CURRENT RESULTS OF TAX FRAUD PREVENTION WITH THE EKASA AND VAT CONTROL REPORTING SYSTEMS
THE OBVIOUS NEXT STEP
eINVOICE WILL ELIMINATE THE FOLLOWING ISSUES
- INVOICE RELATED TAX FRAUDS
- FAKE INVOICES
- UNPROCESSED INVOICES
- ACCOUNTING ADMINISTRATIVE BURDEN
- MANUAL MISTAKES
The goal of eInvoice is to create a digital copy of the invoice and load the data into the central database of the Tax Authority. A centralized information system and unique invoice identifiers will prevent VAT fraud when issuing invoices while increasing the effectiveness of tax inspections. The issuance of a new invoice will record a digital copy of the invoice into the information system of the Tax Authority, which will generate a unique identifier for each invoice issued. The business entity issuing the invoice will be able to obtain the identifier by using the services of the Tax Authority portal or through a software module integrated into the economic software of choice.
The assigned identifier will be clearly indicated on the invoice and will be represented by an alphanumeric string or QR code. After typing the unique identifier or by scanning the QR code into the system, it will bring up the digital copy of the invoice stored in the central database and verify its details, contents and the ID number of the entity that issued the invoice, preventing any modifications. This service will be publicly available on the Tax Authority website. Business entities will also indicate the assigned unique invoice identifier when submitting the VAT control report. For the needs of small businesses, the system will include several functionalities such as the invoice issuing module and recording of issued and received invoices by which we’ll complement the functionality of the Virtual Cash Register system.
Allexis, s.r.o. as the supplier of the eKasa system is experienced in monitoring transactions and can guarantee fast and efficient implementation of the eInvoice system.