Invoicing and payments
A practical InvoiceNow checklist for SG SMEs
InvoiceNow helps Singapore businesses exchange structured invoice data through the Peppol network. From 1 November 2025, GST-registered businesses are required to issue sales invoices through InvoiceNow, with the inbound receiving leg rolling out across 2026.
## What this mandate changes for an SG SME
InvoiceNow replaces manual re-entry with a structured exchange route. The transition touches your accounting system, your supplier records, and the way your finance team closes each month-end.
### Start with the current workflow
List the invoice fields your team currently enters today, then compare them with the fields your accounting system can transmit through Peppol. The diff tells you exactly which workflows need a rewrite before the November deadline.
## A short implementation checklist
Confirm your GST registration status and your current Peppol readiness. Select an access point that matches your transaction volume. Test a live exchange with one supplier before the deadline. Document your exception path for month-end close.
Bookmark this page for your next finance review, or return when the next HuiDots guide in this series lands.