Q: Does the company-initiated fully digitalized e-invoice red-letter invoice information confirmation process always require the other party's confirmation? A: No. If the buyer has not confirmed or has canceled the selection confirmation and posting confirmation, the seller can directly initiate a red-letter confirmation form in the electronic tax bureau without the other party's confirmation; if the buyer has already performed selection confirmation or posting confirmation, one of the buyer or seller must initiate the red-letter issuance process, and only after the other party confirms can the invoicing party issue the red-letter invoice. Let me summarize it for you again! Q: I understand now. Whether the other party's confirmation is needed depends on whether the buyer has performed selection confirmation for that blue invoice...
2024-04-02
Many enterprises have already been included in the fully digitalized e-invoice pilot, but some finance personnel find that they cannot issue fully digitalized e-invoices, or due to company personnel changes, they need to configure invoicing permissions for newly onboarded personnel. What should they do? Currently, only the legal representative, finance officer, and invoicing clerk have the permission to issue fully digitalized e-invoices. Therefore, enterprises need to add the "invoicer" permission to invoice issuance personnel before they can normally issue fully digitalized e-invoices. How to add invoicer permission? 01 Registration, login, and real-name authentication. The newly added invoicer must have completed natural person user registration and real-name authentication in the electronic tax bureau...
2024-04-01
Starting December 1, 2023, except for Hong Kong, Macao, and Taiwan, nationwide full coverage of the fully digitalized e-invoice pilot has been achieved. For the latest and most complete knowledge on fully digitalized e-invoices, forward and save it quickly~ 1. How are fully digitalized e-invoices issued? 2. How are fully digitalized e-invoices reversed? 3. How is the remarks column filled in for fully digitalized e-invoices? 4. How are fully digitalized e-invoices received? 5. How are fully digitalized e-invoices verified? 6. How are fully digitalized e-invoices booked and archived? 7. How are fully digitalized e-invoices filed? 8. The most complete formats of fully digitalized e-invoices 01 How are fully digitalized e-invoices issued? I. Log in to the electronic tax...
2024-03-29
First look at a tongue twister: paper electronic invoices are not fully digitalized paper invoices; paper electronic invoices are not paper invoices; paper electronic invoices and fully digitalized e-invoices are not paper; paper invoices and fully digitalized paper invoices are paper... Well, can you still tell them apart? It's okay if you can't. Let's look at the images~01#02#03#04#01# is a paper special VAT invoice; 02# is an electronic special VAT invoice; 03# is a fully digitalized special invoice...
2024-03-28
The fully digitalized e-invoice issuance pilot has covered 36 provinces and municipalities nationwide, and fully digitalized e-invoices have truly landed in enterprises. One of the characteristics of fully digitalized e-invoices is "de-materialization." Pilot enterprises can issue fully digitalized e-invoices without using dedicated tax control devices, further simplifying the enterprise invoicing process and reducing invoice costs. So after enterprises deregister their tax control devices, how exactly should they issue fully digitalized e-invoices? To meet enterprises' needs for issuing fully digitalized e-invoices, we have launched the Ling Shui Tong Smart Invoice Service Platform, providing enterprises with a digital product that integrates the issuance and management of tax control invoices and fully digitalized e-invoices. It enables QR code invoicing, batch invoicing, review-based invoicing, multi-user invoicing...
2024-03-28
01 Why connect to Leqi? 1. Empowerment of centralized and shared financial management; Leqi service adopts the "tax-enterprise direct connection" model, the best era dividend for promoting financial resource sharing, "head-to-head" invoice pools, and secure data flow. 2. End-to-end automation of invoicing and settlement processes; only by connecting to Leqi can the huge advantage of fully digitalized e-invoices bridging traditional breakpoints be leveraged to achieve end-to-end settlement process automation integrated with internal and external systems. 3. An inevitable path for smart tax upgrades of group enterprises; the tax bureau has rebuilt the invoice business system from the ground up, and the original tax control platform can no longer meet tax digitalization needs...
2024-03-27
Trade, retail, pharmaceuticals, supply chain... Good news is here! List import invoicing—a convenient invoicing tool common to all industries, improving your enterprise's quality and efficiency by more than a little! LingShuiTong intelligent list import: no matter how many details, invoicing is no worry. Highlight 1: Supports Excel template import of invoicing details. The content to be filled in is simple and clear, can be imported multiple times, and is suitable for issuing invoices with too many product information entries. Highlight 2: Supports outbound order import invoicing (custom Excel tables). No need to copy and paste, no need to edit, one-click import, smooth web operation, greatly improving office efficiency. Highlight 3: Supports tax...
2024-03-26
The images above, are they the problems that have been troubling you recently? Someone did not want fully digitalized e-invoices but got them anyway, while someone wants to issue fully digitalized e-invoices but still cannot. What exactly is going on? Due to policy requirements, enterprises in Beijing are currently gradually using fully digitalized e-invoices. Enterprises that receive cancellation notices need not worry; just complete cancellation and launch use as required. Enterprises that have not yet received notices also need not worry; believe that they will soon be able to issue fully digitalized e-invoices. What is more worrying are those enterprises that suddenly became pilots — what should they do if they do not know how to issue red or blue invoices? Today we will first help you understand...
2024-03-26
In recent years, the emergence of "new variables" represented by fully digitalized e-invoices has further accelerated the digitization of accounting vouchers. In the future, finance personnel will face new challenges in booking and archiving more "electronic vouchers" and managing electronic accounting archives. 01 Features of fully digitalized e-invoices. Relying on a trusted identity system and an electronic invoice service platform, fully digitalized e-invoices have the basic characteristics of no media, no fixed format, tagging, elementization, credit-based issuance, and code assignment. They are new invoices covering all fields, all links, and all elements, and have the same legal effect as paper invoices. 02 Invoice format. The format of fully digitalized e-invoices will be more than the original...
2024-03-25
Currently, "fully digitalized e-invoices" bring certain challenges to enterprises' existing invoice management systems, job responsibilities, business processes, and the transformation and upgrading of related management systems. For example, changes in invoice circulation forms, invoice face information, booking forms, and management requirements will affect invoice management systems, processes, compliance risk management, data analysis and utilization, ERP-related modules, invoice archive management, and may even lead to process reconstruction. Therefore, we recommend that when conducting digital invoice management, enterprises should not focus only on invoicing and invoice receipt itself, but should use invoices as an entry point to promote the transformation of enterprise tax functions...
2024-03-22
With the widespread application of fully digitalized e-invoices, invoice electronification has become an important infrastructure for enterprise business-finance-tax digitalization, which will strongly drive the realization of business-finance-tax integration and accelerate the pace of enterprise digital transformation. In the broader environment of fully digitalized e-invoices, enterprises with large invoicing volumes, many invoice line items, and diverse invoicing needs urgently need to adopt API-based invoicing to achieve automated invoicing and improve invoicing efficiency. The Kailing Technology · Lingshuitong Invoice Management Platform leverages standardized invoicing system interfaces to customize invoicing functions according to enterprise business scenarios, enabling official account/mini-program invoicing, online...
2024-03-21
From "collecting tax" to "reporting tax," then upgrading to "calculating tax"; from "going on-machine" to "going online," then leaping to "going on-cloud"; from "experience-based tax management" to "managing tax by invoices," ultimately moving toward "governing tax by data." "Smart taxation" is approaching us. Today let's share the past and present of "China Golden Tax Phase IV," tax risks, and compliant tax planning. I. The past and present of "China Golden Tax Phase IV" 1. A brief history of the "Golden Tax Project" "Golden Tax Phase I"—handwritten invoices: "Golden Tax Phase II"—machine-printed invoices: 2....
2024-03-21
Fully digitalized e-invoices have new changes again! Two new styles have been added! The Shanghai Tax Service and Xiamen Tax Service announced the pilot launch of motor vehicle and used vehicle business functions on the electronic invoice service platform. In other words, motor vehicle business can now issue fully digitalized e-invoices! ▲Note! First, taxpayers must be classified as motor vehicle enterprises to issue them; unclassified enterprises cannot select this label. Second, when issuing a fully digitalized e-invoice, on the 'Issue Now' screen, select the 'Motor Vehicle' specific business label, then issue according to the prompts. -Appendix:-Appendix 1: Motor vehicle specific business...
2024-03-20
Recently, the National Tax Work Conference was held in Beijing. The conference noted: continue to deepen tax collection and administration reform, steadily advance the promotion and application of fully digitalized e-invoices, expand the rollout of the nationwide unified new electronic tax bureau, deepen and expand the application of tax big data, and improve digital and intelligent governance efficiency. Since December 1, 2023, except for Hong Kong, Macao, and Taiwan, the whole country has achieved full coverage of the fully digitalized e-invoice pilot. As the fully digitalized e-invoice pilot continues to deepen, the circulation and application of fully digitalized e-invoices is a core issue for enterprises. Group enterprises have many and dispersed tax entities, and their business is more complex. It is understood that as of January 1, 2024...
2024-03-19
All 36 provinces, autonomous regions, and municipalities nationwide have entered the pilot scope for fully digitalized e-invoice issuance, and fully digitalized e-invoices are being rapidly promoted and implemented. For enterprises in pilot regions, how can they connect with the system as soon as possible to meet the full lifecycle management needs of fully digitalized e-invoice issuance, circulation, and storage? For enterprises with a comprehensive digital system layout, how can they organically combine fully digitalized e-invoice upgrades with electronic voucher upgrades, electronic archive upgrades, supply chain collaboration, and digital system upgrades? For enterprises that value data and expect to build up data assets, how can they build a solid digital transaction infrastructure at the source to achieve data-driven business, promote decision-making, ...
2024-03-19
As the digital economy develops, key policies in the field of accounting archives continue to advance. The State Taxation Administration's VAT invoice electronic reform, the Ministry of Finance's electronic receipt pilot, and the General Administration of Customs' pilot for electronic customs special payment certificates are all being actively promoted. Full-process electronic and information-based electronic accounting archives are the general trend of the future, and China's accounting archive management is gradually developing toward digitalization. To realize electronic accounting archives, enterprises need to establish complete archive management processes and systems, including the collection, creation, storage, and query of electronic accounting archives. They also need advanced technical means, such as cloud computing and big data...
2024-03-18
The fully digitalized e-invoice issuance pilot has covered 36 provinces, autonomous regions, and municipalities nationwide, and fully digitalized e-invoices have truly landed in enterprises. One of the characteristics of fully digitalized e-invoices is "de-materialization." Pilot enterprises can issue fully digitalized e-invoices without using dedicated tax control devices, further simplifying the enterprise invoicing process and reducing invoice costs. So after enterprises deregister their tax control devices, how do they issue fully digitalized e-invoices? You can issue fully digitalized e-invoices through the Ling Shui Tong · Smart Invoice Service Platform, making fully digitalized e-invoice issuance simpler and more convenient! 1. Enter the web version of the Ling Shui Tong · Smart Invoice Service Platform and log in using the enterprise account information bound on the Ling Shui Tong platform....
2024-03-15
Directory of hot issues on fully digitalized e-invoices 1. How do I know whether my company is a fully digitalized e-invoice enterprise and whether it can issue fully digitalized e-invoices? 2. When clicking [Invoice Printing] in the Electronic Tax Bureau invoicing business/Tax Digital Account, the prompt says: No printing service detected on this machine. How to handle it? 3. When issuing a fully digitalized e-invoice on the Electronic Tax Bureau, how do I set email delivery information? 4. How do I assign the quota for fully digitalized e-invoices on the Electronic Tax Bureau? 5. After already issuing fully digitalized e-invoices, do I still need to do monthly tax reporting? 6. For fully digitalized e-invoices, after filling in the address and bank information of both buyer and seller on the issuance interface, when clicking preview only the taxpayer...
2024-03-15
Leqi—is a platform through which the State Taxation Administration provides eligible enterprises, via direct connection between the tax system and the enterprise's own information system, with tax-related services such as fully digitalized electronic invoices under open rules and unified standards. So, what is the difference between Leqi Direct Connection and online invoicing on the fully digitalized e-invoice platform? What is the difference in management between the two platforms? What are the difficulties in connecting during the enterprise's Leqi application process... Let's take a look together~ 01 Differences between Leqi's open rules and the tax control system's openness Leqi open rules Tax control system openness Enterprises in their own systems...
2024-03-14
01 What is Leqi? Leqi (Natural System) refers to the platform through which the State Taxation Administration provides eligible enterprises, via direct connection between the tax system and the enterprise's own information system, with tax-related services such as fully digitalized e-invoices with open rules and unified standards (hereinafter referred to as "Leqi service"). Leqi self-use (Natural System Connection for Self-use, "NSCS") refers to the Leqi service provided by the enterprise's own information system directly connected to Leqi (hereinafter referred to as the "direct connection platform")...
2024-03-13