- Fonoa has launched an e-invoicing solution in Turkey to help businesses comply with regulations and streamline invoicing processes.
- The solution offers features such as automatic document definition, invoice numbering and tracking, and e-archiving.
- It aims to save time and reduce errors in invoicing processes.
- Turkey introduced e-invoicing in 2012 and made it mandatory for some businesses in 2013.
- Taxpayers must issue invoices in a structured UBL 2.1 format and can issue two types of e-invoices: E-Fatura and E-Arsiv.
- Determining the type of invoice is important as they have different requirements and approval processes.
- Businesses must register for E-Fatura if their annual revenue exceeds a certain threshold or if they operate in specific sectors.
- Taxpayers must obtain digital signature certificates to register and start issuing electronic invoices.
- E-invoices must be stored for ten years, with original documents stored in Turkey.
- Fonoa offers a tailored and comprehensive e-invoicing solution in Turkey, helping businesses understand requirements and automate processes.
Source: fonoa.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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