Accounting software for retail & online sellers in Malaysia

What makes retail books hard

• Cash is tied up in stock, and you need to know what’s moving and what’s dead.
• Selling across channels — a physical store, your own site, and marketplaces.
• Marketplace payouts arrive net of commissions and fees, not at the sticker price.
• High volume of transactions to reconcile, plus returns and refunds.
• Sales tax (SST) on taxable goods to account for correctly.

How AccountMi helps

• Stock that tracks itself. Movements post with every purchase and sale, so counts and cost of goods stay honest.
• Reconcile every payout. Match store takings and marketplace settlements — net of fees — to your bank.
• Know your gross margin. Your P&L shows revenue against cost of sales, so you price with eyes open.
• SST-ready. An MFRS-aligned chart of accounts with SST accounts in place from day one — see the SST guide.

Frequently asked questions

Can I sell in a shop and online and keep one set of books?

Yes. Record sales and deposits from your physical store and from each marketplace into one ledger, and reconcile every payout — so your accounts reflect the whole business, not three disconnected views.

How are Shopee and Lazada payouts handled?

AccountMi does not plug into marketplaces directly, but you record each settlement as it reaches your bank — gross sales less platform fees and commissions — and reconcile it, so your net revenue is accurate.

Does it do advanced inventory — batch, serial, multi-location?

AccountMi tracks stock movements as you buy and sell, which suits most retailers. If you need deep warehouse features like batch/serial tracking across multiple locations, a specialist inventory system may fit better — see our AutoCount comparison for an honest take.

What about SST on goods?

Sales tax applies to taxable goods at 5% or 10%. AccountMi ships with an SST-ready, MFRS-aligned chart of accounts so your tax accounts are in place — see the SST guide for thresholds and filing.