SQL Account
Malaysia's most widely adopted accounting software, fully MyInvois e-invoicing and LHDN compliant
SQL Account is a Malaysian accounting, payroll, and POS platform used by an estimated 250,000+ companies, sold as a one-time RM1,499 perpetual license rather than a subscription. It is fully integrated with LHDN's MyInvois e-invoicing system and Malaysian SST, with a companion SQL Payroll module covering EPF, SOCSO, PCB, and EIS statutory deductions. Eligible SMEs can buy it at 50% off through Malaysia's Digitalisation Matching Grant.
- ✓One-time RM1,499 license with unlimited company accounts, unusual in a market of recurring SaaS subscriptions
- ✓Full LHDN MyInvois e-invoicing integration ahead of Malaysia's phased e-invoice mandate
- ✓SQL Payroll module handles Malaysia-specific EPF, SOCSO, PCB, and EIS calculations
- ✓50% government grant discount available for qualifying Malaysian SMEs
- ×One-time license model means major version upgrades may carry separate costs, unlike an all-inclusive SaaS subscription
- ×Primarily a Malaysia-market product, with no stated Thai, Indonesian, or Vietnamese tax-compliance modules
- ×Desktop-first heritage; cloud/mobile experience may be less polished than newer cloud-native accounting SaaS
- ×No public free tier — evaluation runs through a free onsite demo rather than self-serve signup
About SQL Account
SQL Account (from SQL Accounting Software / E Stream MSC) is a Malaysian accounting, payroll, and point-of-sale platform used by an estimated 250,000+ companies. It covers general ledger, invoicing, inventory, and POS, with full LHDN MyInvois e-invoicing integration — automated e-invoice generation and real-time submission — and Malaysian SST compliance. SQL Payroll is sold as a companion module handling EPF, SOCSO, PCB, and EIS statutory calculations. Unlike most regional accounting SaaS, SQL Account is sold as a one-time perpetual license rather than a recurring subscription, and qualifying Malaysian SMEs can buy it at 50% off through the government's Digitalisation Matching Grant scheme.
Key Features
Best For
Southeast Asia Fit
SQL Account is built specifically around Malaysia's LHDN e-Invoice (MyInvois) mandate and SST tax regime, with payroll statutory calculations (EPF, SOCSO, PCB, EIS) unique to Malaysian employment law. Its one-time license model and Digitalisation Matching Grant eligibility are aimed squarely at Malaysian SMEs adapting to mandatory e-invoicing rather than a generic regional accounting template.
- Thailand fit
- None documented. SQL Account is built around Malaysian LHDN e-Invoice and SST compliance and Malaysian payroll statutory law; no Thai Revenue Department e-tax invoice or PromptPay integration is documented.
- SEA localization
- Malaysia only. Its core differentiators — MyInvois e-invoicing, SST compliance, and EPF/SOCSO/PCB/EIS payroll — are all specific to Malaysian regulation, with no other SEA market served.
- Malaysia
- SEA
Integrations
- Other
- LHDN MyInvois
- SQL Payroll
- ↗SQL Accounting is sold as a one-time RM1,499 license with unlimited company accounts, plus a separate one-time SQL Payroll purchase covering EPF, SOCSO, PCB, and EISverified 2026-08-17
- ↗SQL Account provides full LHDN MyInvois e-invoicing integration with automated generation and real-time submissionverified 2026-08-17
- ↗SQL Account and SQL Payroll are recognized Malaysian accounting and payroll softwareverified 2026-08-17
- ↗SQL Account Official Website
- ↗SQL Account Pricing Plans
- ↗SEA Operational Audit 2026
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Related Analysis & Guides
The questions operators actually ask.
Does SQL Account support Malaysia's MyInvois e-invoicing?
Yes. SQL Account has full LHDN MyInvois integration, including automated e-invoice generation and real-time submission, and the vendor documents how to complete company profile setup for MyInvois readiness.
Is SQL Account a subscription?
No. It's sold as a one-time perpetual license — RM1,499 for unlimited company accounts and computers — rather than a recurring SaaS fee, though SQL Payroll is a separate one-time purchase.
Does SQL Account handle Malaysian payroll statutory deductions?
Yes, through the companion SQL Payroll module, which calculates EPF, SOCSO, PCB, and EIS and integrates with SQL Account.
Can Malaysian SMEs get a discount on SQL Account?
Eligible SMEs — trading over a year, with minimum RM100,000 annual turnover and majority Malaysian ownership — can buy SQL products at 50% off through the government's Digitalisation Matching Grant.