Management and Use of Invoices and Documents According to Which Principles?

Managing and using invoices and receipts according to which principles? (Illustrative image)

To be specific, Draft Decree stipulates on invoices and receipts that the issuance, management, and use of invoices and receipts must ensure several principles as follows:

- When deducting personal income tax, when collecting other amounts belonging to the state budget, the tax deduction organization, the collection organization of other amounts belonging to the state budget must issue receipts, hand them to the payer, and must fully record the contents as stipulated in Article 35 of this Decree.

- Before using invoices and receipts, enterprises, economic organizations, other organizations, households, and individual businesses must register their use with the tax authorities or notify the issuance as stipulated in this Decree, except for purchasing invoices printed by the tax authorities.

- Organizations and individuals, in the process of use, if they discover the loss of purchased invoices from the tax authority, the loss of pre-printed, self-printed receipts, whether issued or not issued, must report to the directly managing tax authority as stipulated in Article 31 and Article 42 of this Decree.

- The registration, management, and use of electronic invoices, electronic receipts must comply with the legal regulations on electronic transactions, accounting, tax, tax management, and regulations stated in this Decree.

- Invoice data when selling goods, providing services, receipt data when performing transactions: paying taxes, other collections belonging to the state budget is the database to serve the tax management work and provide invoice and receipt information to relevant organizations and individuals.

More details can be found in DraftDecree stipulating on invoices and receipts.

Thuy Tram

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