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Accounting Software for E-Commerce Businesses in Malaysia

Manage online sales, inventory, expenses, payments and accounting in one place while keeping your business ready for Malaysian e-Invoicing with Refrens.

Built for E-Commerce Brands & Online Sellers in Malaysia | Shopify Integration | MyInvois e-Invoicing | Inventory | Multi-Currency | Accounting & Financial Reports

Trusted by growing
businesses in Malaysia

Why Refrens is Suitable Accounting Software for E-Commerce Businesses

E-commerce businesses handle frequent sales, customer payments, inventory movement, supplier purchases and operating expenses. Refrens keeps these workflows connected so your books stay organised as order volume grows.

Manage Sales and Customer Invoices

Create and manage customer invoices while keeping sales records organised and connected with your accounting.

Track Inventory and Stock Movement

Monitor available stock and inventory movement as products are purchased, sold and transferred.

Record Supplier Purchases and Expenses

Record supplier bills, product purchases and day-to-day operating expenses in the same accounting system.

Reconcile Bank Transactions

Match bank transactions with invoices, payments, purchases and expenses to identify missing or unmatched entries faster.

Manage Multiple Currencies

Create transactions in multiple currencies while maintaining organised accounting records for international sales and purchases.

Track Receivables and Payables

See outstanding customer payments and supplier dues so your team can stay on top of cash flow.

Accounting and Profitability Reports

Generate accounting and profitability reports to understand sales, expenses, margins and overall business performance.

Connect Supported Shopify Tax Workflows

Connect supported Shopify workflows with Refrens to simplify the accounting and tax handling of online sales.

Manage Key Workflows from Mobile

Access important sales, invoicing, payment and business workflows from your mobile device while you are on the move.

One Platform for E-commerce Accounting

Automated Recurring Invoices
Turn Online Sales Into Accounting

Keep customer billing and accounting connected as your e-commerce business processes more transactions.

  • Create professional customer invoices
  • Record payments against invoices
  • Track paid, partial and outstanding amounts
  • Issue credit and debit notes when required
  • Maintain complete customer transaction history
  • Keep sales connected with accounting records
Automatic Expense Workflow Assignment in Refrens
Manage Inventory as Your Store Grows

E-commerce businesses need accurate stock visibility to avoid overselling, shortages and unnecessary reordering.

  • Track stock in real time
  • Manage inventory across multiple locations
  • Transfer stock between warehouses
  • Set low-stock and reorder alerts
  • Track batches and serial numbers where required
  • Manage multiple units of measurement
  • Review product-wise inventory movement
  • Monitor product profitability
Convert Purchase Orders without re-entering data
Keep Supplier Purchases Organized

Keep procurement and supplier accounting connected with your inventory and financial records.

  • Create and manage purchase orders
  • Record supplier bills
  • Track supplier outstanding
  • Maintain vendor statements
  • Record freight and procurement expenses
  • Keep purchase transactions connected with inventory
  • Track supplier payments
Refrens Shopify App - Shopify Store Integration
Connect Your Shopify Store With Refrens

E-commerce businesses using Shopify can connect their store with Refrens and keep supported tax configurations aligned with their invoicing workflow.

  • Integrate your Shopify store with Refrens
  • Manage tax-inclusive or tax-exclusive pricing
  • Configure tax treatment on shipping rates
  • Set tax rates for different regions
  • Apply product-specific tax overrides where required
  • Keep Shopify tax settings aligned with your invoicing setup
  • Reduce repetitive tax configuration work
LHDN Compliant E-invoicing Software
E-Invoicing Made Simple for E-Commerce Businesses

Keep Malaysian e-Invoicing connected with your regular sales and accounting workflow instead of managing compliance separately.

  • Create supported MyInvois e-Invoices
  • Manage supported self-billed e-Invoices
  • Maintain applicable SST details
  • Handle supported validation and correction workflows
  • Keep e-Invoice records connected with accounting
Multi-Currency Invoicing Software Dashboard - Refrens
Manage Local & International Sales Together

Invoice in 100+ Currencies: Bill Malaysian customers in MYR and international customers in currencies such as SGD, USD, EUR, GBP, AUD and more.

Automatic or Custom Exchange Rates: Use available exchange rates or enter an agreed custom rate when required.

Keep MYR as Your Accounting Base: Keep foreign-currency transactions connected with MYR financial reporting.

Track Forex Gain & Loss: Account for exchange-rate differences between invoicing and final settlement.

Track profit margins for each product easily
Know Which Products Are Actually Profitable

High sales do not always mean high profit. Refrens helps you understand what remains after product costs and operating expenses.

  • Track product-wise profitability
  • Compare purchase and selling prices
  • Monitor cost of goods sold
  • Track operating expenses
  • Identify higher-margin products
  • Review overall business profitability
  • Use historical data to improve pricing decisions
Accounting Software - Bank Reconciliation
Make Bank Reconciliation Easier

E-commerce businesses often process many incoming payments while making frequent supplier, logistics and operating payments. Refrens helps keep bank activity aligned with your books.

  • Upload supported bank statements
  • Match incoming payments with invoices
  • Match supplier payments with purchases
  • Match outgoing transactions with expenses
  • Identify transactions missing from your ledger
  • Review unmatched bank entries
  • Reduce month-end reconciliation work
  • Keep bank and accounting balances aligned
Automatic Expense Workflow Assignment in Refrens
Keep E-Commerce Expenses Under Control

Online businesses often have costs spread across advertising, software, logistics, marketplaces and fulfilment. Keep them organised within your accounting.

  • Record advertising and marketing expenses
  • Track shipping and courier costs
  • Record marketplace and platform fees
  • Track software and subscription expenses
  • Record packaging and fulfilment costs
  • Manage warehouse-related expenses
  • Track supplier and contractor payments
  • Record recurring business expenses
AI OCR Scanning
Scan Bills & Receipts With AI OCR

Reduce manual data entry when recording supplier invoices and business expenses.

  • Upload supplier bills and receipts
  • Extract important transaction details with AI
  • Record logistics and courier bills faster
  • Capture software and advertising invoices
  • Reduce repetitive accounting entry
  • Keep expense documents organised
See full Accounting Software FeaturesExplore Accounting

Understand Your E-Commerce Business With Financial Reports

Turn everyday sales, purchases, inventory and expenses into financial information you can use to manage your business.

Profit & Loss

Track revenue, cost of goods, operating expenses and overall profitability.

Trading Account

Understand the direct financial performance of your buying and selling activity.

Balance Sheet

Review your assets, liabilities and overall financial position.

Cash Flow Statement

See how money moves into and out of your business.

Trial Balance

Review account balances and check your books before financial reporting.

Ledger Reports

View transaction history and balances across individual accounting accounts.

Receivable Reports

Monitor customer outstanding and unpaid invoices.

Payable Reports

Track amounts still due to suppliers.

Inventory Reports

Review stock levels, movements and product performance.

Product Profitability Reports

Identify which products contribute the strongest margins.

E-invoicing made simpler with Refrens
Explore E-invoicing

Simple Plans That Fit Every Business and Every Budget

Affordable and scalable pricing plans designed for Malaysian Small Business to simplify accounting, bookkeeping, and e-Invoicing.
Refrens Free Plan
Signup for FreeStart using Refrens for free and manage your business accounting with essential tools. Create invoices, track expenses, and organize financial records without any upfront cost.
Refrens Premium
Explore Premium FeaturesUpgrade to the Premium plan to unlock advanced accounting features, automation, and enhanced capabilities to manage your finances faster and scale your business efficiently.

Happy Customers

Very easy to use, quick to set up, and saves a lot of time. Customer support is fast and helpful. they are available in Whatsapp communication at anytime.For the price, it's excellent value. Highly recommend to any business owner especially small scal.
Mohammed SSales Manager
Ontogen
Refrens Invoice Software has transformed the way we handle invoicing! Its user-friendly interface and powerful features have streamlined our invoicing process, saving us time and ensuring accuracy.
OntogenFounder, Ontogen Digital
Harsh
The user-friendly interface and excellent customer support are a game-changer for us.
Harsh S.Trader, Textiles Trading

Why E-Commerce Businesses in Malaysia Choose Refrens

E-commerce businesses deal with high transaction volumes, changing inventory, supplier payments and operating expenses every day. As sales grow, maintaining separate spreadsheets for stock, purchases and accounting becomes harder to manage.

Refrens connects invoicing, inventory, purchases, expenses, payments and accounting so online sellers can manage the financial side of their business from one platform.

For Malaysian businesses, Refrens also supports MyInvois e-Invoicing, SST-ready invoicing and multi-currency accounting.

Common Accounting Challenges for E-Commerce Businesses

  • Keeping sales and inventory in sync
  • Tracking stock across warehouses
  • Managing frequent supplier purchases
  • Recording shipping and fulfilment expenses
  • Tracking platform and marketing costs
  • Managing customer refunds and adjustments
  • Reconciling frequent bank transactions
  • Understanding product profitability
  • Managing international sales and currencies
  • Keeping e-Invoicing and accounting connected

Refrens is a Good Fit for E-Commerce Businesses That Want To:

  • Manage invoicing and accounting together
  • Track stock in real time
  • Manage supplier purchases
  • Connect supported Shopify tax workflows
  • Record operating expenses
  • Simplify bank reconciliation
  • Track product profitability
  • Manage multiple currencies
  • Monitor receivables and payables
  • Generate financial reports
  • Stay ready for MyInvois e-Invoicing

Frequently Asked Questions (FAQ)

E-commerce businesses generally need accounting software that connects sales, inventory, supplier purchases, expenses, payments and financial reporting. Refrens brings these workflows together in one platform.

Yes. Refrens supports integration with Shopify, including supported tax configuration workflows for product pricing, shipping rates, regions and product-level tax overrides.

Yes. Refrens supports inventory tracking, stock movement, low-stock alerts and multi-location inventory management.

Yes. You can maintain stock separately across multiple warehouses or storage locations and record stock transfers between them.

Yes. You import your bank statement as CSV or PDF. Refrens reads the transactions and automatically matches them against your recorded invoices, bills, payments, and expenses. Unmatched entries are flagged for review.

Refrens' Smart Transaction Analysis reads Indian bank statement PDFs, including unstructured formats from major Indian banks, and extracts party names and transaction categories automatically. You do not need to manually categorize or copy transaction lines.




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