Edi invoicing full#
Edi invoicing trial#
Edi invoicing series#

The amount payable, excluding VAT, expressed in any currency The quantity of the goods or the extent of the services If the supply cannot be broken down into countable elements, then the total tax-exclusive price will be the unit price.

Edi invoicing full#

Your name, address and VAT registration numberįor cross border supplies the registration number must be preceded by the letters ‘GB’.įor cross border supplies, you must show your customer’s VAT registration number if any, preceded by the country identifier.Ī description sufficient to identify the goods or services supplied and for each description the followingįor a supply of goods, you may use a code to identify products, provided one of our visiting officers can easily check the code against a full description at both your and your customer’s premises, for example, a catalogue.įor services, the countable element might be, for example, an hourly rate or a price for standard services. The invoice transmission date or the date you make the invoice available to your customers. you receive a payment before you either make the supply or issue the invoice This is the ‘tax point’ and is based on the date:

Edi invoicing series#

3.2 Information required on a tax invoice Information requiredĪ sequential number based on one or more series which uniquely identifies the document. You can find these in paragraph 16.16 of VAT and the single market (Notice 725). There are additional rules about the content of your invoices if you are making supplies to the EU. You can find general information about VAT invoices in section 16.3.1 of VAT guide (Notice 700). Contents of electronic invoices 3.1 Information electronic invoices must containĮlectronic invoices must contain the same information as paper invoices. If you have any questions about whether the electronic invoicing methods you have chosen comply with our requirements, you should contact VAT general enquiries. You do not need to tell HMRC that you’re intending to issue electronic invoices, but you must be satisfied that your system for issuing, receiving and storing electronic invoices complies with our requirements as explained in this notice. 2.5 Telling HMRC that you’re intending to issue invoices electronically If you have a specific business need to run a dual system, you should contact VAT general enquiries who’ll look at the information you provide and decide whether an exception can be made in your case. The electronic invoice then becomes the legal document for VAT purposes.

Edi invoicing trial#

Once the trial is over, you must stop running the dual system. You may only do this if you are running a controlled trial of electronic invoicing systems. If you issued electronic and paper invoices for the same supplies, or to the same customers, you would be running a dual system. 2.4 Paper and electronic VAT invoicing at the same time It’s up to you whether you issue paper or electronic VAT invoices. This list is not exhaustive, but it indicates some of the principal benefits. decreased reliance on paper reducing storage and handling costs.The rapid electronic transmission of documents in a secure environment may provide for: 2.2 The benefitsĮlectronic invoicing offers many advantages over traditional paper invoices.

The electronic format may be a structured format such as XML or an unstructured format such as PDF. Issuing electronic VAT invoices 2.1 Electronic invoicingĮlectronic invoicing is the transmission and storage of invoices in an electronic format without duplicate paper documents.

receive, or are intending to receive, VAT invoices in an electronic format from your suppliersĢ.

issue, or are intending to issue, your VAT sales invoices electronically.

This notice is about issuing, receiving and storing VAT invoices in an electronic format.