Release Notes - Financio v3.15.0 (GST InvoiceNow)

Introduction

We’re excited to introduce GST InvoiceNow (C5) integration in Financio — bringing seamless, Peppol-based e-invoicing for GST-registered businesses in Singapore.
This release aligns with IRAS and IMDA’s e-invoicing framework to digitalize GST reporting and automate data submissions through the InvoiceNow network.

With this update, Financio users can now send and receive invoices directly between systems, transmit GST data to IRAS, and enjoy better compliance accuracy with less manual work.

Objectives

• ✅ Reduce manual GST reporting and submission tasks
• ⚡ Enable faster GST refunds and shorter audit cycles
• 🧾 Improve reporting accuracy for both sales and purchases

New Features

1. Activate & Manage GST InvoiceNow

InvoiceNow is a nationwide e-invoicing system introduced by IMDA, based on the global Peppol standard. It allows businesses to send and receive invoices in a structured digital format directly between systems and reducing manual work and errors.

Under the new GST reporting rules, GST-registered businesses are required to use InvoiceNow to submit invoice data to IRAS for tax purposes. 

Note: Only GST-registered businesses are eligible for GST InvoiceNow activation.

For more details, please click here.

2. Send Sales Invoice / Credit Note / Aggregated Invoice to IRAS via InvoiceNow 

This feature enables GST-registered businesses to send invoice data directly to IRAS using InvoiceNow, in line with the new GST InvoiceNow requirement. With this feature, businesses can enjoy smoother tax reporting, reduce manual work, and align with national e-invoicing standards.

• The “Send to IRAS” checkbox is automatically enabled for GST InvoiceNow customers.
• Once saved, the invoice data is securely transmitted to IRAS via the Peppol network.
• You can verify submission status using the InvoiceNow Evidence button.

This automation ensures all your GST-compliant invoices are sent correctly without manual re-entry.

For more details, please click here.

3. Send Purchase Bills / Debit Notes / Aggregated Bills to IRAS via InvoiceNow

This feature allows you to import supplier bills into your system and submit the relevant invoice data directly to IRAS, as required under the GST InvoiceNow framework. It ensures accurate reporting for purchase transactions and helps reduce manual data entry.

• If GST InvoiceNow is activated, Financio will automatically send supplier invoice data to IRAS when you save the record.
• You can view submission details by clicking the top-right Evidence icon on the bill or debit note screen.

This ensures complete coverage of both sales and purchase-side reporting, simplifying your GST compliance.

For more details, please click here.

4. View and Reconcile E-Invoice Transactions in Financio

This feature allows you to view and reconcile your e-invoice transactions easily in Financio. You can track all inbound and outbound InvoiceNow documents, such as sales invoices, credit notes, supplier bills, and non-Peppol records along with their submission status.

• View all inbound and outbound InvoiceNow documents (invoices, credit notes, supplier bills, aggregated invoices).
• Check their submission status or transmission evidence.
• Export your full transaction list to Excel for reconciliation, audit, or analysis purposes.

For more details, please click here.

User Benefits

Learn More

For detailed step-by-step guidance, refer to the official Knowledge Base articles:
🔗 E-Invoicing via PEPPOL (IMDA Singapore)

Or view the full user guide:
📘 C5 Financio User Guide (GST InvoiceNow Integration)