IntBooks vs Xero: Which Fits a Malaysian SME in 2026?
IntBooks (closed beta, Malaysian-built) vs Xero for Malaysian SMEs: e-invoicing, SST, payroll, multi-currency and pricing as of September 2026.
Feature comparison
| Feature | IntBooks | Xero |
|---|---|---|
| LHDN e-invoicing | Built-in (direct MyInvois API) | Included in Starter, Standard and Premium |
| SST-02 return | Prepares the SST-02 figures to file on MySST | Not described on Xero's Malaysia site |
| EPF / SOCSO / EIS / PCB payroll | Built-in payroll module (beta) | Third-party payroll app |
| Multi-currency | ✓ Yes | Premium plan |
| Bank data | Statement import (CSV, OFX, MT940) | See Xero's bank feed list |
| Receipt capture | AI receipt extraction | Smart Document Capture |
| Inventory and POS | Built-in modules | Check Xero and its app marketplace |
| Support | Malaysia-based team | 24/7 online support |
| Pricing (per month) | Not yet published — prices are announced at launch (closed beta) | USD 7 / 29 / 50 / 75 |
| Availability | Closed beta (waitlist) | Generally available |
TL;DR — Xero is a mature, generally available cloud accounting product. On its Malaysia plans it includes e-invoicing (Starter and above) and relies on partner apps for Malaysian payroll. IntBooks is a Malaysian-built accounting and ERP product, currently in closed beta, with e-invoicing, SST-02 preparation and a payroll module in the same system. If you need a proven product today, or you operate in several countries, Xero is the safer choice. If you want Malaysian payroll and SST in one system and are comfortable joining a beta, IntBooks is worth a look.
Xero details below were checked on Xero’s own Malaysian pages in September 2026. Prices change; always confirm on Xero’s pricing page.
What is Xero?
Xero is cloud accounting software from Xero Limited, a New Zealand company, sold in Malaysia with Malaysian pricing plans and support. It has a large third-party app marketplace.
What is IntBooks?
IntBooks is a cloud accounting and ERP product built in Malaysia. It combines accounting, e-invoicing through the MyInvois API, SST-02 preparation, a payroll module, inventory and POS. It is in closed beta: new customers join through a waitlist, and its prices will be announced at launch.
How do they compare on Malaysian requirements?
1. LHDN e-invoicing
Does Xero support MyInvois? Yes. Xero says e-invoicing is included in its Starter, Standard and Premium plans with no add-on needed, and that it is a certified Peppol service provider accredited by MDEC (Xero e-invoicing page). Its pricing page also labels the Lite plan “E-Invoicing ready”; check with Xero which applies to you.
IntBooks submits e-invoices to LHDN directly through the MyInvois API, and also produces monthly consolidated e-invoices.
Remember that e-invoicing is only mandatory at RM3 million annual turnover and above, from 1 September 2026 (LHDN statement via Bernama).
2. SST-02
Xero’s Malaysia site doesn’t describe SST-02 return preparation, so ask Xero how it supports your SST return before you buy.
IntBooks prepares your SST-02 figures from the ledger. You then file the return on MySST, the Customs portal.
3. EPF / SOCSO / EIS / PCB payroll
Xero Malaysia doesn’t include payroll; it says you need to connect a third-party payroll app, and lists partners such as HReasily, Talenox and Deel (Xero payroll page). Those apps are priced separately by their vendors.
IntBooks includes a payroll module that calculates EPF, SOCSO, EIS and PCB and produces the KWSP, PERKESO and CP39 files. During the beta, a few newer rules (EPF from age 60, EPF for non-citizens, LINDUNG 24 Jam) still need manual adjustment.
4. Bank data
Xero offers bank feeds; check Xero’s site for which Malaysian banks are supported. IntBooks doesn’t have direct bank feeds yet: you import bank statements as CSV, OFX or MT940 files and reconcile them.
5. Support
Xero offers 24/7 online support (Xero common questions). IntBooks is supported by our Malaysia-based team.
Pricing (as of September 2026)
| Plan level | IntBooks (closed beta; prices announced at launch) | Xero Malaysia (USD / month) |
|---|---|---|
| Entry | Basic (1 user) | USD 7 (Lite) |
| Small | Starter (2 users) | USD 29 (Starter) |
| Mid | Plus (3 users; inventory, reports, approvals) | USD 50 (Standard) |
| Top | Pro (5 users; HR, POS, fixed assets) and Enterprise | USD 75 (Premium) |
Xero’s page states prices are in USD and was offering 50% off for the first 36 months for purchases before 31 December 2026 (Xero pricing). Plan inclusions differ (for example, Xero’s Lite and Starter plans limit invoices and bills), so compare the features you need, not just the price. IntBooks is in closed beta and has not published prices yet; they will be announced at launch. Its plans run from Basic to Enterprise, and the pricing page lists what each includes.
When should I pick Xero?
Xero is the better choice if:
- You need a proven, generally available product today, rather than a beta
- You operate across several countries and want one platform for all of them
- Your accountant already works in Xero
- You want a large app marketplace and established bank feeds
- You’re happy to add a separate payroll app for Malaysian payroll
When should I pick IntBooks?
IntBooks may suit you better if:
- You operate primarily in Malaysia
- You want payroll, SST-02 preparation and e-invoicing in one system
- You also need inventory, POS or industry modules in the same system
- You’re comfortable joining a closed beta and giving feedback
What about migration?
IntBooks has an import preset for Xero exports:
- Export from Xero — contacts, chart of accounts and a trial balance at your cut-over date, as CSV.
- Import into IntBooks using the data import guide.
- Enter or import opening balances for the cut-over date and check them against Xero’s trial balance.
- Keep your receipts and attachments from Xero; they don’t migrate automatically.
- Set up Malaysian compliance (e-invoicing, SST, payroll structures) in IntBooks.
- Run both systems in parallel for a month to check the reports match, then cut over.
If you’d like help, contact us.
See also
- IntBooks vs SQL Account
- IntBooks vs AutoCount
- How to Prepare for LHDN E-Invoicing
- SST-02 Filing Guide
This comparison is based on Xero’s own Malaysian web pages as checked in September 2026. We try to be fair and accurate — if anything is out of date, let us know and we’ll correct it.