Fully digitalized e-invoice red-letter reversal has changes! The tax authorities have made it clear!
Fully digitalized e-invoices can be partially red-flushed. Previously, there was a prerequisite for partial red-flushing: the recipient must first complete purpose confirmation (including checking for recording, checking for deduction, etc.). If the recipient has not completed purpose confirmation, the seller can only perform full red-flushing if they want to red-flush! If the recipient has not yet completed purpose confirmation processing, the seller cannot initiate partial red-flushing; the system automatically blocks changes to the amount, and the red-flush amount cannot be modified! But now, fully digitalized e-invoices no longer require the recipient to complete purpose confirmation, and partial red-flushing can be done directly! 1. New changes to fully digitalized e-invoices! Partial red-flushing function opened up!...
2025-01-02
In the fully digitalized e-invoice environment, a company's invoice management plays a vital role in tax compliance and cost control. To further improve financial management efficiency and ensure strict compliance with tax regulations, Kailing Technology has built the LingShuiTong smart invoice management platform. The platform covers the complete chain from invoice collection, verification, and checkbox deduction to management, reimbursement, booking, and archiving. With intelligent and automated technology, it optimizes the corporate invoice management process in all respects, effectively reducing tax risks and significantly improving financial work efficiency. Invoice collection: ensuring secure storage of documents. The invoice collection function...
2025-01-02
In the field of corporate financial management, invoice management efficiency is crucial. The previous method of manually entering invoice information often consumed substantial time and effort and was highly prone to errors, adversely affecting the smooth operation of financial processes. The Kailing OCR intelligent recognition system has an extraction accuracy rate exceeding 95%. After upload, it automatically detects the category and recognizes the corresponding fields, significantly outperforming the single recognition and extraction capability of traditional OCR, achieving accurate and rapid management of invoices or other related materials. In business-finance-tax management, documents are diverse and complex, posing a severe challenge for finance staff....
2024-12-31
In today's era of accelerating enterprise digitalization, electronic accounting archives management has become an indispensable part of enterprise operations. Kailing's electronic accounting archives system closely follows policies and regulations, providing enterprises with comprehensive, full-lifecycle archive management solutions, effectively solving many difficulties in internal archive management and achieving the goals of cost reduction and efficiency improvement, as well as compliance and legality. The era of electronic accounting archives driven by policy. With the development of enterprise digitalization, departments such as the Ministry of Finance and the National Archives Administration have actively promoted electronic archive management. Since 2012, a series of policies and regulations such as the "Measures for the Transfer and Receipt of Electronic Archives..."
2024-12-31
Accounting archive filing refers to the process in which an accounting management institution, after systematically organizing accounting materials that have been completed and have preservation value, transfers them to an archive management institution for preservation. To ensure that accounting archives are collected completely, comprehensively, and accurately, a strict accounting archive filing system must be established. The accounting archive filing system includes three aspects: filing scope, filing time, and filing requirements. Today, let's take a look at which accounting materials need to be filed~ ▪ Accounting vouchers. Accounting vouchers are written proof that records economic transactions and clarifies economic responsibility, and are an important basis for registering account books, and are...
2024-12-30
At a time when information technology is developing rapidly, digital-intelligent transformation has become a new trend in global economic development. Against this backdrop, the digital-intelligent reform of tax management is becoming increasingly critical. Starting from December 1, 2024, the nationwide promotion and application of fully digitalized electronic invoices (hereinafter referred to as fully digitalized e-invoices) began. What impact will this change bring to enterprises? And how should enterprises actively respond? I. Definition and advantages of fully digitalized e-invoices Fully digitalized e-invoices are a new form of "electronic invoice" under the Measures of the People's Republic of China for the Administration of Invoices, with the full name being fully digitalized electronic invoices. Compared with traditional paper...
2024-12-30
The State Taxation Administration recently issued an announcement clarifying that from December 1, 2024, fully digitalized e-invoices will be officially promoted and applied nationwide. What exactly are "fully digitalized e-invoices"? Let's take a look below↓↓↓ Source: State Taxation Administration As a business-finance-tax digital comprehensive solution service provider, Kailing Technology provides business-finance-tax management digital transformation products and operational services for various government agencies, institutions, and large, medium and small enterprises. Its product lines include: sales contract management system, procurement contract management system, fully digitalized Leqi interface project, output VAT invoice automatic invoicing system, invoice issuance for individuals system,...
2024-12-27
In today's wave of digital tax management, fully digitalized e-invoice interface connection has become the focus of many enterprises. As a key bridge connecting enterprise business systems with the tax authority's electronic invoice service platform, the fully digitalized e-invoice interface can realize important functions such as automatic invoice receipt and batch invoicing, greatly improving the efficiency and accuracy of enterprise invoice management. For enterprises with large invoicing volumes, complex invoicing scenarios, and many invoicing entities, traditional manual invoicing methods can no longer meet the needs of efficient operations. Manual invoicing is not only inefficient but also prone to human errors in complex business scenarios, while the application of fully digitalized e-invoice interfaces...
2024-12-27
In enterprise operations, invoice issuance is a crucial core process that every business owner cannot avoid in daily management. With the comprehensive advancement of fully digitalized e-invoices in the new era, enterprises face unprecedented challenges in invoice management. In input management, the coexistence of multiple invoice types makes management extremely complex; in output management, system upgrades and increased control difficulty have also become challenges enterprises must address. As a professional vendor focused on the field of enterprise business-finance-tax digitalization, Kailing Technology has launched the LingShuiTong service platform, aiming to create a comprehensive business-finance-tax-invoice integrated solution for enterprises...
2024-12-26
Order No. 41 of the President of the People's Republic of China. The Value-Added Tax Law of the People's Republic of China was adopted at the 13th Session of the Standing Committee of the 14th National People's Congress of the People's Republic of China on December 25, 2024, and is hereby promulgated, effective January 1, 2026. President of the People's Republic of China Xi Jinping, December 25, 2024. Value-Added Tax Law of the People's Republic of China (December 25, 2024, 13th Session of the Standing Committee of the 14th National People's Congress...
2024-12-26
To facilitate taxpayers, fee payers, and grassroots tax authorities in consulting relevant policy response calibers, the State Taxation Administration comprehensively reviewed and confirmed the Q&A published externally from January 2019 to July 2024, and compiled the "Compilation of Q&A on a Series of Tax and Fee Support Policies Since 2019," covering 8 major categories, 34 special topics, and 294 currently effective response calibers. Today, learn about the Q&A related to the VAT reduction and exemption policy for small-scale taxpayers. [Question 1] After the adjustment of the VAT exemption policy for small-scale taxpayers, has the standard for self-issuing special invoices been raised accordingly? Answer: Since 202...
2024-12-25
In corporate financial management, the importance of expense control and management is self-evident. However, under traditional management methods, expense control management often faces many pain points: ▪ For managers: weak in-process budget control, numerous and disorganized expense types, and difficulty in calculating business ROI. ▪ For finance staff: heavy review workload, large verification workload, and budgets that can only be counted after the fact. ▪ For enterprise employees: cumbersome invoice processing, long reimbursement cycles, and large personal advances for travel. The expense control and reimbursement system launched by Kailing Technology covers...
2024-12-25
In the wave of digital transformation, fully digitalized e-invoices (i.e., digital electronic invoices), as an innovative tool for financial management, are gradually replacing traditional tax disk invoicing methods, leading the paperless and intelligent transformation of enterprise financial management. This change not only simplifies the invoicing process—the cumbersome steps from application to verification are replaced by one-click operations—but also demonstrates significant advantages in improving efficiency, strengthening security and compliance, and promoting financial management standardization. However, with the widespread use of fully digitalized e-invoices, finance personnel also face unprecedented challenges, especially in workload allocation, skill upgrading, and optimal resource allocation, which...
2024-12-24
One-stop digital archiving connects the digital chain of process forms, bank receipts, accounting vouchers, and original vouchers, enabling paperless archiving throughout and one-click automatic generation of compliant electronic accounting archives. The system seamlessly embeds electronic signature functions to ensure archives are tamper-proof, with the entire operation traceable and auditable, building a solid defense for financial data security. Closed-loop management of reimbursement, posting, and archiving. In the financial processing flow, online electronic documents and offline paper invoices are treated equally, both converted into electronic data through imaging technology. Strictly following electronic accounting archives management standards, from reimbursement initiation to posting and accounting, and then to archiving...
2024-12-24
To implement the requirements of the "Opinions on Further Deepening the Reform of Tax Collection and Administration" issued by the General Office of the CPC Central Committee and the General Office of the State Council and to further advance the reform of invoice electronification, the State Taxation Administration issued the "Announcement of the State Taxation Administration on Promoting the Application of Fully Digitalized E-Invoices" (State Taxation Administration Announcement No. 11 of 2024), clarifying that, on the basis of the positive results achieved in the earlier pilots, fully digitalized e-invoices (hereinafter referred to as "fully digitalized e-invoices") will be officially promoted and applied nationwide starting from December 1, 2024. Today we help you understand: What precautions should be taken when issuing red-letter fully digitalized e-invoices through the electronic invoice service platform? ↓...
2024-12-23
In 2024, fully digitalized e-invoices were vigorously promoted nationwide, and corporate business-finance-tax management underwent tremendous changes as a result. Fully digitalized e-invoices gradually replaced traditional paper invoices and became an important tool for enterprises to improve efficiency, reduce costs, and strengthen compliance. In this transformation process, Kailing Technology's Ling Shui Tong, with its multi-mode invoicing and full lifecycle management capabilities, has been favored by many client enterprises. Multi-mode invoicing addresses complex needs. The transition to fully digitalized e-invoices brings enterprises challenges of complex multi-system integration and closed-loop management. Ling Shui Tong reduces the burden on finance staff with intelligent and flexible invoicing services. It supports multiple invoicing modes...
2024-12-23
Recently, Shanghai police announced the investigation details of the city's first case of illegal manufacturing, selling, and using fake fully digitalized e-invoices. Reporters learned that with the cooperation of police in multiple locations, more than 100 suspects were arrested, involving over 2 billion yuan. Fully digitalized e-invoices are fully digitalized electronic invoices. In January this year, while investigating an economic crime case, the economic investigation department of Shanghai police found that a suspect surnamed Shen was suspected of using counterfeit software to forge a large number of fully digitalized e-invoices for sale. Police traced the investigation and found that the software used by Shen was purchased from suspects surnamed Zhan Mouming and Zhan Mouling in Guangdong. After...
2024-12-20
In today's rapidly changing business environment, enterprise business volume keeps growing, and invoicing demand rises sharply along with it. During industry peak periods such as e-commerce promotions and tourism high seasons, traditional manual invoicing can no longer meet enterprises' needs for efficiency and accuracy. Kailing Technology · LingShuiTong, with its powerful batch invoicing function, is becoming the ideal choice for enterprise finance departments to solve this problem. Batch invoicing: an effective tool for business peaks. LingShuiTong's batch invoicing function is automatic, intelligent, and efficient, completely transforming the enterprise invoicing process. Whether it is the e-commerce boom of Double Eleven, ...
2024-12-20
To implement the requirements of the "Opinions on Further Deepening the Reform of Tax Collection and Administration" issued by the General Office of the CPC Central Committee and the General Office of the State Council and to further advance the reform of invoice electronification, the State Taxation Administration issued the "Announcement of the State Taxation Administration on Promoting the Application of Fully Digitalized E-Invoices" (State Taxation Administration Announcement No. 11 of 2024), clarifying that, on the basis of the positive results achieved in the earlier pilots, fully digitalized e-invoices (hereinafter referred to as "fully digitalized e-invoices") will be officially promoted and applied nationwide starting from December 1, 2024. Today we help you understand: How are red-letter invoices issued for used car business? ↓ (1) When a used car trading market only...
2024-12-19
In today's business landscape, enterprises' demand for financial management system integration and compatibility is becoming increasingly prominent. Kailing Technology accurately grasps this trend and meticulously builds the LingShuiTong system, providing enterprises with a simple-to-integrate and stable solution through standardized invoice interface services, making financial software and ERP systems easier and more efficient. Kailing Technology's fully digitalized e-invoice interface fully considers the system version differences and interface specification diversity of different software vendors, offering excellent compatibility and seamless connection with mainstream ERP systems. It also actively expands cooperation boundaries, supporting integration with other business service systems or ecosystem platforms, providing comprehensive...
2024-12-19