Do invoices for sale of goods issue when payment of the invoiced amount is made in Vietnam?
Do invoices for sale of goods issue when payment of the invoiced amount is made in Vietnam? Is invoice number on the goods invoice made more than once in Vietnam?
Hello, my household deals in wholesale goods about ceramics, there are customers who order a large amount of goods, my side has already delivered it to the buyer but has not yet collected money. So now I can make an invoice or do I have to collect money to issue? Please advise.
1. Do invoices for sale of goods issue when payment of the invoiced amount is made in Vietnam?
Pursuant to Clause 1, Article 9 of Decree 123/2020/ND-CP stipulating invoicing time as follows:
1. Invoices for sale of goods (including the sale of state-owned property, property confiscated and put into state fund, and the sale of national reserve goods) shall be issued when the right to own or use goods is transferred to buys, whether the payment of the invoiced amount is made or not.
Thus, the invoicing time in Vietnam for the sale of goods is the time when right to own or use goods is transferred to buys, whether the payment of the invoiced amount is made or not. Therefore, when you have delivered the goods to the buyer, you can issue an invoice even if the payment have not been collected.
2. Is invoice number on the goods invoice made more than once in Vietnam?
According to Clause 3, Article 10 of Decree 123/2020/ND-CP, contents of invoices are as follows:
3. Invoice number
a) Invoice number is an ordinal number written on the invoice when it is issued by the seller. An invoice number consists of 8 digits, from 1 to 99 999 999, written in Arabic numerals, begins on January 01 or the first day on which the invoices are used and ends on December 31. Numbers of invoices of the same reference number and form number shall be issued in ascending order. Buyers of tax authority-ordered printed invoices may use the invoice numbers pre-printed on such invoices.
If a business entity has multiple points of sale or multiple establishments using the same type of e-invoices of the same reference number by adopting the random access method from an e-invoicing system, invoices shall be issued in ascending order from the date on which the digital or electronic signature is added to the invoice.
b) If the aforementioned rules are not followed, the electronic invoicing system shall ensure that the numbers are generated in chronological order, every invoice number is unique and has no more than 8 digits.
According to this Article, the invoice number may not be made many times but only once. Numbers of invoices of the same reference number and form number shall be issued in ascending order in Vietnam.
Best Regards!
