Compare
Invoa vs Financio
Financio is ABSS's cloud accounting for Malaysian small businesses, with two plans and LHDN e-invoicing allowances on each.
Facts about Financio come from ABSS's own pages (financio.co/pricing), checked on 21 October 2026. “Not shown” means that page does not say; we do not guess. Invoa facts are from our pricing page, before SST. If something here is out of date, write to hello@invoa.io and we will correct it.
In short
- Financio is simple cloud accounting from the maker of ABSS (formerly MYOB in the region), with Essentials at RM50 and Premier at RM85 a month.
- Invoa starts free and focuses on quoting, invoicing, getting paid and e-invoicing, with expenses, bank matching and profit and loss around it.
- Financio Essentials caps invoices at 20 a month and e-invoices at 25; Invoa's free plan has the same 20-invoice cap with e-invoicing on every invoice, and Core lifts the cap for RM39.
Side by side
| Invoa | Financio | |
|---|---|---|
| Price to start | Free, 20 invoices a month | No free plan; 30-day trial |
| Cheapest paid plan | Core RM39 a month, before SST | Accounting Essentials RM50 a month (RM550 a year); SST treatment not shown |
| Users | Free 1 person; Core 3; Pro unlimited. Your accountant's seat is never counted. | Multiple users on both plans; the count is not shown |
| LHDN e-invoicing | LHDN MyInvois on every plan, including Free. Prigo X Technologies is the intermediary; you stay the supplier; the validated QR prints on the PDF. | Essentials: 25 e-invoices (period not stated); Premier: 5,000 |
| Online payment of your invoices | Pay page on every invoice through CHIP: FPX, cards, e-wallets and DuitNow, into your own CHIP account. Bank-transfer claims with proof upload too. | Not shown on the pricing page |
| Quotations and proposals | Proposals (written pages), quotations, proformas and delivery orders on every plan; the customer accepts online and the quotation converts to an invoice or a billing schedule. | Quotations: yes; written proposal pages: not shown |
| Recurring and milestone billing | Milestones and monthly instalments invoice themselves on the dates you set (Pro). | Not shown on the pricing page |
| Bank reconciliation | Import CSV or PDF statements, lines match payments and expenses, ask your accountant on any line (Core). | Yes, part of the accounting system |
| AI reading of supplier bills | Supplier bills read by AI into expenses: Free 10 a month, Core 200, Pro 500. | Not shown; Essentials allows 5 purchase bills a month |
| Claude / ChatGPT | Claude and ChatGPT connector on every plan: read and draft; issue, send and record payments with your approval on Pro. Listed in the ChatGPT plugin directory. | Not shown |
| Free trial | 14-day Pro trial, no card. | 30-day trial |
| Full accounting | Profit and loss, cash flow, aged receivables and SST reports, with journal exports for SQL Account, AutoCount and Xero. Not a general ledger: no inventory, payroll or fixed assets. | Yes: general ledger and financial statements |
| Accountant access | Free accountant seat on every plan, with a console across all the companies they work on. | Multiple users; a dedicated accountant seat is not shown |
Choose Financio if
- You want straightforward double-entry accounting and financial statements in one subscription.
- Your accountant already works in ABSS or Financio.
- Your invoice volume is well above 20 a month and you do not need a free tier.
Choose Invoa if
- You want to start free, with e-invoicing and a pay page on the free plan.
- You send proposals and quotations and want the customer to accept and pay online.
- You want milestone and instalment billing and reminders that run themselves.
- You keep the books with an accountant: Invoa gives them a free seat and the exports.
Questions people ask
- How do the invoice caps compare?
- Financio Essentials allows 20 invoices and 5 purchase bills a month; Invoa Free allows 20 invoices a month with unlimited quotations and receipts, and Core (RM39) removes the cap.
- Does Invoa do the financial statements?
- Profit and loss and cash flow, yes. The balance sheet and statutory accounts are your accountant's, from Invoa's journal export into their accounting system.
- Can I import from Financio?
- Yes, through CSV exports of contacts, items and invoices into Settings → Import data; existing document numbers are kept.
Try Invoa free
Twenty invoices a month, e-invoicing and the pay page included, no card. Import your contacts and items from Financio in Settings → Import data.
Other comparisons: Invoa vs Bukku · Invoa vs SQL Account Cloud · Invoa vs AutoCount Cloud Accounting · Invoa vs Zoho Invoice and Zoho Books