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
In daily work, the difficulties faced by finance professionals each have their own causes. On the one hand, complex business systems, frequent personnel turnover, and the dispersion of data make it difficult for business staff to fully meet query needs, so they can only turn to the finance department. This leads to a large number of query requests piling up in the finance department, leaving us struggling to cope and often being urged to hurry. On the other hand, financial archives are distributed across various systems, and the mixed management of paper and electronic materials makes query work extremely difficult. Faced with massive amounts of data, we often feel at a loss and cannot quickly retrieve the information we need. Faced with mountains of financial...
2024-03-13
1. How to query and export the summary data of issued invoice materials on the electronic tax bureau? Answer: Hello, please click [I Want to Handle Taxes] — [Tax Digital Account] — [Invoice Query Statistics] — [Full Invoice Query] module to enter, select the query conditions and click [Query], the system will display the query results according to the conditions, select the invoice data to be exported in the query results, and click "Export". 1. I Want to Handle Taxes — Tax Digital Account. 2. Tax Digital Account — Invoice Query Statistics. 3. Full Invoice Query. 4. Full Invoice Query...
2024-03-12
01 Leqi terminology. Leqi (Natural System) is a platform provided by the tax system that offers tax-related services such as fully digitalized e-invoices with open rules and unified standards. Enterprises' own information systems can embed the corresponding rules, promoting compliance of enterprise transaction behavior and improving cooperation between tax authorities and enterprises and taxpayer compliance. 02 Leqi construction background. International: On December 8, 2020, at the 13th OECD Forum on Tax Administration, "Tax Administration 3.0: The Digital Transformation of Tax Administration" was released, proposing the core elements of future tax administration(...
2024-03-12
After more than two years of pilot promotion, the fully digitalized e-invoice project has covered most provinces, regions, and municipalities nationwide (including separately listed cities). As system construction deepens, not only are application functions gradually improving, but support for invoice types is also becoming comprehensive. In November 2023, Tianjin officially launched the issuance function for motor vehicle fully digitalized e-invoices, and in January and February 2024, the motor vehicle business function of the fully digitalized e-invoice platform was launched in a total of 31 provinces, regions, and municipalities including Beijing, Shanghai, and Jiangsu, opening the era of motor vehicle fully digitalized e-invoices. Relevant entities in the motor vehicle industry urgently need to address the compliance and intelligence of fully digitalized e-invoice issuance and invoice management...
2024-03-11
The fully digitalized e-invoice pilot continues to deepen, and the circulation and application of fully digitalized e-invoices are core issues of concern to enterprises. Group enterprises have many and scattered tax entities and more complex businesses. The Leqi platform can help enterprises build diversified and personalized invoice issuance and use scenarios during business transactions, realize automated and digital invoice management, reduce tax compliance risks and institutional transaction costs, and promote business-finance-tax integration. What types of invoices can Leqi issue? There are 22 types of fully digitalized e-invoices in total, including the basic version and 21 special invoice types. The 21 special invoice types mainly include civil aviation, railway, tolls, medical outpatient, medical...
2024-03-11
With the full expansion of fully digitalized e-invoices, most finance professionals have already adopted them. We have also compiled the various problems everyone has encountered for your reference: 1. Can fully digitalized e-invoices be issued beyond the business scope? 2. Can fully digitalized e-invoices be issued in a different location? 3. How can customer information and commodity codes in the tax control system be imported into the electronic invoice service platform with one click? 4. For issuing red-letter fully digitalized e-invoices, can the invoice be issued upon confirmation without first issuing a red-letter information form? 5. What conditions must be met for Leqi Direct Connection? What are the benefits? How to apply and implement it efficiently? 01 Can fully digitalized e-invoices be issued beyond the business scope? According to national...
2024-03-08
Leqi (Natural System) refers to the platform through which the State Taxation Administration provides eligible enterprises, by means of direct connection between the tax system and the enterprise's own information system, with rules-open, standards-unified tax-related services such as fully digitalized e-invoices. 01 What advantages does "Leqi" have? "China Golden Tax Phase IV" requires enterprises to digitally transform and upgrade their finance, and "Leqi" is the best tool! 1. Cost reduction and efficiency increase. Launching Leqi achieves data-element-driven operation. Enterprises can use data and fully digitalized e-invoices to manage and apply key business, financial, and tax information...
2024-03-07
Starting March 1, 2024, the "Implementation Regulations of the Archives Law of the People's Republic of China" (hereinafter referred to as the "Implementation Regulations") officially came into effect. The "Implementation Regulations" consist of 8 chapters and 52 articles, making new institutional arrangements for the development of archives undertakings. This revision of the "Measures for the Implementation of the Archives Law of the People's Republic of China", renamed as the "Implementation Regulations", aims to implement the provisions of the newly revised Archives Law, scientifically and precisely guarantee the effective implementation of the Archives Law, and provide strong legal protection for the innovative development of archives undertakings. We have compiled recent important archives-related time nodes for you: In 2023, electronic invoices were piloted on a large scale, and the national...
2024-03-06
Since fully digitalized e-invoices were piloted on December 1, 2021 in Inner Mongolia Autonomous Region, Shanghai, and Guangdong Province (excluding Shenzhen), they have been accelerating. As of December 1, 2023, 36 provinces (autonomous regions, municipalities directly under the Central Government, and cities with separate state planning) nationwide entered the pilot for issuing fully digitalized e-invoices; as of January 16, 2024, all 36 provinces, regions, and cities nationwide had issued the "Guidelines on the Specifications for Leqi Self-use Direct Connection Services", marking that all 36 tax regions nationwide have fully entered the Leqi pilot stage. Access applications for "Leqi services" are officially open to qualifying large and medium-sized enterprises. Leqi...
2024-03-06
Since Beijing launched the fully digitalized e-invoice pilot, because issuing fully digitalized e-invoices through the e-invoice platform offers advantages such as "simpler invoice collection process," "more convenient invoicing and use," and "integrated accounting and archiving," it has been welcomed by more and more taxpayers. Many users have already received notice that they can issue fully digitalized e-invoices, so what should they pay attention to? We have collected some hot questions to learn about together! Fully Digitalized E-Invoice Hot Questions Contents 1. Pilot taxpayers of fully digitalized e-invoices still have unused paper invoices and electronic invoices on hand; how should these invoices be handled? How should tax control equipment be handled? Does it need to be returned? 2. Fu...
2024-03-05
Against the backdrop of intelligent big data regulation under China Golden Tax Phase IV, with the comprehensive expansion of the "fully digitalized e-invoice" pilot and the empowerment of the "Leqi Service" platform, major development opportunities have been brought to enterprises' tax digitalization upgrades. The emergence of the Leqi Service platform enables enterprises to obtain and manage electronic invoices more conveniently, greatly reducing operating costs while also improving work efficiency. Related concepts. Leqi (NaturalSystem) refers to the method by which the State Taxation Administration provides open rules and unified standards to qualified enterprises through direct connection between the tax system and enterprises' own information systems...
2024-03-05
Most finance professionals are already familiar with the benefits and importance of Leqi (if you are not yet familiar, you can click our profile picture to visit our homepage and read related articles to learn more~). Although Leqi is beneficial, many enterprises have still not applied for it. What key factors influence enterprise decisions and prevent enterprises from quickly connecting to the system and fully enjoying the convenience of fully digitalized e-invoices? First, enterprises have not planned well for the timeline of going live on Leqi. Since fully digitalized e-invoices were piloted in Inner Mongolia, Guangdong, and Shanghai in December 2021 and then rolled out nationwide, more than two years have passed, giving enterprises relatively...
2024-03-04
Fully digitalized e-invoices (abbreviated as "fully digitalized e-invoices") have achieved comprehensive coverage, and the issuance of the "Guidelines on the Specifications for Leqi Self-use Direct Connection Services" has further enabled taxpayers to grasp more technical details around invoice applications under the China Golden Tax Phase IV system. Today we explain in detail the business model of the Leqi interface. 01 Definition of the Leqi interface Leqi (Natural System) refers to the tax-related services such as fully digitalized e-invoices with open rules and unified standards provided by the State Taxation Administration to qualifying enterprises through direct connection between the tax system and the enterprise's own information system (hereinafter referred to as "...
2024-03-04
Perhaps everyone still remembers that on December 29, 2023, the newly revised Company Law was reviewed and passed. Also passed on the same day was the Implementing Rules of the Measures for the Administration of Invoices of the People's Republic of China.—This is the latest adjustment and new regulation after nearly five years since the third revision on July 24, 2019, and it was clearly stated that it would officially take effect on March 1 this year. What adjustments were made to the new invoice administration measures? What is different compared with the previous version? How are the latest specifications clarified? We immediately obtained the official documents. Next, we will provide an item-by-item comparative analysis for everyone...
2024-03-01