Fully Digitalized E-Invoices Have Arrived, and These Problems No Longer Need to Be Worried About!

Recently, with the announcement issued by the Tibet Tax Service, starting from December 1, 2023, a fully digitalized e-invoice pilot was carried out among some taxpayers under its jurisdiction. As of now, all provinces nationwide have achieved full coverage of the fully digitalized e-invoice pilot.

Simply put, all provinces and cities nationwide have implemented pilots for fully digitalized e-invoices. If you still do not understand fully digitalized e-invoices, you are falling behind!

Fully digitalized e-invoices actually have many advantages and solve many daily practical problems,Let's take a look~ alsoWelcomeYou comeSupplementary note！

1.No longer need to worry about whether the invoice issuer, reviewer, and payee are the same person.

When we use special VAT invoices and general VAT invoices, we always struggle with many questions.

For example, can the invoicer, reviewer, and payee be the same person?Many people argue endlessly about this.

AndFully digitalized e-invoices have removed the payee field and the reviewer field that were fixed on invoices, leaving only the issuer.

Everyone no longer needs to worry about the issue of duplicate issuer, reviewer, and payee on invoices, because this column no longer exists on invoices. (Of course,If one mustAdd reviewer and payee,Can alsoChoose to add it to the remarks column yourself).

2.No longer need to worry about the invoice issuer being "Administrator."

Previously, invoices were often received with the invoicer listed as administrator, and many people struggled with whether to accept such invoices.

AndFully digitalized e-invoices are issued by logging in to the electronic tax bureau with real-name authenticationof.The invoicer automatically displays the actual invoicer's real name based on real-name information, which cannot be modified. If it really shows as administrator, then it only proves that the person's real-name ID is indeed administrator.

3.No longer need to worry about whether the seller's and buyer's bank accounts or addresses are fully filled in.

When receiving a VAT general invoice, the seller did not fully write its own bank account and account opening bank information—does this actually have any impact?

Many friends also ask whether, for ordinary invoices, the buyer's address and phone number, and bank and account number, need to be filled in completely.

This issue has always been controversial, but now it's fine—in the future, fully digitalized e-invoices will no longer require agonizing over this problem.

Because fully digitalized e-invoices have eliminated the display of these columns, it is simply notRequiredWith this information filled in, of course you can alsoAfter filling inChoose to display in the remarks column.

4.No longer need to worry about the invoice special seal being stamped incorrectly.

Paper invoices must be stamped with the special invoice seal. Sometimes the stamp is upside down, sometimes it is unclear and a second stamp is added beside it. These issues have long troubled taxpayers.

For a long time, many newcomers have struggled with these issues, and situations where accounting troubles accounting often occur. A stamp placed upside down, or not placed in the lower right corner, leads to repeated returns and hassle—how annoying.

AndFully digitalized e-invoices do not need a seal at all, and there is no place for a seal.

5.No longer need to worry about the remarks column being too small to fit all information.

Previously, the invoice remarks column was relatively small, and sometimes the name was long but had to be noted, so the remarks column was too small to fill in completely.

Fully digitalized e-invoices have arrived, the remarks columnVery, no longer worrying about not having enough space in the remarks column.

Moreover, for some business types that must be noted, the invoice directly provides a fixed template, directly adding the required fields to the invoice face, reducing the pressure on the remarks column and also reducing the risk of omission.

At the same time, these items are required fields for invoice completion, thereby controlling invoice issuance quality from the source and reducing the probability of invoice returns.

6.No longer need to worry about the password area exceeding the border.

For VAT special invoices, taxpayers often struggle with the issue of the password in the password area being printed beyond the password box.

With fully digitalized e-invoices, there is finally no need to struggle with this issue anymore, because fully digitalized e-invoices have no password area at all!

7.No longer need to worry about duplicate recording of electronic invoices.

With the posting function of the E-invoice Service Platform, taxpayers can use this function to confirm the posting of received fully digitalized e-invoices.

Invoices that have been confirmed for booking cannot be confirmed for booking again, so the problem of duplicate booking can naturally be effectively avoided.

8.No longer need to worry about invoices being maliciously red-ink reversed.

The E-invoice Service Platform provides invoice posting identification services for pilot taxpayers. When pilot taxpayers use this function, the system will simultaneously assign a posting status label to the invoice.

If an invoice has been red-letter reversed, you cannot select it for booking, and the system will also display the invoice status. If it was selected for booking first and the invoice is later red-letter reversed, the system will gray out the selected booking information.

Moreover, for fully digitalized e-invoices, if the purchaser has already completed booking confirmation, then if the seller wants to issue a red-letter invoice, it can only be issued after the purchaser's confirmation following submission of the application, which effectively prevents malicious red-letter reversals. (That is, if the seller wants to issue a red-letter reversal and you have already checked and booked it, the other party can only complete the red-letter reversal after you confirm on the platform.)

9.No longer need to worry about the single-invoice invoicing limit.

For fully digitalized e-invoices issued through the electronic invoice service platform, within the total issuance amount limit, there is no limit on the number of invoices issued or the single-invoice issuance limit.

That is, if you are given a quota of 100 million, in theory you can issue one invoice of 100 million or 100 million invoices of 1 yuan.

A reminder is needed here: for paper invoices issued through the electronic invoice service platform, the maximum invoicing limit and the maximum monthly collection quantity are still handled in accordance with current relevant regulations.

10.No longer need to worry about the maximum number of invoice lines limit。

The carrier of fully digitalized e-invoices is electronic files, with no maximum limit on the number of invoice lines, and transaction item details can be fully displayed in the fully digitalized e-invoice. When pilot taxpayers sell goods and issue fully digitalized e-invoices, if there are many types of goods, there is no need to issue a separate sales list. The list is the invoice, and the invoice is the list.

Some text and images are from the internet

Beijing Kailing Technology Co., Ltd.——an enterprise business-finance-tax digitalization solution service provider.

Kailing Technology provides solutions for sales management systems, procurement management systems, output invoicing systems, input invoice collection systems, imaging management systems, financial posting systems, electronic accounting archives and other businesses according to enterprise needs, professionally and efficiently helping enterprises transform and upgrade their business-finance-tax digital management.

If you have any business-finance-tax digital transformation needs, welcome to contact us. Beijing Kailing Technology will serve you wholeheartedly.