In today's digital era, every aspect of enterprise management is undergoing profound changes, and accounting archive management is no exception. The Ministry of Finance issued the "Accounting Informatization Work Standards" and the "Basic Functions and Service Standards of Accounting Software," providing clear guidance for the development of accounting informatization. The construction of electronic accounting archives has entered a new acceleration period. In Chapter 2 of the "Accounting Informatization Work Standards," Articles 29, 30, and 31 further clarify the management requirements for electronic accounting archives for enterprises. In addition to the above two new regulations, in recent years relevant departments have also been vigorously promoting...
2024-11-19
To meet the multi-scenario, large-scale, compliant, and automated electronic invoice issuance needs of Leqi Direct Connection taxpayers, the Leqi Digital Open Platform provides format files and XML generation specifications for fully digitalized e-invoices. Leqi Direct Connection units generate the format and XML electronic files of digitalized electronic invoices in their own business systems in accordance with these specifications and deliver them. When invoicing via Leqi, the XML file and PDF and OFD format files need to be assembled and generated by the enterprise itself, so there are certain technical capability requirements for enterprises. The Kailing Leqi front-end platform has mature format capabilities and has built in all Leqi format files and...
2024-11-19
In today's digital era, Order No. 22 issued by the National Archives Administration, the "Measures for the Management of Electronic Archives" (hereinafter referred to as the "Measures"), which officially took effect on November 1, 2024, brings new standards and requirements to the field of electronic archive management. The "Measures" focuses on the authenticity, integrity, usability, and security of electronic archives, and sets detailed normative guidelines for their full-process management. The implementation of this policy undoubtedly brings unprecedented impact and challenges to enterprise archive management work, while also bringing new opportunities. Driven by policy, enterprise electronic archives...
2024-11-18
Invoice posting means that after a taxpayer obtains an invoice, the electronic invoice service platform system collects data on all invoices obtained by the taxpayer (including customs payment documents) and withholding and remitting tax payment vouchers, and the taxpayer performs invoice posting operations in the electronic invoice service platform system to prevent the risk of duplicate posting and archiving of electronic invoices. The following demonstrates the specific operation process of invoice posting: First log in to the electronic tax bureau, and in the function menu select [I Want to Handle Taxes]-[Tax Digital Account]-[Invoice Posting Mark] in sequence to enter the invoice posting mark page. Select an invoice or...
2024-11-18
Decree No. 22 of the National Archives Administration, the "Measures for the Management of Electronic Archives," officially took effect the day before yesterday. To help everyone deeply understand the specific intent of the provisions, the scope of implementation, and practical operations of the "Measures," we have specially prepared a series of short articles interpreting and analyzing the "Measures for the Management of Electronic Archives." Today, we continue to discuss Chapter 6 of the Measures for the Management of Electronic Archives: openness and use, and Chapter 7: interpretation and implementation. Chapter 6 specifies in detail the requirements for the openness and use of electronic archives, aiming to enhance the social value of electronic archives while standardizing their security and legality during use. Article 31 - Electronic...
2024-11-15
With the continued implementation of fully digitalized e-invoice policies, the requirements for standardizing enterprise electronic archive management have also become clearer and more explicit. Under strong policy guidance, more and more enterprises are beginning to build electronic processes for invoice reimbursement, posting, and archiving, further promoting the digital transformation of enterprise finance. Taking the pain points and needs of accounting electronic archive management as its starting point, Kailing Technology provides enterprises with a full-lifecycle electronic accounting archives management solution, which not only helps enterprise finance meet national compliance requirements, but also improves archive management and processing efficiency, thereby reducing the workload of finance personnel. ...
2024-11-15
Decree No. 22 of the National Archives Administration, the "Measures for the Management of Electronic Archives," officially took effect on November 1. To help everyone deeply understand the specific intent of the provisions, the scope of implementation, and practical operations of the "Measures," we have specially prepared a series of short articles interpreting and analyzing the "Measures for the Management of Electronic Archives." Today, we will continue to discuss "Chapter 5 of the Measures for the Management of Electronic Archives: information system construction, backup management, conversion and migration, appraisal, and destruction. Chapter 5 specifies in detail the requirements for the custody and disposal of electronic archives, emphasizing the standardization of information system construction, backup management, conversion and migration, appraisal, and destruction,...
2024-11-14
Currently, fully digitalized e-invoices have covered 98% of invoicing enterprises nationwide. Through promoting the "Leqi" service model, as of the end of July 2024, nearly 2,000 large group enterprises and tens of thousands of member enterprises have achieved direct connection with the tax authorities' information systems. Today, Leqi has become an inevitable choice for medium and large enterprises in tax matters! The Leqi pilot is continuously accelerating. Eligible enterprises have presumably already received notification. So, how should enterprises plan their upgrades now, and how should they choose a service provider for integration? For enterprises, if they lack understanding of policies and of interfaces...
2024-11-14
Decree No. 22 of the National Archives Administration, the "Measures for the Management of Electronic Archives," officially took effect the day before yesterday. To help everyone deeply understand the specific intent of the provisions, the scope of implementation, and practical operations of the "Measures," we have specially prepared a series of short articles interpreting and analyzing the "Measures for the Management of Electronic Archives." Today, we continue to discuss "Chapter 4 of the Measures for the Management of Electronic Archives: transfer and receipt. Chapter 4 systematically standardizes the transfer and receipt process for electronic archives, ensuring that transferred archives meet requirements for authenticity, integrity, security, and so on, thereby enhancing the security and standardization of archives management. The archives transfer and receipt process...
2024-11-13
I. What is invoice issuance for individuals? Invoice issuance for individuals means that after an individual and a company conduct business, the company requires the individual to provide an invoice as the basis for booking and tax deduction. If the individual cannot provide a corresponding invoice, they directly conduct temporary tax registration in the tax service hall in their own name, and the tax service hall issues an invoice on their behalf. For example: Xiao Li introduced a project to a construction company. After discussion between the two parties, the construction company agreed to pay Xiao Zhang a 1 million intermediary fee (introduction fee), but required Xiao Zhang to provide an invoice; otherwise, the construction company could not record this 1 million expenditure as cost in its books. Because...
2024-11-13
Decree No. 22 of the National Archives Administration, the "Measures for the Management of Electronic Archives," officially took effect on November 1. To help everyone deeply understand the specific intent of the provisions, the scope of implementation, and practical operations of the "Measures," we have specially prepared a series of short articles interpreting and analyzing the "Measures for the Management of Electronic Archives." Today, we will continue to discuss "Chapter 3 of the Measures for the Management of Electronic Archives: organization, archiving, and standardization. Chapter 3 puts forward comprehensive management specifications for the organization and archiving of electronic documents. When archiving, each unit must ensure that documents meet organization requirements, collect and preserve all relevant metadata, and follow open standards...
2024-11-12
Following the promotion of fully digitalized e-invoices in the railway passenger transport sector, on November 6, the State Taxation Administration, the Ministry of Finance, and the Civil Aviation Administration of China jointly issued an announcement that, starting from December 1, 2024, fully digitalized e-invoices—air transport electronic ticket itineraries (hereinafter referred to as "electronic itineraries")—will be promoted in China's civil aviation passenger transport service sector, further facilitating travel for passengers and reimbursement for employers. A relevant official from the Collection and Science and Technology Development Department of the State Taxation Administration introduced that the tax authorities have earnestly implemented 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...
2024-11-12
Decree No. 22 of the National Archives Administration, the "Measures for the Management of Electronic Archives," officially took effect the day before yesterday. To help everyone deeply understand the specific intent of the provisions, the scope of implementation, and practical operations of the "Measures," we have specially prepared a series of short articles interpreting and analyzing the "Measures for the Management of Electronic Archives." Today, we continue to discuss "Chapter 2 of the Measures for the Management of Electronic Archives: responsibilities, division of labor, collaboration, and professionalization. Chapter 2 mainly clarifies the division of responsibilities in electronic archives management from the national level to local levels, to each unit and archives repository, and emphasizes the importance of cross-departmental collaboration and personnel professionalization. This institutional arrangement helps form...
2024-11-11
State Taxation Administration, Ministry of Finance, Civil Aviation Administration of China Announcement on Promoting the Use of Fully Digitalized E-Invoices for Civil Aviation Passenger Transport Services, State Taxation Administration, Ministry of Finance, Civil Aviation Administration of China Announcement No. 9 of 2024. 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 regarding advancing the electronic reform of civil aviation passenger transport invoices, the State Taxation Administration, the Ministry of Finance, and the Civil Aviation Administration of China have decided to promote the use of fully digitalized e-invoices in the field of civil aviation passenger transport services. The relevant matters are hereby announced as follows:...
2024-11-11
Decree No. 22 of the National Archives Administration, the "Measures for the Management of Electronic Archives," officially took effect yesterday. To help everyone deeply understand the specific intent of the provisions, the scope of implementation, and practical operations of the "Measures," we have specially prepared a series of short articles interpreting and analyzing the "Measures for the Management of Electronic Archives." Today, we will continue to discuss "Chapter 1 of the Measures for the Management of Electronic Archives: purpose, definitions, and requirements, etc.," to help you grasp the general principles of electronic management. Interpretation of Chapter 1 of the Measures for the Management of Electronic Archives - General Provisions. Chapter 1 General Provisions of the Measures for the Management of Electronic Archives stipulates the basic principles of electronic archives management...
2024-11-08
On November 1, railway ticket electronic invoices were officially launched. According to China State Railway Group, a passenger traveling from Kunshan, Jiangsu to Suzhou obtained the country's first railway ticket electronic invoice. Finance colleagues will soon also receive railway ticket electronic invoices from colleagues on business trips, so the following tax points should be noted! 1. Can previous railway tickets (paper reimbursement vouchers) still be used for reimbursement, accounting, and tax deduction? Passengers who need reimbursement and accounting should obtain electronic invoices (railway electronic passenger tickets). If the purchaser is a general VAT taxpayer, purchasing domestic railway passenger transport services...
2024-11-08
Decree No. 22 of the National Archives Administration, the "Measures for the Management of Electronic Archives," officially took effect on November 1. To help everyone deeply understand the specific intent of the provisions, the scope of implementation, and practical operations of the "Measures," we have specially prepared a series of short articles interpreting and analyzing the "Measures for the Management of Electronic Archives." Today, we will first discuss "the positioning, framework, and core content of the Measures for the Management of Electronic Archives," providing you with a comprehensive basis for understanding. Let us first outline the overall structure and core content of the "Measures for the Management of Electronic Archives" so as to gain a macro understanding. 1. Overall...
2024-11-07
[Practical] Fully digitalized e-invoice quota reduced? How to apply for an invoice quota adjustment?
Our company recently found that its invoicing limit had dropped to only 5,000. The company recently needs to issue a 200,000 RMB invoice. What should we do to restore the invoice limit? Do we need to apply for an "invoice limit adjustment" at the new electronic tax bureau? Don't worry. If an enterprise's credit limit has been reduced, it should first contact the competent tax authority to find out whether the enterprise has any related tax risks. After the relevant risk matters are resolved, the system will restore the invoice dynamic limit. After the dynamic limit is restored, if the limit is still insufficient, you can initiate a "manual invoice limit adjustment application" at the new electronic tax bureau to apply for a temporary...
2024-11-06
From November 1, 2024, within 180 days after handling domestic railway electronic ticket purchase, refund, and rebooking business, an electronic invoice can be applied for through the railway 12306 website and mobile client without going to the station window or self-service ticket vending (collection) machine, and can be downloaded and printed repeatedly. At the same time, according to the announcement (State Taxation Administration, Ministry of Finance, China State Railway Group Co., Ltd. Announcement No. 8 of 2024), buyers are encouraged, after receiving electronic invoices (railway electronic tickets), to realize full-process paperless processing of electronic invoices (railway electronic tickets) in accordance with the relevant requirements of the electronic voucher accounting data standards...
2024-11-06
On October 18, the State Taxation Administration, the Ministry of Finance, and China State Railway Group Co., Ltd. issued the Announcement on Promoting the Use of Fully Digitalized Electronic Invoices in Railway Passenger Transport, announcing that paper railway tickets will no longer be used and will be replaced by electronic tickets. Effective from November 1! What about fully digitalized air tickets? Can refunds and changes be deducted as input VAT? What points should be noted? (1) Fully digitalized railway tickets are fully implemented! 1. Transport enterprises affiliated with China State Railway Group, non-controlling joint ventures, and local railway enterprises (collectively referred to as railway transport enterprises) handle domestic...
2024-11-05