Enterprises with electronic VAT receipts may face three major challenges

　　Economic Daily News-China Economic Net Beijing May 14th With the resumption of production and production, press the "fast forward button", the economic and social development of the epidemic baptism press the "restart button". 2020 is a crucial stage for China to promote high-quality economic and social development and build a well-off society in an all-round way. The complex international epidemic situation and the world economic situation have brought great challenges to the development of global enterprises. And challenges and opportunities coexist. Recently, in the field of taxation, the long-awaited electronic VAT invoices have finally entered a more substantial development stage.

　　Ren Rongfa, member of the Party Committee and deputy director of the State Administration of Taxation, said that starting on April 1, the trial scope of the optimized version of the public platform will be further expanded. Progress. On the basis of the pilot of the public service platform for electronic invoices in the early stage, Beijing, Shanghai, Chongqing, and Guangdong have also launched the optimized version of the public service platform for electronic invoices.

　　While excited by the company, they also began to question: once the special ticket electronically arrives, what impact will it have on the company?

　　For enterprises, what impact will the electronic pilot of special VAT invoices have on the financial management of the enterprise: how should the enterprise optimize the special invoice processing process to better achieve the offset? How should the enterprise complete the smooth upgrade of the existing system To improve the efficiency of fiscal and tax treatment ...

　　Baiwang Cloud Research Institute believes that the challenge of the current electronic VAT invoices to enterprises is mainly reflected in the following three aspects.

　　Should the device be updated?

　　Careful finances should be noted. In 2019, the electronic invoice public platform will be launched on a trial basis. The invoices issued by the pilot units will be of OFD format. The new version of electronic invoice is shown below. From the appearance, what is perceptible is that there is one less chapter in the lower right corner. But where it is not visible, there is an additional "electronic seal", which increases the authenticity, uniqueness and security of the invoice.

　　The question is, is this a future trend? According to Article 21 of the "Opinions on Carrying out the" Convenience of Private Taxation Spring Breeze Action in 2020 "" Shuizongfa [2020] No.11, on the basis of the first trial in some areas, the new taxpayer will be issued free UKey tax. UKey can also issue electronic invoices in OFD format.

　　For enterprises, do they need to replace equipment to match the requirements for issuing OFD format electronic invoices? Is the first question.

　　Do you want to change the process?

　　After popularization in recent years, it is not difficult for companies to issue electronic invoices themselves, especially in e-commerce, telecommunications, financial insurance, express delivery, public utilities and other fields, which have been rapidly promoted. The value of VAT general electronic invoice issuance has increased significantly, and enterprises have enjoyed The benefits of invoice digitization.

　　The problem is the subsequent printing and reporting process. Because the overall financial process of the company is designed based on paper invoices, and the special invoices can still only use paper invoices, the electronic invoices still use the printing and reporting method, which partially offsets the electronic invoices. Advantage.

　　For enterprises, there are a few doubts: If the electronic invoice is used in OFD format, can the original system of the enterprise read the special ticket information? If the process transformation is required, is it like verifying and deducting the corresponding data after scanning and obtaining the imaged data, as is the case with ordinary electronic invoices, or is it to update the process comprehensively and directly call the electronic information of the special ticket and complete the corresponding process?

　　The latest policy shows that “the electronic data of VAT input vouchers is open, allowing taxpayers to inquire and download the electronic data of special VAT invoices and ordinary VAT invoices obtained by the enterprise, which is convenient for taxpayers to check deductions, tax declarations, Financial accounting, etc. ".

　　Enterprises can obtain corresponding information by themselves, but how to complete the process of embedding and transformation is still a mystery.

　　Should the system be rebuilt or upgraded?

　　In fact, from the perspective of simple invoicing and reimbursement, the difference between paper invoices and electronic invoices does not seem to be much to the enterprise, but behind the invoice flow is the entire link process of the enterprise's business, finance and tax, and upstream and downstream collaboration There are huge differences in the efficiency and cost, and even the functions of finance and taxation personnel.

　　Electronic ticketing will bring the most obvious change to the enterprise, which is reflected in the rise and fall, that is, the rapid increase in the efficiency of invoice information transmission and the sharp decline in the cost of invoice information transmission, and the jamming of automated paper ticket business, finance, and tax links The effect will cease to exist.

　　But to achieve this effect, the most important question for enterprises is: What should I do with my system? Can I upgrade on the original system, or do I need to rebuild it completely according to the specifications of the new electronic invoicing platform? In addition to self-building by enterprises, can we also cooperate with third-party organizations to co-build or achieve relevant business needs through cloud services?

　　As a practitioner and leader in the field of "Internet + finance and taxation", Baiwangyun has also been concerned about the progress of VAT invoices.

　　Last year, when the policy began to officially promote the digitalization of special VAT invoices, Baiwangyun held internal sharing salons with large central enterprises such as China Communications Construction, Beijing Urban Construction, China Railway Construction Group, China Development and Investment Corporation, China Southern Airlines, etc. Under the general background, how do central enterprises build interconnected and innovative digital invoice development paths for enterprises, and discuss how enterprises should respond after the VAT invoices are digitized.

　　Since this year, with the continuous progress of the policy process, Baiwang Cloud is also constantly updating its products. Around the new format of electronic invoices, special technologies such as OFD format, electronic seals, and digital certificates have been reserved to form products from hardware to software and invoices. To the complete product chain of a full set of SaaS services, it can fully meet the needs of the electronic upgrade of enterprise special VAT invoices.

　　2020 is the first year of electronic ticketing. This is similar to the entire field of finance and taxation. The leap from the traditional knotting era into the 5G era is not only a speed increase, but also an innovation in the entire thinking model. For companies interested in the electronic upgrade of special VAT invoices, early planning is required in order to respond quickly and enjoy the dividend of electronic special tickets when the policy is fully liberalized.