Software · Malaysia · Head-to-head
Bukku vs Financio (by ABSS)
Two Malaysia software options, compared side by side for Malaysia trades.
Which should you choose?
Bukku and Financio (by ABSS) are both Tier S: our check found each one's prices published on its own website, so you can compare their costs before talking to sales. The tier is not a quality ranking: weigh the pros, cons, pricing and Malaysia-specific notes below against your trade and region.
Bukku
Tier S · Published pricesMalaysian cloud accounting with a free invoicing plan and LHDN e-Invoice
Bukku is a cloud accounting product from Nukleus Ventures Sdn Bhd, with a free invoicing plan for new companies and four paid accounting plans, all with unlimited users. Nukleus Ventures is a Peppol certified access point under MDEC, Malaysia's Peppol authority. Bukku says 65,000+ companies have activated its software.
Pros
- + Free Launch invoicing plan for new companies and startups
- + Published prices from RM35 per month, with unlimited users
- + Peppol certified access point (MDEC)
- + Standard, consolidated and self-billed e-invoices to MyInvois
Cons
- − Paid plans are charged 8% SST on top of the listed price
- − SST and multi-currency are add-ons on the Seed and Grow plans
- − Launch plan is aimed at companies under six months old
- − No construction job-costing features found on its pages
Malaysia note
Bukku says e-invoice submission to LHDN MyInvois is one click from its invoices and that it handles consolidated and self-billed e-invoices, on every plan including the free one. Its developer, Nukleus Ventures Sdn Bhd, is on the Peppol list of certified access points under MDEC.
Financio (by ABSS)
Tier S · Published pricesCloud accounting and payroll for Malaysian SMEs from ABSS
Financio is the cloud accounting and payroll product of Asian Business Software Solutions (ABSS), the former MYOB South Asia, which rebranded to ABSS in 2018 and launched Financio in Malaysia and Singapore in 2017. The Star reported in June 2022 that Censof Holdings had raised its stake in ABSS to 97%. ABSS also sells the desktop ABSS Accounting and Premier range and says more than 400,000 SMEs use its software.
Pros
- + Published prices from RM50 per month
- + LHDN e-invoices included in both plans
- + Payroll product from the same vendor
- + 30-day free trial of the Premier plan
Cons
- − Essentials plan includes only 25 LHDN e-invoices
- − No permanently free plan
- − SST treatment of the listed prices not stated
- − No construction job-costing features found on its pages
Malaysia note
Financio says its users can send, receive and track e-invoices with LHDN, and its e-invoice guide covers consolidated and self-billed e-invoices and credit or debit notes. The Essentials plan includes 25 LHDN e-invoices and Premier 5,000, so check the quota against your invoice volume.
More Malaysia options
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