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
After returning from the National Day holiday, enterprises' various businesses quickly resumed operation, and the demand for invoice issuance surged accordingly. At this busy moment, how can fully digitalized e-invoice issuance be more convenient? Don't worry, Ling Shui Tong is here to help. Whether it is batch invoicing, rapid delivery, or handling various special invoicing scenarios, Ling Shui Tong has unique solutions to help enterprises carry out business smoothly and improve invoicing efficiency. 1. Different customers and many invoice types?——Batch invoicing is faster. Enterprises can use Ling Shui Tong to download the batch invoice issuance template, edit it as required and upload it to achieve batch invoicing; or by importing the list template...
2024-10-08
The newly revised Archives Law of the People's Republic of China in June 2022 sets out clearer requirements for the informatization and digitalization of archives management, making archives informatization construction key to the digital transformation of government agencies, public institutions, and enterprises. I. Industry Status Quo: At present, the archives management industry faces many urgent problems to be solved. In terms of archives collection and archiving, timeliness is difficult to guarantee, and a large number of archives cannot be properly collected and archived within the prescribed time, affecting the completeness and systematicness of archives. There are also irregularities in management links, and the lack of unified standards and strict processes makes archives in classification...
2024-10-08
As an important carrier for recording history and transmitting civilization, archives play an irreplaceable role in social development. The "14th Five-Year Plan" period is the first five years of China's new journey to fully build a modern socialist country, and also a critical period for the high-quality development of archive undertakings. The "14th Five-Year Plan for National Archive Development," issued by the General Office of the CPC Central Committee and the General Office of the State Council, pointed the way for archive work during this period. I. Review and Outlook of the Development Environment Original description: Authoritative interpretation: (1) The development achievements of the "13th Five-Year Plan" laid a solid foundation "Thirteen...
2024-09-30
How to issue a thousand acquisition invoices with one click? Ling Shui Tong doubles your efficiency!
Agricultural product purchase invoices are issued by the purchasing enterprise to individual agricultural producers (farmers) when purchasing agricultural products from them, serving as a pre-tax expense voucher and a VAT input tax deduction voucher, and are a type of "reverse invoicing." So how does Kailing Technology · Lingshuitong perform reverse invoicing for the agricultural product purchase type? Users can import via Excel spreadsheet into the Lingshuitong invoicing platform, intelligently match tax codes, automatically identify list invoices, issue thousands of invoices with one click, and deliver automatically, greatly reducing invoicing costs and saving invoicing time for enterprises...
2024-09-30
In the era of fully digitalized e-invoices, have you deregistered all your tax control equipment? 01 Tax control equipment exits the stage of history; must the tax control disk be deregistered? In the era of fully digitalized e-invoices, fully digitalized e-invoices no longer require a tax control disk for invoicing, making invoice issuance very convenient and quick. No need to worry about whether the invoicer, administrator, reviewer, and payee are the same person, while also saving time. Fully digitalized e-invoices directly cancel the invoice application process, and taxpayers no longer need to apply for invoices at the tax bureau. Both electronic invoices and paper invoices require various special tax control equipment, while fully digitalized e-invoices have achieved "dematerialization"...
2024-09-29
I. Existing Problems in Expense Control and Reimbursement. 1. Pre-application problems. Employees often apply retroactively, and the significance of pre-application is unclear. There are situations such as difficult control, applications becoming a mere formality, and employees finding it troublesome. 2. Invoice dependency problems. Most business relies on paper invoices, resulting in a large number of non-compliant documents. There are situations such as difficult compliance, errors prone to occur in invoice sorting and pasting, and difficulty recalling expenses accumulated over a long period. 3. Approval problems. Business leaders do not check or find approval troublesome. There are situations such as difficult approval, leaders finding it hard to understand the business process, approval being beyond their capacity, and relying entirely on intuition. 4. Review problems...
2024-09-29
In the New Electronic Tax Bureau, after an enterprise changes its tax officer or financial officer, it still cannot use the New Electronic Tax Bureau. Is it necessary to complete person-enterprise association before it can be used? After an enterprise changes its taxpayer or financial officer, it is necessary to confirm whether person-enterprise association has been completed. Only after person-enterprise association is completed can the New Electronic Tax Bureau be used. If person-enterprise association has not been completed, please follow the steps below: ① The enterprise initiates, and the individual confirms the relationship: The enterprise legal representative or financial officer logs in to the New Electronic Tax Bureau and enters the account center. [Step 1] Click the menu bar "Personnel Permission Management" - "Add Tax Officer" to enter Add Tax Officer...
2024-09-27
Leqi Direct Connection, as an innovative practice model of "smart taxation," has arrived. Through direct connection between the tax system and enterprises' own information systems, it embeds tax policies and invoice issuance and usage business rules into enterprise systems, builds a tax-enterprise direct connection channel centered on fully digitalized e-invoice data, creates new development opportunities for enterprises, and effectively promotes business-finance-tax integration. Currently, Leqi services are accelerating their promotion, and many large enterprises have connected to the Leqi platform, enabling direct connection units to connect multiple user units to use Leqi-related functions, making invoice issuance and usage more convenient and effectively saving time and costs. We previously shared Leqi self-use and Le...
2024-09-27
Q: Our unit is an agricultural product planting enterprise, specializing in the production of green, pollution-free fruits and vegetables, and directly supplying major chain supermarkets. At present, one supermarket insists that our company issue a VAT special invoice. Can we issue a VAT special invoice to this supermarket and file and pay tax, while the business with other merchants is still filed as tax-exempt? Article 15, Item (1) of the Interim Regulations of the People's Republic of China on Value-Added Tax provides that self-produced agricultural products sold by agricultural producers are exempt from VAT. Article 21 provides that where a taxable sales activity is subject to tax exemption provisions, a VAT special invoice may not be issued....
2024-09-26
To implement the relevant requirements of the Accounting Law of the People's Republic of China, the Ministry of Finance issued the Work Specifications for Accounting Informatization and the Basic Functions and Service Specifications for Accounting Software. In Chapter 2 of the Work Specifications for Accounting Informatization, Articles 29, 30, and 31 further clarify the management requirements for electronic accounting archives for enterprises. Article 29: Units with the necessary conditions should promote paperless and automated processing throughout the entire process of receiving, generating, transmitting, storing, and archiving electronic accounting vouchers. Article 30: Units may, under the conditions of clear rights and responsibilities and ensured information security...
2024-09-26
With the full rollout and application of fully digitalized e-invoices, more and more taxpayers are becoming proficient in using them. When taxpayers issue fully digitalized e-invoices through the electronic invoice service platform, "intelligent quota management" is implemented. Today let's take a look at the hot Q&A about fully digitalized e-invoice quotas! 1. Do fully digitalized e-invoices require no tax copying or clearing, and is the total invoicing amount quota automatically restored on the 1st of each month? Answer: The invoice quota is not restored on the 1st of each month, but after the monthly (quarterly) tax filing. During the VAT filing period, pilot taxpayers may, before completing VAT filing as required, use the remaining available quota from the previous month, not exceeding the current month's invoicing amount...
2024-09-25
In enterprise operations, expense control is like a solid line of defense, safeguarding the enterprise's financial security as well as the rational allocation and efficient use of resources. However, in a complex and ever-changing business environment, managing budgets easily is no simple task. The following ten methods of enterprise expense control will help enterprises handle expense management with greater ease. Secret 1: Establish strict budget standards to lay the foundation for expense control The starting point of expense control lies in establishing a scientific and reasonable set of budget standards. Enterprises should deeply analyze the advantages and disadvantages of various budget systems, such as the stability of fixed budgets and the flexibility of flexible budgets...
2024-09-25
How can service industries such as hotels, restaurants, and supermarkets quickly issue fully digitalized e-invoices? There is no need to make customers wait in long queues for invoicing, while also reducing the pressure on invoicing staff and making invoicing easy. The best way is to use scan-to-invoice! So, let's take a quick look at how to enable customers to scan and invoice~ 1. Merchant: select the invoice type in advance and enter invoicing items, amounts, and other information, then generate a QR code with a specific validity period and send it to the customer. 2. Customer: use WeChat or Alipay to scan the generated QR code and enter purchaser information to issue the invoice themselves. 3. Advantages: no need to wait for customers...
2024-09-24
Leqi Direct Connection: The "tax-enterprise direct connection" interface provided by the State Taxation Administration. Enterprises that meet the conditions for Leqi self-use can, through their own application, provide direct-connection invoicing, invoice use, and other tax-related services for their own unit and subordinate units. Leqi other-use: The State Taxation Administration opens Leqi other-use interface applications to third-party service providers that meet the conditions for Leqi other-use (such as Kailing Technology). After a third-party service provider obtains the Leqi other-use interface, it can provide Leqi services to other market entities with which it has no controlling relationship. Leqi other-use brings many significant values to enterprises: 1. In invoice management...
2024-09-24