In order to comprehensively promote the digital upgrade and intelligent transformation of tax collection and administration, the State Administration of Taxation will launch a comprehensive digital electronic invoice pilot project in Shanghai, Guangdong (excluding Shenzhen), and Inner Mongolia from December 1, 2021. Due to its characteristics such as no need to collect, convenient issuance, information integration, and cost saving, all-electricity invoices have attracted the attention of more and more taxpayers.
On June 17, 2022, the Shanghai Municipal Taxation Bureau of the State Administration of Taxation issued the "Announcement on Expanding the Scope of Payees of Fully Digital Electronic Invoices", which included the scope of payees of Shanghai pilot taxpayers issuing invoices through the electronic invoice service platform. On the basis of the scope of payees stipulated in Article 1 of the "Announcement of the Shanghai Taxation Bureau of the State Administration of Taxation on Further Carrying out Comprehensive Digital Electronic Invoice Pilot Work" (2022 No. 1), it will be expanded to the whole country in batches. In addition, Shanghai taxpayers, as the payee, can receive invoices issued through the electronic invoice service platform by pilot taxpayers in the Inner Mongolia Autonomous Region and Guangdong Province (excluding Shenzhen City).
△Policy review
June 9, 2022
The Beijing Municipal Taxation Bureau of the State Administration of Taxation issued the "Announcement of the Beijing Municipal Taxation Bureau of the State Administration of Taxation on Launching a Pilot Program for Comprehensive Digital Electronic Invoice Acceptance"
The Shenzhen Municipal Taxation Bureau of the State Administration of Taxation issued the "Announcement of the Shenzhen Municipal Taxation Bureau of the State Administration of Taxation on launching a comprehensive digital electronic invoice collection pilot project"
June 8, 2022
The Zhejiang Provincial Taxation Bureau of the State Administration of Taxation issued the "Announcement of the Zhejiang Provincial Taxation Bureau of the State Administration of Taxation on launching a comprehensive digital electronic invoice collection pilot project"
The Jiangsu Provincial Taxation Bureau of the State Administration of Taxation issued the "Announcement of the Jiangsu Provincial Taxation Bureau of the State Administration of Taxation on Launching a Pilot Program for Comprehensive Digital Electronic Invoice Collection"
June 7, 2022
The Shandong Provincial Taxation Bureau of the State Administration of Taxation issued the "Announcement of the Shandong Provincial Taxation Bureau of the State Administration of Taxation on launching a comprehensive digital electronic invoice collection pilot project"
May 20, 2022
The Shanghai Municipal Taxation Bureau of the State Administration of Taxation issued the "Announcement on Further Carrying out the Pilot Program of Comprehensive Digital Electronic Invoices"
May 5, 2022
The Sichuan Provincial Taxation Bureau of the State Administration of Taxation issued the "Announcement of the Sichuan Provincial Taxation Bureau of the State Administration of Taxation on launching a comprehensive digital electronic invoice collection pilot project"
April 19, 2022
The Inner Mongolia Autonomous Region Taxation Bureau of the State Administration of Taxation issued the "Announcement of the Inner Mongolia Autonomous Region Taxation Bureau of the State Administration of Taxation on further launching a comprehensive digital electronic invoice pilot project"
March 29, 2022
The Guangdong Provincial Taxation Bureau of the State Administration of Taxation issued the "Announcement of the Guangdong Provincial Taxation Bureau of the State Administration of Taxation on further launching a comprehensive digital electronic invoice pilot project"
▶Interpretation of policies related to all-electric invoices
Question 1: Why did the Shanghai Municipal Taxation Bureau, the Guangdong Provincial Taxation Bureau, and the Inner Mongolia Autonomous Region Taxation Bureau simultaneously issue an "Announcement" on November 30 to launch a pilot program for all-electric invoices?
In March 2021, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued the "Opinions on Further Deepening the Reform of Tax Collection and Administration", "Strive to build a tax collection and administration system with the core of serving taxpayers and payers, with the reform of electronic invoices as a breakthrough, and with tax big data as the driving force." "Smart taxation with high integration functions, high security performance, and high application efficiency" as the guiding ideology, and also requires "(5) Steady implementation of electronic invoice reform. A national unified electronic invoice service platform will be built in 2021 to provide taxpayers with free 24-hour online services Provide electronic invoice application, issuance, delivery, inspection and other services." All-electric invoices are an important part of the national tax work in the 14th Five-Year Plan, and are also the implementation of the "Opinions on Further Deepening the Reform of Tax Collection and Administration" in 2021 job requirements.
△"Opinions on Further Deepening the Reform of Tax Collection and Administration" 14th Five-Year Plan:
-2025-
Basically realize the electronicization of all areas, links and elements of invoices, and strive to reduce institutional transaction costs;
Continue to expand the scope of nationwide handling of tax-related and fee-related matters for enterprises operating across provinces, and basically achieve nationwide handling by 2025;
Achieve deep integration, efficient linkage, and comprehensive upgrade of tax law enforcement, services, supervision, and big data intelligent applications;
-2023-
Deeply promote the automatic analysis and management of taxpayer payer behavior;
Change the traditional declaration model with forms as the carrier, and basically realize the automatic extraction of data by the information system, automatic calculation of tax amounts, and automatic pre-filled declarations in 2023;
-2022-
Build a unified and standardized electronic tax bureau across the country, and continue to expand "contactless" and "face-to-face" tax payment services;
Simplify the procedures for cross-provincial relocation of corporate tax-related and fee-related matters, and basically achieve the common recognition of qualifications in different places by 2022;
-2021-
Build a unified national electronic invoice service platform to provide taxpayers with electronic invoice application, issuance, delivery, inspection and other services free of charge 24 hours a day online;
Formulate and issue national standards for electronic invoices, and promote the electronic invoices in railway, civil aviation and other fields in an orderly manner;
Question 2: What are the differences and advantages of all-electric invoices compared to paper VAT invoices (specialized and general) and electronic VAT invoices (specialized and general)?
Question 3: All-electric invoices will be formatted. What will that look like?
Starting in 1994, paper VAT invoices were filled in manually; starting in 2005, VAT invoices were issued through the tax control system. The paper VAT invoices are still used today:
From 2016 to the present, compared with paper invoices, electronic VAT invoices in PDF format are different in medium. Electronic invoices are equipped with the signature mechanism of the Electronic Tax Bureau. At the same time, they do not support invalidation and can only be red-printed:
Since 2019, the VAT electronic invoices in OFD format have the same face style as those in PDF format. Compared with PDF electronic invoices, OFD electronic invoices are more secure and trustworthy, smaller in size and space-saving, and support domestic cryptographic algorithms. , format standards are independently formulated by China, and other advantages. At the same time, the special stamp for invoices is removed. OFD needs to be opened with a special reader:
Starting from December 2021, Shanghai, Guangdong Province, and Inner Mongolia Autonomous Region will pilot all-electric invoices. Compared with paper invoices and electronic invoices (PDF, OFD), the invoice collection process is simpler, invoice issuance is more convenient, and accounting and archiving are integrated. Advantages (see the interpretation of the "Announcement" for details):
Question 4: How do enterprises in the pilot stage apply for the issuance and receipt of all-electric invoices?
For the issuance and receipt of all-electric invoices, local tax authorities designate enterprises as the pilot scope. Designated enterprises do not need to apply. Applications from enterprises that are not included in the designated pilot scope will not be accepted. If an enterprise has been included in the pilot scope, it will receive a notice from the competent tax authority. At the same time, it can check the activation of relevant functional authorities on the electronic taxation bureau of the provincial state tax bureau.
Question 5: Does the electronic invoice service platform support integration with the enterprise's system to achieve automatic push of invoicing data and automatic synchronization of invoice data?
In the early stage of the pilot phase, the electronic tax bureau’s electronic invoice service platform does not support system integration with the enterprise’s business system. When all-electric invoices enter the comprehensive promotion stage, the electronic invoice service platform will provide corresponding interface standards to support integration with enterprise business systems.
Question 6: During the pilot phase, the enterprise has a large number of invoices. How to issue all-electricity invoices?
The electronic invoice service platform currently supports batch invoicing and sporadic invoicing.
Batch invoicing: After the invoicing staff maintains the invoicing data to the specified format template of the electronic invoice service platform, they can upload the template file to the electronic invoice service platform for batch issuance of all-electric invoices;
Sporadic invoicing: Invoicing personnel log in to the electronic invoice service platform or tax APP to issue all-electric invoices.
Question 7: What impact will the "credit system" invoicing quota for all-electricity invoices have on enterprises?
Tax authorities will dynamically adjust corporate invoicing amounts based on factors such as taxpayer risk ratings and tax credit levels; companies will face greater tax compliance and risk control challenges.
The arrival of all-electric invoices will bring us new changes in invoice management. Let us optimize business processes, improve business efficiency, accelerate financial transformation through lean, intelligent, and systematic thinking, and enjoy the benefits that the country has brought to us. Digital fiscal and tax dividends.
In the field of all-electric invoices, there is an urgent need for an electronic accounting file management platform that can identify all-electric invoices to solve the problem. Our iBox intelligent electronic accounting file management platform is a good choice.
When the company's financial department receives various types of invoices from different sources, iBox uses RPA to classify and collect the invoices to verify the authenticity and plagiarism of the invoices. If the invoices have consecutive numbers, there will be a warning reminder for the duplicate numbers. By taking photos or high-definition scanning, OCR technology is used to realize the structured transformation of paper invoices and form electronic copies. After collecting various types of invoices, enter iBox to implement operation management such as invoice query or image data calling, and all functions of iBox are applicable to all types of invoices (paper invoices, electronic invoices, all-electric invoices) .
In response to the new challenges faced by enterprises in electronic invoice archiving, enterprises should establish and improve electronic accounting voucher management systems such as electronic invoices as soon as possible, and actively promote the "single-track electronic archiving system." Do a good job and comply with the policy compliance requirements such as Finance and Accounting [2020] No. 6, change the practice of only using electronic invoice printouts as the only basis for accounting, establish a complete electronic accounting data management system, and build electronic accounting file management systems and other tools , Properly keep the original electronic accounting data. At the same time, the advancement of electronic invoices and electronic accounting files has also brought new opportunities to the digital development of enterprises. Enterprises should take the new policy as an opportunity to actively promote paperless accounting files, significantly reduce costs such as consumables and warehousing, and make accounting work more economical and environmentally friendly; they should aim at a single-track electronic filing system to reconstruct and optimize the accounting file management process , significantly reduce labor costs and achieve the goal of cost reduction and efficiency improvement.