E-Invoice is a type of invoice that taxpayers can issue electronically. This invoice is issued in accordance with the Tax Procedure Law and is prepared in accordance with the standards set by the Revenue Administration. E-Invoice is a legal document for both taxpayers and invoice recipients and is used in accounting records.
On the other hand, e-Archive Invoice is an invoice type that is outside the e-Invoice system and is used only in certain situations. E-Archive Invoice is used in cases where e-Invoice cannot be sent, for example, when businesses that are not authorized to issue e-Invoice issue invoices to taxpayers. It is also used when businesses want to send paper invoices to their customers instead of e-Invoices.
What is e-Invoice ?
e-Invoice is a system that allows taxpayers in Turkey to make invoice transactions electronically. Thanks to this system, electronic invoices, which will replace paper invoices, are issued and transactions such as the preparation of tax returns and the realization of tax payments become faster and more practical.
The e-Invoice is prepared in accordance with the standards set by the Revenue Administration and is electronically preserved. It is also possible to automatically transfer the invoice information of taxpayers who issue invoices to the accounting records.
e-Invoice provides many benefits to both taxpayers and the government. Taxpayers do not have to deal with paper invoice issuance, storage and archiving and they can perform their transactions more quickly and securely. The state, on the other hand, can fight against tax evasion more effectively and conduct tax audits more easily.
What is the Difference Between E-Invoice and E-Archive Invoice?
What are the Advantages of E-Invoice?
E-Invoice has many advantages. Some of these are those:
Time and cost savings: Compared to paper invoices, e-invoicing is faster and less costly. Paper invoices need to be mailed, manually processed, and stored, increasing processing time and cost. E-Invoice transactions, on the other hand, are faster and more automatic, thus saving time and cost.
Reducing the risk of errors: E-Invoice systems significantly reduce transaction errors. When performing manual operation, it is possible to make mistakes and enter incorrect information. Since the e-Invoice system records and processes information directly, the risk of errors is reduced.
Easy traceability: E-Invoice systems increase the traceability of transactions. E-Invoice transactions can be easily searched, viewed and stored. This helps in monitoring transactions and resolving issues should any issues arise.
Environmentally friendly: Reducing the use of paper bills helps conserve natural resources. The e-Invoice system saves natural resources by reducing paper usage and reduces its carbon footprint.
Legal compliance: E-Invoice systems are a legally recognized invoice type and operate in accordance with the invoice issuance rules set by the Tax Procedure Law.
For these reasons, many businesses switch to e-invoice system, increasing efficiency in business processes and reducing costs.
