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Comprehensive electronic invoicing advisory

Our experienced digital tax and IT experts can provide practical advice to help companies implement e-invoicing and review their e-invoicing process and associated archiving requirements.

Do you have any question?
Don't hesitate to contact us!

Matyas Budai

Manager, Tax services

Phone

The recent period has not only accelerated digitisation and automation in the life of businesses, but has also transformed business processes, the first step of which is the transition to electronic invoicing in whole or in part.  In order to establish good practice, in addition to the VAT Act, several other legal provisions must be taken into account, as the failure to comply with these poses a serious risk.  However, you no longer need to worry, with the help of our expert team, you can meet all the requirements.

Thinking of implementing electronic invoicing and archiving or auditing your existing solution?

We offer our services to all companies and entrepreneurs who:

  • Want to digitise their invoicing processes 
  • Wish to have a complete picture of e-invoicing and archiving requirements 
  • Need expert approval to finalise the implementation of an e-invoicing and archiving system or audit their existing processes
  • Would like to know their rights and obligations both as invoice issuers and recipients 
  • Would like assistance in developing internal policies 
  • Would like to be informed about the verification of the authentication of e-invoices
  • Would use their online invoice data reporting service for invoicing (xml = invoice)
  • Would like to archive their paper documents and supporting documents electronically
  • Are looking for a more cost-effective solution than electronic signatures for the electronic authentication of invoices
  • Are looking for a practical solution and assistance in implementing e-invoicing 

What does our e-invoicing and archiving consultancy cover?

  • Taking into account the Hungarian legislation and EU directives in force, we will describe the basic requirements for issuing e-invoices and archiving documents, the authentication solutions mentioned as examples by the tax authority and the ways of their verification.
  • In addition to the general e-invoicing options, we will present the e-invoicing possibilities offered by the online invoice data reporting service and the related requirements. 
  • Based on a sample invoice, a personalised xml file will be generated that qualifies as a completely valid invoice. 
  • We will examine the functionality of the system in use, its technical capabilities for e-invoicing and archiving, and provide specific advice on potential solution. We will present the latest e-invoicing solutions.
  • We will examine individual cases and related issues, review the authenticity of e-invoices and provide a professional perspective to help businesses run their business smoothly.  
  • We will prepare a summary which can be used as or as part of an internal policy, subject to prior agreement. 
  • If required, we submit a request for a position and assist in communication with the tax authority.  
  • We also assist in communication with developers.  

CONTACT OUR EXPERTS!

Why consult RSM experts?

Avoid the risk of fines: Few businesses have a comprehensive understanding of e-invoicing practices, the exact details of the regulation and the potential risks. This lack of knowledge, the use of outdated solutions and inadequate documentation and retention processes increase the risk of fines being imposed.  

We offer complex IT and tax expertise: Designing the process for a company to fulfil its invoicing obligations through the use of an online invoice data reporting service (xml = invoice) requires both IT and tax expertise.  Our tax and IT experts can also support you in the verification and generation methods of the hash codes generated during e-invoicing.


    If you have any question, please don't hesitate to contact our experts!

    Contact our expert directly or send us an offer request!

    Our professionals regularly publish specialist material