The Leqi pilot continues to accelerate. Enterprises that meet the requirements should have already received the notice. As for the benefits of Leqi, why enterprises should launch Leqi, and what impact the launch will have on enterprises, these points need no further elaboration. What matters most to enterprises now is how to plan their upgrades well, complete platform connection and launch at the prescribed time, and let enterprises and the supply chain ecosystem fully enjoy the convenience of fully digitalized e-invoices and Leqi. Step 1: Sort out the enterprise's digital upgrade needs. For the country, developing comprehensive strength requires grasping the key opportunities of frontier technological revolution and industrial transformation, from macro to micro, controlling development...
2024-02-19
With the development of information technologies such as "big data, AI, mobile internet, cloud computing, IoT, and blockchain," traditional financial management is beginning to shift toward informatization and digitalization, and electronic invoices and electronic vouchers are gradually replacing traditional paper archive materials, prompting enterprises to transform and upgrade and gradually achieve paperless finance, helping reduce costs and increase efficiency. At the same time, under strong policy impetus, business-finance-tax digitalization and paperless operations have entered a new development window. In March 2020, the Ministry of Finance and the National Archives Administration jointly issued the "Notice on the Reimbursement, Accounting, and Archiving of Electronic Accounting Vouchers," explicitly stating that enterprises may use only electronic accounting vouchers for reimbursement, accounting, and archiving, without needing to print paper...
2024-02-18
Motor vehicle sales invoices and used car sales invoices, as relatively independent invoice types, previously required tax-control equipment for issuance. Starting from January 2024, the pilot scope for fully digitalized e-invoices for motor vehicles has been gradually expanded. During the pilot period, pilot taxpayers in pilot regions will issue paper invoices and fully digitalized e-invoices through the fully digitalized e-invoice platform, while other taxpayers will still issue paper invoices through the VAT invoice management system (the original information system). During the pilot period, paper invoices issued through the fully digitalized e-invoice platform and paper invoices issued through the original information system are both valid. When handling motor vehicle registration business, public security traffic management departments in various regions still review and retain paper invoices as required, and recognize...
2024-02-06
1. When issuing fully digitalized e-invoices on the electronic tax bureau, how to add payee and reviewer? Answer: Hello, for the VAT ordinary invoice and VAT special invoice issued in the electronic invoice service platform, the "payee" and "reviewer" are not required fields. If there is a need to fill in, the taxpayer can enter the "payee" and "reviewer" information in the "Remarks" column of the [Blue Invoice Issuance] function page. 2. When issuing fully digitalized e-invoices on the electronic tax bureau, how to assign codes on the immediate invoicing interface? Answer: ① Please click in sequence [I Want to Handle Taxes] — [Invoicing Business] — [Blue Invoice...
2024-02-02
As of now, all 36 provinces, regions, and municipalities nationwide (including separately listed cities) have achieved full coverage of the fully digitalized e-invoice pilot. But many accountants are very unfamiliar with fully digitalized invoicing: the invoicing interface is complex, it takes a long time to find how to issue one invoice, invoice volume is large and time is short, issuing them one by one is hectic, the accountant is outside while the customer urgently needs the invoice...... How to issue invoices quickly and improve work efficiency? Lingshuitong · Smart Invoice Service Platform supports issuing fully digitalized e-invoices on mobile and computer, one-click migration of historical tax control disk data to the new system, scan-code invoicing, batch invoicing, API invoicing, etc..... Multi-scenario invoicing solutions help you issue invoices easily~...
2024-02-02
With the accelerated expansion of the "fully digitalized e-invoice" pilot and the continued advancement of the electronic voucher pilot, small and medium-sized enterprises also need to consider how to better respond to compliance requirements under new trends and accelerate financial digital transformation. As the "last mile" of "business-invoice-finance-tax-archive," the traditional offline accounting archive management model has many problems: failure to archive electronic invoice electronic files does not comply with Article 4 of Cai Kuai [2020] No. 6, and will be handled and penalized in accordance with relevant laws and administrative regulations such as the Accounting Law of the People's Republic of China and the Archives Law of the People's Republic of China. Failure to value the long-term preservation of archives...
2024-02-01
I. FAQ on VAT deduction for passenger transport services 1. Our company is a general VAT taxpayer. For purchased passenger transport, what types of vouchers can be used for input VAT deduction? Answer: For domestic passenger transport services purchased by a general VAT taxpayer, vouchers that can be used for input VAT deduction include: special VAT invoices, electronic ordinary VAT invoices, air transport electronic ticket itineraries indicating passenger identity information, railway tickets, and other highway, waterway, etc. 2. Our company is a general VAT taxpayer. For air transport electronic ticket itineraries, railway tickets, etc. indicating passenger identity information obtained by employees on business trips,...
2024-02-01
State Taxation Administration Order No. 56, the "Decision of the State Taxation Administration on Amending the Implementation Rules for the Measures for the Administration of Invoices of the People's Republic of China," was deliberated and adopted at the 3rd bureau affairs meeting of the State Taxation Administration on December 29, 2023, and is hereby promulgated, effective from March 1, 2024. Director of the State Taxation Administration: Hu Jinglin, January 15, 2024. Decision of the State Taxation Administration on Amending the Implementation Rules for the Measures for the Administration of Invoices of the People's Republic of China. To safeguard the Measures for the Administration of Invoices of the People's Republic of China (hereinafter...
2024-01-31
Today we have compiled a nanny-level guide on how to handle receiving a "fully digitalized e-invoice." Quickly forward it to the finance colleagues around you~ 1. What does a "fully digitalized e-invoice" look like? Like traditional invoices, fully digitalized e-invoices are also divided into VAT special invoices and ordinary invoices, and their effect is the same as that of paper invoices. The invoice format is as follows: Among them, the 13 special business invoices include: rare earth electronic invoice, cigarette electronic invoice, construction service electronic invoice, passenger transport service electronic invoice, freight transport service electronic invoice, real estate sales electronic invoice, real estate operating lease...
2024-01-31
The "remarks column" of fully digitalized e-invoices is a rather troublesome issue for accountants. When designed, the remarks column was intended to let enterprises disclose more business information, give tax authorities more basis for judging enterprise economic matters, and help standardize the invoice market. However, because provisions on the "remarks column" are scattered across various regulations, different businesses have different requirements for the remarks column. For example, five specific types of business must fill in the remarks column as required; if not filled in as required, it constitutes falsely issuing a VAT invoice, and the invoice is not allowed for input VAT deduction or pre-tax deduction. Most industries have no requirements for remarks, so many accountants no longer fill them in...
2024-01-30
In enterprise contract management, contract revision and updating is a complex and important task. Due to adjustments in commercial terms or the results of negotiation between both parties, contract versions may change, but these changes may also lead to errors, inconsistencies, or omissions in the contract, thereby causing risks and trouble. To solve this problem, the Kailing contract OCR comparison function has emerged. It can quickly identify different versions of contracts and compare differences, so as to achieve the goal of zero-error handling of contract issues. Challenges of contract revision Contract revision is a complex and multi-layered task that requires a large amount of time...
2024-01-30
On December 29, 2023, Premier Li Qiang of the State Council presided over an executive meeting of the State Council, which deliberated and passed the "Implementing Regulations of the Archives Law of the People's Republic of China (Draft)." This newly revised "Implementing Regulations of the Archives Law of the People's Republic of China (Draft)" is also the first major revision since the comprehensive revision of the "Measures for the Implementation of the Archives Law of the People's Republic of China" in 2017. On January 4, 2024, China Archives News published the article "Using High-Quality Archives Work to Help High-Quality Economic and Social Development," emphasizing that in order to continuously expand the application scope of electronic invoices, the first priority is to continue advancing electronic invoice electronic...
2024-01-29
The keyword of "China Golden Tax Phase IV" is "fully digitalized e-invoice," and its philosophy is "governing taxation with data." Relying on internet and big data technologies, it achieves full-process, full-business, and full-chain management of taxpayers. Against this backdrop, enterprises must promptly verify invoices and preserve original invoice documents, which is not only a tax compliance requirement but also an important part of internal management. In invoice verification, the application of OCR recognition technology has become key to improving verification efficiency and accuracy. In the course of business operations, enterprises generate a large volume of invoices and documents, which are enormous in quantity and require substantial manpower to organize...
2024-01-29
1. How to change the legal representative's name and ID information in the basic information on the electronic tax bureau? Hello, please click [I Want to Handle Taxes] — [Comprehensive Information Report] — [Identity Information Report] — [One-License-One-Code Household Registration Information Change], check the license-related information change, the content before and after the change will be automatically brought out, after checking that the brought-out content is correct, save successfully and click Next to submit. 1. I Want to Handle Taxes — Comprehensive Information Report. 2. Comprehensive Information Report — Identity Information Report — One-License-One-Code Household Registration Information Change. 3. One-License-One-Code Household Registration Information Change page,...
2024-01-26
With the arrival of the digital era, managing financial risk has become especially important for enterprises. As a critical part of corporate financial management, the accuracy and compliance of invoices directly affect a company's operations and development. The application of an invoice management system provides enterprises with an efficient, accurate, and compliant invoice management solution that can help reduce financial risk. I. Automated Processing and Accuracy Traditional manual invoice processing is prone to human error, such as incorrect invoice data entry, issuing incorrect invoices, and so on. The application of an invoice management system can achieve automated...
2024-01-26
Currently, except for Hong Kong, Macao, and Taiwan, the whole country has achieved full coverage of the fully digitalized e-invoice pilot. We have compiled the most complete knowledge about fully digitalized e-invoices to date, hoping to help everyone in their daily work and study. If you find it helpful, remember to bookmark and share~ Fully digitalized e-invoice samples 1. Fully digitalized e-invoice (VAT special invoice) 2. Fully digitalized e-invoice (general invoice) 3. Rare earth fully digitalized e-invoice 4. Construction services fully digitalized e-invoice 5. Passenger transport services fully digitalized e-invoice 6. Freight transport services fully digitalized e-invoice...
2024-01-25
In today's highly competitive business environment, if enterprises want to remain competitive and achieve sustained growth, they need to constantly seek ways to improve operational efficiency. An invoice management system is precisely a key tool that can help enterprises improve overall operational efficiency. This article will discuss the significance of an invoice management system to enterprise operational efficiency and introduce how to use the system to optimize financial processes, improve production efficiency, and optimize customer relationships. The Value of an Invoice Management System An invoice management system refers to a system that uses software and technology to process and manage invoices. It can help enterprises automate and simplify invoice processing workflows, reducing...
2024-01-25
1. What should I do if I don't want to perform face recognition too frequently? During the issuance of blue-letter invoices, when clicking "Issue Invoice Now," the system will redirect to identity authentication. The frequency of this identity authentication can be manually set with a time interval. So how do you set the identity authentication frequency? I don't want to perform face recognition too frequently, what should I do? Hello, the company's legal representative or financial officer logs into the Electronic Tax Bureau [I Want to Handle Taxes] → [Invoicing Business] → [Blue-Letter Invoice Issuance] → [Identity Authentication Frequency Settings] located below the invoice quota, to modify your face recognition authentication frequency. The specific modification path is as...
2024-01-24
Against the backdrop of booming emerging technologies, expense reimbursement in enterprises and institutions has shifted from the traditional offline paper-based model to a new intelligent reimbursement model. A series of application scenarios such as intelligent data collection, intelligent form submission, and intelligent review have gradually been realized, providing an effective way to optimize the reimbursement experience and achieve more precise expense management. Although factors such as the incomplete popularization of electronic invoices, differences in the informatization capabilities of various units, and inconsistent policy implementation make fully paperless reimbursement still difficult to achieve, many enterprises and institutions have already made advanced attempts and practices in intelligent reimbursement. Full electronification of invoices...
2024-01-24
In 2023, the Accounting Department of the Ministry of Finance, together with 9 ministries and commissions, issued the "Notice on the Electronic Voucher Accounting Data Standards (Trial Version)". Subsequently, paperless archive management pilots were launched across the country, and related policies were released one after another. As the last mile of enterprise financial digital transformation, the construction of an electronic accounting archives system is crucial. But in fact, digital archive management is by no means as simple as "paperless". Paperless is a big step in archive management. The traditional archive management model uses paper as the basic medium and relies on manual processing and physical space storage. Whether in terms of cost, efficiency or archiving...
2024-01-23