E-invoicing fundamentals
e-invoicing Terms for Saudi Arabia
E-invoicing
Issuing electronic invoices and notes in a structured format allows the exchange and processing of data between the buyer and the seller through an integrated electronic solution.
E-invoice
A tax invoice that is generated through an electronic invoicing solution. Converting a handwritten invoice into an electronic one through copying or scanning is prohibited and the resulting invoice is not considered an e-invoice.
Tax invoice
A tax invoice is an invoice that is normally issued from one business to another business and that contains all the details that are required in a tax invoice.
Simplified tax invoice
A simplified tax invoice is an invoice that is normally issued from a business to an end consumer and contains all the details that are required in a simplified tax invoice.
E-invoicing systems
Solutions used for the issuing of compliant electronic tax invoices. Such solutions could be online cash registers, virtual cash registers on tablets, e-invoicing software installed on a computer, phone, or tablet, or cloud-based software.
QR code
A matrix barcode that is machine-readable by a QR code scanner or by a smart device camera to enable validation of electronic invoices and notes.
If you receive a notification from ZATCA regarding the second phase of e-invoicing for your business? Contact us to help you set up your account.
If you receive a notification from ZATCA regarding the second phase of e-invoicing for your business? Contact us to help you set up your account.