The Government requires 100% of enterprises to use electronic invoices by October 31, 2020 according to Decree 119/2018/ND-CP and Circular 68/2019/TT-BTC.
Up to now, the roadmap for converting to electronic invoices has entered an extremely urgent phase. To avoid the situation of “congestion” in administrative procedures at the end of the year due to businesses simultaneously registering to convert paper invoices to electronic invoices; many local Tax Departments and Tax Branches have encouraged businesses in the area to complete the conversion
procedures early before the above deadline to receive great benefits.
Table of Contents Hide
1. The eternal drawback of paper invoices, is your business facing this?
2. How will businesses benefit from converting to electronic invoices early?
3. MISA supports businesses in implementing electronic invoices from AZ
1. The eternal drawback of paper invoices, is your business facing this?
It has been 6 months since Decree 119/2018/ND-CP regulating the roadmap for converting from electronic invoices to paper invoices took effect. Besides the pioneering enterprises converting to electronic invoices, many enterprises are kuwait telegram data still facing numerous problems from using paper invoices.
What are those shortcomings? Is your business facing these shortcomings? Watch the interesting video below to find out!Late-day shortcomings of paper invoices, is your business facing them?
Handwriting invoices is tiring and takes too long.
Cost of shipping digital efforts digital competition analysis and printing takes time
Lost invoice is fined
Difficult to look up invoices
These are the difficulties that all businesse line data that are still delaying the conversion to electronic invoices face.
Businesses can try MISA’s full electronic invoice features for FREE for 7 days, please contact Hotline: 090 488 5833 or REGISTER at:Try e-invoice
>> 15 Things Businesses Need to Know Immediately About Electronic Invoices
>> In 2020, when is the right time to register to use electronic invoices?
How will businesses benefit from converting to electronic invoices early?
Decree 119/2018/ND-CP stipulates a roadmap for mandatory use of electronic invoices for 100% of enterprises in Vietnam and has achieved many remarkable results. Many enterprises have responded and successfully implemented electronic invoices across the country.
Thus, it is impossible for businesses to intentionally “avoid” electronic invoices. Instead, what businesses need to do is proactively approach electronic invoices as soon as possible. This not only brings economic, human resources, and management benefits to businesses, but also helps
businesses stand firm in the ever-evolving market.
Nearly 400,000 businesses that converted to electronic invoices early before the prescribed deadline have demonstrated the practical benefits of early conversion:
Have the opportunity to get acquainted with new regulations and procedures on electronic invoices
Optimize invoice-related work: Using electronic invoices will help businesses eliminate the process of handwriting invoices, shortening the time for issuing, processing and managing invoices.
Accelerate business processes and customer checkout:
Instead of taking 3 days to a week for customers to receive invoices via express delivery and make payment, sending electronic invoices to customers via email will shorten the payment time of customers, helping businesses collect debts faster.