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  • Online invoice data reporting

Online invoice data reporting

Pursuant to the regulations in force, in case invoices are issued with an invoicing program, it is obligatory, starting from 1 July 2018, to disclose data to NAV on invoices issued between domestic taxpayers that contain output VAT of at least HUF 100,000. The data must be reported electronically, without human intervention, online, in a pre-defined structure and immediately once the invoice has been issued.m

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BDO solutions

The companies have to start preparations in time to be able to comply with the disclosure obligations in accordance with the regulations and within the deadlines.

BDO offers a number of services to its Clients in connection with the online invoice data disclosure service:

1.    As part of our consulting service, we are happy to support our Clients in answering any IT and taxation questions that may arise during the introduction and/or migration;

2.    In the course of our due diligence service, we review our Client's data disclosure solution and processes, and identify any deficiencies and risks;

3.    Our VAToDo service offers a

·        fast

·        problem free

·        complete

·        turnkey

solution to our Clients in order to reduce their administrative burden after implementation and to provide data transfer with the help of a fully automated, secure system.

During the development of the product, our team paid special attention to the increased protection of data as well as to ensuring maximum compliance with the mandatory laws.

The system developed enables transparent and secure data disclosure.

 

Check out our brochure for more information:

       VAToDo

VAToDo is a proprietary customizable invoice processing software that provides full support to your business to meet its obligation to disclose online invoice information in real time.

 

Our colleagues are pleased to fully assist you and your business in your preparations.

 

BDO Tax Team

E-mail: [email protected]

Phone: +36 1 235 3010