Digital document systems are now mandatory for many businesses. The differences between e-Invoice, e-Archive and e-Ledger, and what to watch for when switching.
With the Revenue Administration’s digital transformation, paper invoices and books are being replaced by electronic documents. What does each system do?
e-Invoice
An invoice issued between taxpayers registered in the e-Invoice system, delivered electronically via the Revenue Administration platform.
e-Archive invoice
An electronic invoice issued to buyers who are not registered in the e-Invoice system, such as end consumers.
e-Ledger
Keeping statutory books (journal and general ledger) electronically and uploading their certificates to the Revenue Administration.
Who must use them?
Obligations depend on gross sales revenue, line of business (e.g. e-commerce, real estate, motor vehicles) and certain licences. Thresholds can change every year, so your status should be reviewed annually.
Switching checklist
- Apply within the legal deadline
- Choose a suitable integrator or portal
- Inform customers and suppliers
- Integrate with your accounting software
We manage the whole transition for you and keep track of deadlines.
Ask our advisor for an assessment tailored to your situation.