Electronic invoices are a comprehensive solution that helps businesses save 90% of costs and time related to invoices. However, many businesses are still worried and hesitant to switch because they still have self-printed paper invoices and do not know how to handle them.
According to regulations, Enterprises can use both electronic invoices and paper invoices in parallel until June 30, 2022 or cancel self-printed invoices to completely use electronic invoices. In the article below, MISA meInvoice guides Enterprises to cancel self-printed invoices that have been notified of the issuance of electronic invoices but are no longer in use.
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1. Cases of invoice cancellation
2. Instructions for canceling self-printed invoices that have been announced for issuance but are no longer in use
The electronic invoice provider is certified by the Tax Authority.
1. Cases of invoice cancellation
Cancel self-printed invoice
According to Article 29 of Circular 39/2014/TT-BTC dated March 31, 2014 of the Ministry of Finance regulating the procedures for korea telegram data canceling VAT invoices, clearly states the cases of invoice cancellation as follows:
Invoices printed incorrectly, printed duplicately, or printed in excess must be canceled before the
invoice printing contract is terminated.
Organizations, households and individuals the essence of expressions that might whose invoices are no longer in use must cancel the invoices. The deadline for canceling invoices is thirty (30) days from the date of notification to the tax authority.
In case the tax authority has notified the invoice of its saudi data expiry date (except for the case of notification due to the implementation of tax debt enforcement measures), the organization, household or individual must cancel the invoice. The deadline for canceling the invoice is no later than ten (10) days from the date the tax authority notifies the expiry date or from the date the lost invoice is found.
Invoices issued by accounting units are canceled according to the provisions of the law on accounting.
Invoices that have not been issued but are
evidence of cases will not be destroyed but will be handled according to the provisions of law.
>> Instructions for canceling, re-creating, and adjusting electronic invoices .
2. Instructions for canceling self-printed invoices that have been announced for issuance but are no longer in use
Cancel self-printed invoice
When a business wants to cancel an invoice number and no longer use it, it must follow the invoice cancellation procedure in the following order:
Establish an Invoice Cancellation Council
Enterprises that need to cancel invoices must have a Decision from the enterprise owner on the establishment of an Invoice Cancellation Council. The Invoice Cancellation Council must have representatives from the organization’s leadership and accounting department. Members of the Invoice Cancellation Council are responsible before the law and carry out the following tasks.