1. Policy key points interpretation: Promotion and application of fully digitalized e-invoices To implement the Opinions on Further Deepening the Reform of Tax Collection and Administration, the State Taxation Administration decided to fully promote and apply fully digitalized e-invoices (hereinafter referred to as fully digitalized e-invoices) starting from December 1, 2024. This action will have a major impact on enterprise expense reimbursement management and electronic invoice management, and strongly drive China's tax administration digital transformation into a new stage. Fully digitalized e-invoices fall within the category of "electronic invoices" stipulated in the Measures of the People's Republic of China for the Administration of Invoices, and have the same...
2024-11-28
Nowadays, as more and more enterprises continue to develop their business, their business-finance-tax workload increases and the business volume of branches increases, creating management challenges: 1. Management efficiency: with many invoicing points and many invoicing personnel, how can invoice issuance and tax reporting processes be standardized? With large invoice volumes, how can real-time warnings be provided, risks eliminated, and printing and express delivery costs reduced? 2. Data acquisition: business and invoices need to be interrelated and coordinated, and enterprises need to quickly obtain invoicing data, process invoice reimbursement in a timely manner, unify with business data, and accelerate business processes. 3. Invoicing and receiving risks: enterprises have large invoicing volumes and need...
2024-11-27
With the rapid development of the internet and the arrival of the cloud computing era, the pace of accounting informatization has also accelerated. The application of e-commerce and electronic invoices is becoming more and more widespread, and electronic accounting materials are gradually replacing paper accounting materials. It can be said that the broader context for technical means adapted to electronic accounting archives management is increasingly taking shape. Articles 7, 8, and 9 of the Measures for the Management of Accounting Archives issued by the Ministry of Finance and the National Archives Administration clarify relevant content on electronic accounting archives management and set requirements for standardized management of electronic accounting archives. The Measures clarify both the technical support for informatization and relevant legal and regulatory guidance. The author believes that doing a good job in electronic accounting...
2024-11-27
Source: State Taxation Administration. As a comprehensive business-finance-tax digitalization 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. Product lines include: sales contract management system, procurement contract management system, fully digitalized e-invoice Leqi Direct Connection interface project, output automatic invoicing system, employee expense control and reimbursement system, input VAT invoice management system, supply chain collaborative reconciliation system, imaging OCR recognition system, automatic financial bookkeeping system, electronic accounting archives system, and other business solutions, comprehensively advancing the digitalization process across various fields....
2024-11-26
To implement the relevant requirements of the Accounting Law of the People's Republic of China, the Ministry of Finance recently issued the Work Specifications for Accounting Informatization and the Basic Functions and Service Specifications for Accounting Software, to regulate and guide the correct development of accounting informatization work. Among them, Article 31 of the Work Specifications for Accounting Informatization provides: units shall establish and improve the electronic accounting archives management system in accordance with regulations, ensuring the authenticity, completeness, usability, and security of electronic accounting archives. Structured data files of posting information that conform to electronic voucher accounting data standards shall be archived synchronously with electronic accounting vouchers. This further...
2024-11-26
Announcement of the State Taxation Administration on Promoting the Application of Fully Digitalized E-Invoices Announcement No. 11 of 2024 of the State Taxation Administration In order to implement the requirements clearly set out in 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, namely "steadily implement the reform of invoice electronification" and "basically achieve electronification of invoices in all fields, all links and all elements, and strive to reduce institutional transaction costs", since the pilot implementation of fully digitalized e-invoices (hereinafter referred to as fully digitalized e-invoices) in Guangdong Province, Shanghai Municipality and Inner Mongolia Autonomous Region on December 1, 2021, the pilot areas have gradually expanded to the whole country. The pilot...
2024-11-25
In enterprise operations management, invoice management is crucial, running through multiple processes such as business, finance, and tax. With the development of the digital era, enterprises' requirements for invoice management are increasing, requiring not only efficiency but also compliance. Kailing Technology · LingShuiTong Smart Invoice Service Platform emerged, providing enterprises with comprehensive solutions. I. Demands for invoice management from different roles Close the data loop among business, finance, tax, and other systems, realize full-process digital management upgrades across business-finance-invoice-tax-archives, ensure business-finance-tax compliance, and support operational transformation. Employee level: convenient reimbursement...
2024-11-25
In today's digital era, electronic accounting archive management is crucial to enterprises' efficient operations and compliant development. Service enterprises that provide electronic archive management play a key role in providing technical support and assurance. However, faced with numerous choices, how should enterprises select a suitable electronic accounting archive service provider? I. System construction: ensure compliance with standards while combining ease of use and compatibility. In the construction of electronic accounting archive systems, service providers should provide solutions that comply with relevant standards (such as the "Measures for the Management of Electronic Archives") and have data structures and interface standards that meet national standards. This is the foundation...
2024-11-22
Where a natural person temporarily obtains income or meets other circumstances requiring invoice issuance, the competent tax authority may issue an invoice on their behalf. When other taxpayers determined by the State Taxation Administration who may have VAT special invoices issued on their behalf engage in VAT taxable acts and need to issue VAT special invoices, they may apply to their competent tax authority for issuance on their behalf. So, exactly how should one use the web portal or mobile portal to have a VAT invoice issued on their behalf? Is there a simpler method? Be sure to read to the end~ I. Web portal issuance Step 1: Enter the electronic tax bureau and click to log in. Step 2: Select...
2024-11-22
From November 1, railway passenger transport nationwide will promote fully digitalized electronic invoice services. Where is the railway electronic invoice entry point? How are electronic invoices issued? How are they reissued? Let's learn about it together! Electronic invoice issuance entry: currently, the electronic invoice entry can be found in the Railway 12306 App homepage featured applications, common functions such as railway ticket orders and my tickets; and in the order center of the Railway 12306 website. Electronic invoice issuance process: electronic invoice reissuance: 1. What relevant services do tax authorities provide to taxpayers and passengers...
2024-11-21
In today's business environment, the operations of large group enterprises present a highly complex situation. Their business reach extends into multiple fields, and the internally deployed business-finance systems are even more massive in scale, including OA systems, business-finance systems, general ledger systems, expense control systems, capital systems, and multiple core systems, all operating independently of each other. In the daily business operations of enterprises, massive amounts of various contracts, agreements, financial statements, and other documents are generated every day. Once there is a lack of a unified electronic archives management system, these documents are very likely to be scattered across different departments and systems, forming information islands...
2024-11-21
The State Taxation Administration, the Ministry of Finance, and the Civil Aviation Administration of China jointly issued the Announcement on Promoting the Use of Fully Digitalized E-Invoices for Civil Aviation Passenger Transport Services, clarifying that starting from December 1, 2024, fully digitalized e-invoices—e-invoices (air transport electronic ticket itineraries)—will be promoted for use in China's civil aviation passenger transport services. Relevant hot Q&A is as follows ↓ 1. What is the background of promoting the use of fully digitalized e-invoices for civil aviation passenger transport services? 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 in 2021 require...
2024-11-20
As the winter heating season arrives, heating as a major livelihood issue attracts much attention. In addition to ensuring heating, heating enterprises also face the challenge of issuing and delivering heating fee invoices. Under the traditional model, a huge user base and complex business scenarios cause frequent invoicing problems, bringing inconvenience to both heating enterprises and users. But in the fully digitalized e-invoice era, the Kailing Technology · LingShuiTong smart invoice platform connects interfaces with heating charging systems and provides an automatic invoicing solution. It not only enables heating enterprises to quickly and accurately deliver invoices to users, bringing an efficient and convenient experience, but also fully considers the needs of special groups such as the elderly and provides electronic invoice printing services....
2024-11-20
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