Electronic invoices

As cited in Circular 68/2019 / TT-BTC “From November 1, 2020, businesses, economic organizations, other organizations, business households and individuals must register for the application of invoices. electronic under the guidance in this Circular ”. And in the process of moving from paper invoices to using electronic invoices, you will surely encounter a number of questions. Tax agent TASCO would like to answer a few questions that you often encounter in the process of using e-invoices.

SOME FREQUENTLY ASKED QUESTIONS WHEN USING E-CHEMICALS.

1. Do using electronic invoices need to be stamped and signed?

Pursuant to Point b, Clause 2, Article 5 of Circular 119/2014 / TT-BTC:

- A business organization selling goods and / or services may create, issue and use an invoice that does not need to have the buyer's signature or the seller's seal in the following cases: electricity bills, water bills, telecommunications service bills, banking bills that meet the self-printing conditions under the guidance in this Circular.

At Point e, Clause 1, Article 6 of Circular No. 32/2011 / TT_BTC dated March 14, 2011 of the Ministry of Finance guiding the contents of the HDDT:

1. An e-invoice must contain the following contents:

e) Electronic signature in accordance with the law of the seller; date, month of making and sending invoice. Electronic signature in accordance with the law of the buyer in case the buyer is an accounting unit ...

2. What are the conditions for using electronic invoices?

Before converting to electronic invoices, you need to check that your company is eligible to convert to electronic invoices!

6 necessary and sufficient conditions for businesses to register to use e-invoices include:

👉Is a qualified economic organization, performing electronic transactions in tax declaration with CQT or using electronic transactions in banking activities.

👉Have a location, information transmission line, information network, communication equipment to meet other requirements, control, use, process, preserve and store e-invoices.

👉It is necessary to have a qualified technical team with the ability to match the requirements to perform the creation and use of e-invoices.

👉Have an electronic signature in accordance with the law (Law on Electronic transactions 2005; Decree 130/2018 / ND-CP)

👉There is sales and service software connected to accounting software, ensuring that data of e-invoices for goods and services are automatically transferred into accounting software (or database) at the time of making up application.

👉There are data backup, restore and save processes that meet the minimum requirements for storage quality such as:

• Data storage system meets or proven to be compatible with data storage system standards.
• There is a process of backing up and restoring data if there is a problem in the system to ensure the backup of e-invoice data to the media or online backup of all data.

3. When are businesses required to use electronic invoices?

According to Decree 119/2018 of the Government, all businesses will have to switch to using electronic invoices on November 1, 2020.

4. Invoicing conversion and number of converting electronic invoices?

Convertible invoice of an e-invoice is a paper invoice converted from an e-invoice, fully reflecting the content and integrity of an e-invoice. Each electronic invoice is converted only once.

5. Does the buyer have to digitally sign the e-invoice?

 For individual customers, retail customers, who do not need to use e-invoices to declare tax, there is no need to electronically sign the received e-invoices.

For corporate customers, the accounting unit that needs to use e-invoices to declare tax is required to electronically sign the received e-invoices before the invoice will be considered a complete e-invoice. and legal, available to tax authorities.

For electricity, water and telecommunications purchase invoices, customers are not required to have the buyer's signature and the seller's seal, the invoice is still considered a legal invoice, accepted by the tax authority. take.

There are also a number of special cases where the seller asks for the permission of the tax authority to allow his buyer to not have to sign the invoice.

Tax agent Tasco we provide e-invoice solutions with the business motto "RECOMMENDATION - RESPONSIBILITY - PROFESSIONALISM" to provide customers with the most prestigious and professional service.

Tax agent Tasco we provide e-invoice solutions with the business motto "RECOMMENDATION - RESPONSIBILITY - PROFESSIONALISM" to provide customers with the most prestigious and professional service.

TASCO - THE HIGHEST RESPONSIBLE TAX AGENT FOR ALL SERVICES

Hotline: 0854862446 - 0975480868 (zalo)

Website: dailythuetasco.com or dichvutuvandoanhnghiep.vn

Email: cskh.dailythuetasco@gmail.com