With the rapid rollout of fully digitalized e-invoices, more and more enterprises have shifted their attitude toward Leqi access from "watching from the sidelines" to "actively joining." Compared with manual invoice issuance and use on the Electronic Tax Bureau web portal, the Leqi Direct Connection method of invoice issuance and use, with its security, efficiency, flexibility, and stability, has gradually become the first choice for large enterprises in business-finance-tax digital and intelligent transformation. So, what is "Leqi"? What should enterprises focus on during the process of applying for access to the "Leqi Platform," and what preparations should they make? Today, let us learn about Leqi Direct Connection services through this article. What is "Leqi"?...
2024-10-21
With the rapid development of information technology, the construction of enterprise digital archives (rooms) has become a key measure for enterprise archives work to adapt to the needs of the times. The Guidelines for the Construction of Enterprise Digital Archives (Rooms) organized and compiled by the National Archives Administration provide enterprises with comprehensive and systematic construction guidance. Original description: I. Concept and characteristics of enterprise digital archives (rooms) Authoritative interpretation: (1) Concept An enterprise digital archive (room) is where an enterprise uses modern information technology to solidify archives work business processes, collect, organize, and preserve electronic archives or other digital resources of the enterprise or enterprises with asset affiliation relationships with it, and through the network...
2024-10-21
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 "orderly advancing the electronification of invoices in railway, civil aviation, and other fields," today the State Taxation Administration, the Ministry of Finance, and China Railway jointly issued an announcement that, starting from November 1, 2024, fully digitalized e-invoices—electronic invoices (railway electronic passenger tickets)—will be promoted and used in China's railway passenger transport sector. Earlier, the State Taxation Administration and China Railway worked closely together to complete the connection and transformation of the railway invoice electronification information system. After piloting, the system has operated smoothly and now meets the conditions for nationwide rollout...
2024-10-18
At 8 p.m. on October 14, 2024, the Double Eleven presale officially began, with JD.com, Tmall and Taobao launching simultaneously. This Double Eleven lasted 28 days, setting a record for the longest duration in history, sparking a new wave in the e-commerce market and raising expectations across all parties. During Double Eleven, e-commerce merchants will face an invoicing peak. As a professional business-finance-tax digital service provider, Kailing Technology can provide comprehensive solutions for e-commerce fully digitalized e-invoice management. I. E-commerce Invoicing Is an Irresistible Trend. The e-commerce industry needs to adapt to policy changes. The implementation of China Golden Tax Phase IV and the enforcement of the E-Commerce Law clarify the tax obligations of e-commerce operators, including direct...
2024-10-18
Recently, many people have reported that fully digitalized e-invoice quotas have been reduced, with most enterprises having an invoicing quota of only tens of thousands. What exactly is going on? Let's take a look~ 01 Why are fully digitalized e-invoices subject to quota limits? The latest quota rules for fully digitalized e-invoices stipulated by the State Taxation Administration are: taking a certain taxpayer as an example, assuming they are a Category 3 taxpayer with an original quota of 400,000 yuan. However, over the past 12 months, the taxpayer's invoicing amount reached 320,000 yuan (i.e., 80% of the quota), and the highest monthly invoicing amount was only 50,000 yuan. According to the new rules, the taxpayer's quota will be adjusted to...
2024-10-17
Enterprise invoicing pain points: ① Invoicing is not convenient enough and depends on computer-based invoicing: when urgent invoicing needs arise while away, they cannot be responded to in time, leading to decreased customer satisfaction. ② Invoicing functions are limited, and a large amount of time is wasted: for example, invoices are often repeatedly issued for customers because receipt QR codes expire; work efficiency is greatly reduced because codes are often queried manually, and so on. ③ Official services are limited and cannot solve problems in time: the manual online hours of the official service hotline are only on workdays, the daily service time is relatively short, the forms of answers are single, and problems remain unsolved after consultation. Kailing Technology · Lingshuitong Smart...
2024-10-17
Question 1: I recently opened a restaurant and plan to launch a takeout business. The food made in the store is provided both for dine-in and takeout. Is there any difference in VAT payment between the two methods? Takeout food sold by catering enterprises and dine-in food apply the same VAT policy, uniformly paying VAT under "catering services." Note: Regarding the application of the catering service tax item. Taxpayers who prepare food on-site and sell it directly to consumers pay VAT under "catering services." Policy basis: Ministry of Finance and State Taxation Administration provisions on clarifying VAT for finance, real estate development, education auxiliary services, etc...
2024-10-16
Archive work is in a process of continuous evolution, and the creation of digital archive management systems or digital archives has become an urgent need of the times. So why should the construction of digital archives be vigorously promoted? 1. Improve archive management efficiency and service quality 1. Convenient and precise management ▪ Reduce physical space occupation: traditional paper archives require a large amount of warehouse space for storage, while digital archives store archive information digitally, greatly saving physical space. For example, a medium-sized traditional archive may need thousands of square meters of warehouse space to store archives; after digitization, the same amount of archive information...
2024-10-16
1. We are a newly established enterprise and would like to know how the quantity of VAT electronic special invoices to be obtained and the invoicing limit are determined? Answer: According to the Announcement of the State Taxation Administration on Matters Concerning the Implementation of Electronic VAT Special Invoices Among Newly Established Taxpayers (State Taxation Administration Announcement No. 22 of 2020): The tax authority determines the quantity of VAT special invoices a taxpayer may obtain based on the combined total of electronic special invoices and paper special invoices. The maximum invoicing limit for VAT special invoices (VAT tax control system) shall be the same for electronic special invoices and paper special invoices. According to the State Tax...
2024-10-15
I. Why carry out digital scanning of archives? 1. More convenient management and use Traditional archive management means retrieving archive information through archive catalogs and managing and using archives by retrieving volumes from the warehouse. If there is a digital electronic catalog, retrieval is relatively easy; if there is only a manually registered paper catalog, retrieval difficulty increases exponentially, and retrieval may even be impossible. After retrieving the needed archive information, warehouse retrieval can be carried out by archive number, enabling archive management and use, but efficiency is relatively low. After digital scanning, data linking is carried out to realize digital original text and...
2024-10-15
In enterprise operations, expense control and reimbursement management are crucial processes. However, traditional expense management methods face many challenges, such as difficulty for employees in reimbursement, difficulty for leaders in approval, difficulty for finance in review, and difficulty in implementing policies. The Kailing Intelligent Expense Control and Reimbursement System emerged, providing enterprises with comprehensive solutions. I. Problems faced by traditional expense control and reimbursement 1. Difficulty for employees in reimbursement ▪ Difficulty in collecting invoices; various invoices are hard to organize, and missed or lost invoices occur from time to time. ▪ Filling out reimbursement forms is cumbersome, time-consuming, and labor-intensive, and pasting receipts is prone to...
2024-10-14
Driven by the digital wave, corporate tax management is undergoing unprecedented change. Fully digitalized e-invoices, as the vanguard of this transformation, are gradually becoming the new favorite of corporate tax management. I. Why Have Fully Digitalized E-Invoices Become the New Favorite of Corporate Tax Management? "Controlling tax by invoice" has always been one of the important methods of tax collection and administration. From traditional paper invoices to e-invoices, and now to the fully digitalized e-invoices being promoted, the principle remains unchanged. Paper invoices are printed with high-standard anti-counterfeiting technology, have fixed layouts and formats, and are standard invoices uniformly finalized, issued, and digitally numbered by the state. Enterprises must apply to tax authorities for...
2024-10-14
Recently, a netizen consulted about issues related to fully digitalized e-invoices. Today we have compiled five hot questions and answers about invoice quotas to study together! 01 What does invoice quota mean? Invoice quota includes the total issuance amount quota, the initial total issuance amount quota, and the remaining available quota. 02 What does the remaining available invoice quota mean? Remaining available quota, also called remaining available invoice quota, refers to the total issuance amount quota of a pilot taxpayer within a natural month minus the used quota. The used quota includes the pilot taxpayer's electronic invoice...
2024-10-12
Leqi is a platform provided by the State Taxation Administration to eligible enterprises for tax-related services, providing services such as electronic invoices through direct connection between the tax system and the enterprise's own information system. As China Golden Tax Phase IV continues to be promoted nationwide, more and more enterprises have issued fully digitalized e-invoices through the Leqi platform. How enterprises can efficiently and reliably access the tax bureau's Leqi digital open platform has become a key focus. Key points of Leqi integration: The Leqi application and access process includes many steps, and personnel responsible for integration may, upon first contact, have a vague understanding of the application process and be unskilled in sandbox testing operations. In the...
2024-10-12
With the vigorous nationwide rollout and application of fully digitalized e-invoices, a true fully digitalized era has begun. Compared with traditional paper invoices and electronic invoices, fully digitalized e-invoices have notable characteristics: they abandon traditional medium dependence, achieving dematerialization; break free from fixed formats, achieving de-formatting; adopt tag-based management, making information classification clearer; feature elementization, making data more precise; introduce a credit system, optimizing credit management; apply coding, enhancing management effectiveness; and cover all fields, all stages, and all elements. However, in fully digitalized e-invoices...
2024-10-11
Recently, the Ministry of Finance revised and issued the "Work Standards for Accounting Informatization" (Cai Kuai [2024] No. 11, hereinafter referred to as the "Work Standards") and the "Basic Functions and Service Standards for Accounting Software" (Cai Kuai [2024] No. 12, hereinafter referred to as the "Software Standards"), effective from January 1, 2025. The release of the two standards plays a positive role in implementing the new Accounting Law, serving high-quality economic and social development, accelerating the digital transformation of accounting work, and improving the accounting informatization institutional system. 01 What is the connection between the two standards and electronic accounting archives? The two standards provide electronic...
2024-10-11
An employee of our company reimburses a subway ticket for work and obtains one VAT ordinary electronic invoice for "transport services * subway ticket." The invoice does not indicate detailed passenger information. Can the input VAT be deducted? Announcement of the Ministry of Finance, State Taxation Administration, and General Administration of Customs on Policies Related to Deepening VAT Reform (Announcement No. 39 of 2019 of the Ministry of Finance, State Taxation Administration, and General Administration of Customs), Article 6: For domestic passenger transport services purchased by taxpayers, the input VAT is allowed to be deducted from output VAT. (1) If the taxpayer has not obtained a special VAT invoice, the following provisions shall temporarily apply to determine the input...
2024-10-10
According to the unified arrangements of the State Taxation Administration, fully digitalized e-invoices (abbreviated as "fully digitalized e-invoices") have been vigorously promoted nationwide. Kailing Technology · Lingshuitong Smart Invoice Service Platform provides you with convenient invoicing methods such as "copy invoicing", "batch invoicing", "review invoicing", "scan-code invoicing" and "invoice drafts". This article compiles a collection of fully digitalized e-invoice issuance operations to help you quickly complete the invoicing process and make your invoicing work more efficient and smooth! Copy invoicing: one-click copy, easy to handle! Copy invoicing means copying the information of an already issued invoice to edit and issue the invoice again. Log...
2024-10-10
What to do if face scanning for fully digitalized e-invoice issuance is too frequent? Invoicing does not require frequent face scanning; it can be set for up to 183 days. This setting allows enterprises to avoid frequent facial recognition verification within a certain period, thereby simplifying the invoicing process and improving work efficiency. Specifically, this setting applies to taxpayers rated as "excellent enterprises," who can enjoy a longer identity authentication frequency, up to 183 days. The implementation of this policy is mainly to encourage and reward enterprises with good credit and compliant tax payment, and also reflects the tax administration's...
2024-10-09
I. Background for Selecting a Reimbursement and Expense Control System In the current major trends of financial digital transformation, business-finance-tax integration, and business-finance integration, the reimbursement and expense control system, as a key means of enterprise expenditure management, is increasingly attracting high attention from enterprises. In this era of digital intelligence, the construction of a reimbursement and expense control system is by no means an isolated individual effort. Relying only on traditional, single, isolated reimbursement and expense control functions without achieving integrated management with other related systems can no longer meet the requirements of today's enterprise financial digital and intelligent compliance control. However, among the many brands, selecting an intelligent reimbursement solution that can deeply integrate with financial business scenarios...
2024-10-09