includes 3 companies, Pro includes 6.	Yes, live and free on every plan, including Free	Bi-monthly SST-02 return from Starter (RM39 a month)	3 companies on Business, 6 on Pro, then RM25 a month each, one login	Partly. Sales, purchase, payment and bank import screens are in Bahasa Malaysia. Some screens, such as reports, are still in English.
Bukku	Yes, Free Forever plan	RM35 to RM135 a month (Seed to Elite)	Yes, on all plans including the free tier, with consolidated and self-billed e-invoices	SST-02 is a paid add-on on Seed and Grow, included on Prime and Elite	Each SSM-registered company needs its own subscription, with one login across companies	Not checked
Financio	No, 30-day free trial	RM50 to RM85 a month (Accounting Essentials to Premier)	Yes, on both plans, metered at 25 e-invoices a month on Essentials and 5,000 on Premier	SST rate and tax-code setup	Up to 10 companies under one email, each with its own paid subscription	Not checked
AutoCount Cloud Accounting	Not listed	RM70 to RM180 a month (Lite to Pro), plus RM10 to RM20 a month per extra user	Yes, live through the AutoCount e-Invoice Platform with a direct LHDN connection	SST-02 return built in	Each company is a separate paid Cloud subscription	Not checked
SQL Account Cloud	No, free trial	RM79 to RM109 a month (Essential to Pro)	Yes, native and connected directly to the LHDN MyInvois API	SST-02 and SST-02A built in	Priced per company, with no bundled multi-company plan	Not checked
Xero	No	USD 7 to USD 75 a month (Lite to Premium), billed in US dollars	Yes, on paid plans through Invoici, a Peppol access point Xero integrates with	SST rate tracking and reports. The SST-02 is filed by hand in MySST.	A separate paid subscription for each organisation	Not checked
Biztory	No	RM3,990 a year for 3 users, plus RM3,000 one-off implementation	Yes, native, with self-billed invoices and bulk consolidated submission	LHDN e-invoicing and SST listed in its Accounting + Ops plan	One company per account, with branches of that company supported	Not checked

What is each option good at, and where does it fall short?

Lejar

Who it is for: Malaysian SMEs and owners of several companies who want AI to draft the bookkeeping and approve each entry themselves.

Strengths

The AI Inbox reads receipts and bills line by line and drafts the entry. Nothing posts until you approve it.
Ask Lejar, a chat assistant that answers from your own figures, is on every plan.
The MPERS chart of accounts is built in.
MyInvois e-invoicing costs nothing extra on any plan.
Lejar has a Xero data import tool for businesses that move from Xero.

Limits

No payroll module.
No point of sale, manufacturing, serial or batch tracking, or purchase orders.
No Peppol network connection and no self-billed e-invoices yet.
Bank statements come in by upload. There is no live bank feed.
A new product with self-serve online support.

Features checked 1 November 2026. Prices checked 30 October 2026. Lejar pricing

Bukku

Who it is for: A single Malaysian SME that wants a free plan for invoicing and e-invoicing, and receipt capture by WhatsApp.

Strengths

Digital Shoebox captures receipts, including by WhatsApp upload.
SmartRecon matches bank transactions.
Perpetual inventory and a MiniPOS mobile app.
Open API and Shopee and Lazada sync through PayRecon.
Bukku states 65,000+ companies use it.

Limits

Receipt capture is capped by plan at 50, 100, 200 or 400 documents a month.
Prices are quoted before the 8% service tax.
No built-in consolidated group reporting.

Features checked 27 June 2026. Prices checked 30 October 2026. Bukku pricing page · Full comparison, with sources

Financio

Who it is for: Startups and small businesses that want a simple two-plan product from ABSS (formerly MYOB Malaysia).

Strengths

Stock with FIFO or average costing, finished-goods assembly and Lazada stock sync.
A live two-way bank feed with RHB.
Financio Payroll is available as a separate subscription.

Limits

Receipt scanning is metered: 5 scans a month on Essentials, 50 on Premier.
Multi-currency is on Premier only.
No conversational AI assistant in the sources we checked.

Features checked 29 July 2026. Prices checked 30 October 2026. Financio pricing page · Full comparison, with sources

AutoCount Cloud Accounting

Who it is for: Trading, retail and manufacturing businesses that need deep inventory, POS and a local reseller to set it up.

Strengths

Deep inventory: multi-location, serial and batch, manufacturing, retail and F&B POS.
AI SmartScan receipt capture on Cloud tiers.
AutoCount HRMS covers payroll as a separate system.
AutoCount states 240,000+ companies and a large reseller network.

Limits

Auto bank feeds with three banks (Hong Leong, Maybank, UOB). Other banks need a file import.
Extra users cost more each month.
Its Cloud API is listed as to be announced.

Features checked 27 June 2026. Prices checked 30 October 2026. AutoCount Cloud Accounting pricing page · Full comparison, with sources

SQL Account Cloud

Who it is for: Established businesses that want inventory, POS and offline use, with onsite training from a reseller.

Strengths

Inventory, POS, manufacturing and Shopee and Lazada sync.
Hybrid cloud with offline use.
SQL Payroll is available as a separate subscription.
SQL states 320,000+ companies and 200+ resellers.

Limits

No AI assistant.
No published REST API.

Features checked 27 June 2026. Prices checked 30 October 2026. SQL Account Cloud pricing page · Full comparison, with sources

Xero

Who it is for: Businesses that want a global product with a large app marketplace and can pay in US dollars.

Strengths

A marketplace of 800+ third-party apps.
Live direct bank feeds for CIMB and RHB.
Tracked inventory on every plan.

Limits

Billed in US dollars.
The MPERS chart of accounts is not pre-loaded.
No live feed for Maybank.
Multi-currency is on the Premium plan only.

Features checked 27 June 2026. Prices checked 30 October 2026. Xero pricing page · Full comparison, with sources

Biztory

Who it is for: A single company, often with several branches, that banks with Hong Leong Bank.

Strengths

A live auto-sync feed with Hong Leong Bank ConnectFirst.
A published developer API.
Inventory with serial numbers.

Limits

Billed yearly, with a one-off implementation fee.
AI receipt OCR is in a separate AI package, from RM2,500 a month.

Features checked 2 November 2026. Prices checked 30 October 2026. Biztory pricing page · Full comparison, with sources

How should an SME owner choose?

Start with e-invoicing. Check whether MyInvois is included on the plan you will buy, and whether the plan limits how many e-invoices you can submit each month. Our MyInvois guide explains the rules.
Count your companies. Most products charge a separate subscription for each company. If you run two or more, compare the total price for all of them.
Check SST. If you are SST-registered, check that the plan prepares the SST-02 return and is not an add-on.
Decide what you need beyond the books. Payroll, point of sale and manufacturing are strong in AutoCount and SQL Account. Lejar and Bukku focus on bookkeeping, invoicing and e-invoicing.
Look at who does the data entry. Some products read receipts for you, with a monthly cap. Lejar’s AI Inbox drafts each entry from a receipt or bill for you to approve.
Try it on your own figures. Use a free plan or a free trial with one month of real receipts and invoices before you commit.

Frequently asked questions

What is the best accounting software in Malaysia for a small business?

It depends on what you need most. If you want a free plan with MyInvois e-invoicing, Lejar and Bukku both have one. If you need deep inventory, point of sale or manufacturing, AutoCount and SQL Account are the established choices. If you want AI to draft your entries and you run more than one company, Lejar covers several companies on one plan.

Which accounting software in Malaysia has a free plan?

From each vendor's pricing page on 30 October 2026: Lejar has a Free plan for one company with no time limit, and Bukku has a Free Forever plan. Financio, SQL Account Cloud, Xero and Biztory do not have a free plan, and AutoCount Cloud Accounting does not list one.

Which accounting software supports MyInvois e-invoicing?

All seven products on this page support MyInvois. The difference is the cost and the limits. Lejar includes it free on every plan. Bukku includes it on all plans, including its free tier. Financio meters it per month. Xero supports it on paid plans through a partner, Invoici.

What is a good Xero alternative in Malaysia?

Lejar prices in Ringgit, has the MPERS chart of accounts built in and has a Xero import tool that brings over your opening balances and open receivables and payables. Paid plans start at RM39 a month. Bukku, SQL Account and AutoCount also price in Ringgit.

How much does accounting software cost in Malaysia?

From each vendor's pricing page on 30 October 2026: Bukku from RM35 a month, Lejar from RM39, Financio from RM50, AutoCount Cloud Accounting from RM70 and SQL Account Cloud from RM79. Xero bills in US dollars, from USD 7 a month. Biztory is RM3,990 a year for 3 users plus a one-off implementation fee.

Is this comparison independent?

No. Lejar publishes this page and Lejar is one of the options on it. We state rivals’ facts only as their own public pages state them, with the date we checked. Where we did not check a fact, the page says so.

Start free See Lejar pricing MyInvois in Lejar Switching guides