Software · Malaysia · Head-to-head

IFCA MSC Berhad vs SQL Account

Two Malaysia software options, compared side by side for Malaysia trades.

Which should you choose?

SQL Account is Tier S: our check found its prices published on its own website. IFCA MSC Berhad is Tier A. Compare the typical pricing shown for each below. The tier is not a quality ranking: weigh the pros, cons, pricing and Malaysia-specific notes below against your trade and region.

IFCA MSC Berhad

Tier A · Listed

Malaysian property and construction ERP vendor, listed on Bursa Malaysia

IFCA MSC Berhad is a Petaling Jaya-based software company, listed on Bursa Malaysia since July 2003 (stock code 0023). Its X-series suite includes ContractX for construction management, PropertyX for property developers, AccountX, HRX and an e-invoicing module. IFCA lists six offices in Malaysia plus offices in Singapore, China and Indonesia.

Pros

+ ContractX covers progress claims, variation orders, retention, subcontracts and purchasing
+ IFCA says its ERP suite, including ContractX, submits e-invoices to LHDN by direct API
+ Listed company that publishes annual and quarterly reports
+ Offices in Petaling Jaya, Penang, Johor Bahru, Kuantan, Kuching and Kota Kinabalu

Cons

− No public prices: quote from IFCA only
− Built for contractors running multiple projects; a large system for a sole trader
− Construction, property, accounting and HR are separate products in the suite

Malaysia note

Malaysian-developed and headquartered in Petaling Jaya. IFCA says ContractX handles progress claims, certifications, retention and subcontractor purchase-on-behalf invoices, and that its ERP suite submits e-invoices to LHDN's MyInvois system through a direct API.

Typical Malaysia pricing: Quote-based; no public prices.

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SQL Account

Tier S · Published prices

Malaysian accounting and payroll software, desktop or cloud, with LHDN e-Invoice

SQL Account is developed by E Stream MSC Sdn Bhd, founded in 2003, with offices in Shah Alam and Kuala Lumpur. It runs on the desktop, on SQL Cloud or on a private cloud, alongside SQL Payroll, SQL HRMS and other add-on products. E Stream says more than 320,000 companies use SQL and that it has over 1,000 business partners.

Pros

+ Published cloud prices from RM79 per month
+ E-invoice, consolidated and self-billed e-invoices to LHDN MyInvois
+ Desktop, public cloud or private cloud deployment
+ Support centres across Malaysia, including Sabah and Sarawak

Cons

− No public prices for desktop licences
− Additional cloud users cost RM60 per month each
− SST treatment of the listed prices not stated
− General accounting, not a construction-specific product

Malaysia note

E Stream says SQL Account submits e-invoices to LHDN MyInvois in one click, supports consolidated and self-billed e-invoices, and can generate a QR code so customers enter their own details for an e-invoice. E Stream MSC Sdn Bhd is a Peppol certified access point under MDEC, and its site says SQL Account covers SST.

Typical Malaysia pricing: SQL Account Cloud: Essential RM79/month, Pro RM109/month, plus RM60/month per additional user. SQL Payroll Cloud from RM69/month per company (up to 20 staff). E Stream's pricing page does not say whether SST is included. Desktop licences: no public prices; sold through partners.

Full review → Visit →

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