Answers About E-invoicing
What Is An Electronic Invoice?
An electronic invoice is an invoice that is issued, saved, and modified in an electronic format organized through an electronic system and contains all the requirements of a tax invoice.
A handwritten or scanned invoice is not an electronic invoice.
What Is The Electronic Invoicing System?
The electronic invoicing system is a procedure that aims to transform the process of issuing invoices and paper notices, for example, written by hand or scanned, into an electronic process that allows the exchange of invoices and debit and credit notices and their processing in an electronic format organized between the seller and the buyer in an integrated electronic format.
What Are The Documents That Are Not Classified As Electronic Invoices?
Unstructured invoice data issued in a format such as Word or PDF and scanned paper invoices in any format including but not limited to JPG and unstructured invoices on a web page or in an email.
What Are Electronic Notifications?
They are the debit and credit notes resulting from modifications to the electronic invoice, such as returning part or all of the purchases or addition, which must be issued electronically without modifying the original invoice.
Paper modifications that are photocopied or scanned are not considered electronic modifications.
What Is The Mechanism For Applying The Electronic Invoicing System?
The mechanism of applying the electronic invoicing system has two main stages:
The first stage: Issuing and keeping electronic invoices and debit and credit notes in an electronic format organized through an electronic system and containing all the requirements of the tax invoice.
The second stage: linking the systems of issuing electronic invoices and debit and credit notes to those charged with the systems of the General Authority for Zakat and Income in order to share data and information.
Are The Electronic Issuance Of Invoices And Debit And Credit notes Mandatory For The First Stage?
Yes, the mandatory application for issuing and keeping electronic invoices and debit and credit notices will be on December 4, 2021 corresponding to 4/29/1443
What Are The Types Of Electronic Invoices?
Simplified Tax Invoice
Credit And Debit Notes
Any amendments to the issued invoices by adding, deducting or canceling completely shall be made by issuing credit or debit notes issued from the same system used to issue the invoice with reference items to the original invoice
What Is The QR Code?
It is a graphic symbol of white and black squares that e-readers can read and show the data stored by, which are
It is mandatory for the simplified invoice for the first stage and for the tax invoice for the second stage.
What Are The Components Of An Electronic Invoice?
Supplier tax number
The tax number of the buyer in the case of dealing between establishments
What Are The Procedures To Be Taken Now To Start The Electronic Invoicing Journey?
You must first determine whether you are subject to the electronic invoicing regulation or not, and then assess your readiness to issue and save electronic invoices and debit and credit notes in accordance with the minimum standards and requirements stipulated in the regulation, in addition to following up on the authority’s official channels to keep pace with any additional technical details.
It is a system approved by the Zakat, Tax and Customs Authority to provide invoicing services in full compliance with the requirements of the Authority and in a smooth and accessible way to everyone.