• E-Invoice

E-Invoice

 

E-Invoices Are Required to be Officially Applied in China

China's State Administration of Taxation (SAT) has issued an announcement on the promotion and application of e-invoices, which will officially promote the application of e-invoices nationwide from December 1, 2024 onwards.This marks the fact that e-invoice has become a mandatory tax-related matter for enterprises in China.As a result, enterprises must transform their internal tax-related affairs, tax-related processes and digital systems into digital tax processing centered on e-invoices.

 

XinTax  Comprehensive Solution for E-Invoices

BDO China digital team independently researched and developed an integrated platform of finance and tax,  which is fully compliant with China Taxation administration, can effectively deal with various pain points of finance and tax management, and bring enterprises a more convenient, more efficient and more intelligent digital finance and tax management experience.

 

▶ Management of Inward Invoice and Outward Invoice

The platform provides efficient and fine personal and enterprise invoice management, realizing the automation and intelligence of invoices in the collection, issuance, collection, reimbursement, payment, management and authentication processes.

Inward Invoice Management Advantages

  • Intelligent recognition of all types of e-invoices, automatic authenticity check and duplicate check, compliance check;
  • Integration with business systems, automatic checking and matching, generation of documents and vouchers;
  • Real-time monitoring of abnormal invoices to reduce the risk of collection;

Outward Invoice Management Advantages

  • Directly connected to the tax bureau "LE QI" interface invoicing, support for e-invoices;
  • Highly integrated with business systems, supporting one-click automated invoicing;
  • Invoicing rules engine customization, support for multi-terminal scanning code invoicing;

 

▶ Tax Risk Detection

Multi-dimensional data collection and comprehensive intelligent analysis, prompting potential tax issues and risks, helping enterprises to effectively control tax risks.

  • One-stop financial and tax risk detection, rapid insight into tax-related risk points;
  • Built-in unique property tax models for loss determination of risky incidents;
  • Nearly 100 tax-related risk points, generate risk reports with one click;
  • Provide a huge library of risk control rules to improve the risk management system;

 

▶ Integrated Solution for Finance and Tax

In addition to providing a digitally integrated all-electronic invoicing solution, XinTax also integrates budgeting, cost control, voucher automation,financial and tax analysis and electronic accounting filing.It helps enterprises digitally upgrade their financial and tax affairs.

 

 

 

 

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