InvoiceNow (PEPPOL E-Invoicing)
Fast & Seamless Payment
InvoiceNow saves you time by simplifying and smoothing the process of sending and receiving invoices through your finance or accounting system. The ability to accept e-payments with PayNow is the main benefit for SMEs who use InvoiceNow.
Even if the sending and receiving ends are using different accounting systems, InvoiceNow will still work as long as both accounting systems comply with the international Peppol standards. And many reputable and reliable accounting systems worldwide today are already on the Peppol network.
InvoiceNow + Sage 300
E-Invoice
Reduce errors and time spent on manual invoicing.Faster Payments
Validate e-invoices by unique UENs. Send/receive payments across financial systems.Go Green. Save Costs.
E-invoicing is paperless, eco-friendly. No printing costs.Success Story...
SIT, Singapore's first University of Applied Learning, leverages InvoiceNow to enhance invoice accuracy and efficiency, enabling faster payments and stronger vendor relationships. By adopting e-invoicing, SIT reduces errors, goes paperless, and supports its transition to the new Punggol Campus in 2024.
InvoiceNow empowers companies of all sizes with seamless invoicing, faster digital payments, and a more sustainable approach to business.
GST-registered Businesses
InvoiceNow will be a requirement for GST-registered businesses. Businesses will be required to transmit invoice data to IRAS using InvoiceNow solutions via the InvoiceNow network. This requirement will be implemented progressively:
Lead Time for Compliance
To allow businesses sufficient lead time to prepare, the GST InvoiceNow Requirement will be implemented progressively as follows:
| Implementation Date | Who it applies to |
|---|---|
| 1 Nov 2025 | Companies that register for GST voluntarily within 6 months of incorporation date. |
| 1 Apr 2026 | All new voluntary GST registrants* regardless of incorporation date or business structure. * New voluntary GST registrants refer to businesses that apply for voluntary GST registration on or after 1 Apr 2026. |
| 1 Apr 2028 | All new compulsory GST registrants^ Existing GST-registered businesses with total annual supplies ≤ S$200,000 ^ New compulsory GST registrants refer to businesses that apply for compulsory GST registration on or after 1 Apr 2028. |
| 1 Apr 2029 | Existing GST-registered businesses with total annual supplies ≤ S$1,000,000 |
| 1 Apr 2030 | Existing GST-registered businesses with total annual supplies ≤ S$4,000,000 |
| 1 Apr 2031 | Existing GST-registered businesses with total annual supplies > S$4,000,000 |
Total annual supplies refer to the total value of standard-rated, zero-rated and exempt supplies (i.e. Box 4 of GST return), made in all the prescribed accounting periods ending in calendar year 2025.
InvoiceNow for Government Vendors
Approximately half of government vendors are now registered on the nationwide e-invoicing network, InvoiceNow. Over the coming years, the Government will adopt InvoiceNow as the default e-invoice submission channel for all registered business vendors, ultimately replacing the Vendors@Gov portal for this group.
We strongly encourage vendors who are already on the network to begin submitting e-invoices via InvoiceNow, and urge those who have not yet joined to register and start using the platform as soon as possible.
How to Implement InvoiceNow
Connecting to InvoiceNow is simple and may not require changes to your existing accounting or finance system.
For SMEs with an existing accounting or finance solution
Step 1: Check if your accounting or finance solution is InvoiceNow-Ready and listed on the IMDA-accredited InvoiceNow-Ready Solution Provider List.
Step 2: Get your InvoiceNow-Ready Solution Provider to activate the InvoiceNow feature on your existing solution.
Step 3: You are ready to InvoiceNow! Send and receive invoices directly through your finance or accounting solution.
For large enterprises
Get in touch with an IMDA pre-approved Access Point Provider to help you connect to the Peppol Network.