Every active business in our country is obliged to cut the invoice after the sale. Invoices, which were created by using computer and then with the help of computer, were prepared on the internet. Electronic Invoice Application (e-Invoice Application) has been put into service with the publication of General Communiqué No. 397 Tax Procedure Law.
The e-invoice is prepared on the internet without being printed on the paper and it is transmitted from the seller to the buyer through the servers. Transition to e-invoices started on September 1, 2013 in Turkey. At the times when all businesses need to cut e-invoices, we have to provide information.
Who can use E-invoice?
If we are going to make a definition that you may encounter in standard and everywhere ; according to the declaration issued by the Revenue Administration (IOP), the companies which have licenses or have an annual sales amount of more than 25 million TL and have been subjected to the SCT have to use e-invoice.
Any business that does not fulfill this requirement may be an E-invoice payer and may benefit from this system. In this way, you can take advantage of some of the E-invoice system. In short, if we talk about these benefits, we can give the following examples.
First of all, it is a friendly environment. So you can see a green leaf on each E-invoice logo.
Since invoices are generated over the internet, archiving is easier. It allows you to access your invoices more easily at any time.
You prepare your invoices more quickly, faster devilery to your customers. It saves time.
It eliminates your costs, e.g. paper, printer, envelope, mail, stamp, archive, etc.
It is integrated with your accounting program. You can easily reconcile.
And there are more features.
In addition to its advantages, there are a few disadvantages.
You cannot deduct backwards for more than seven days.
You need to obtain a financial seal.
E-book is mandatory.
Information to know: After your register to the system, you can no longer invoice the paper. All your invoices will be sent by the financial seal so the financial seal you have received before must be renewed every three years.
How can I get to the e-invoice system and how much does it cost?
You can make an electronic application from the IOP’s site to switch to the system. The cost of switching to e-invoices is not large. It is just the financial seal you need to pay. You can contact the Revenue Administration Association fort he net figure.