Logistics 3 min reading

What is E-Invoice?

An e-invoice is a legally valid invoice created, sent and stored electronically instead of on paper. In Türkiye, e-invoicing is administered by the Revenue Administration…

What is E-Invoice?

E-Invoiceis a legally valid invoice created, sent and stored electronically instead of on paper. In Türkiye, e-invoicing is administered and supervised by the Revenue Administration (GİB). Under the Tax Procedure Law and related regulations, e-invoices have the same legal status as paper invoices.

Features of E-Invoices:

  1. Prepared and Delivered Electronically:
    Invoices are prepared, sent and received digitally. They are transmitted between buyers and sellers directly or through the GİB portal.

  2. Legal and Financial Validity:
    An e-invoice is an official document, just like a paper invoice. It is prepared and retained in accordance with tax laws.

  3. Retention Requirement:
    E-invoices must be stored digitally for the legally prescribed period of 10 years.

  • Speed and Convenience:
  • Electronic delivery makes it a fast, reliable and environmentally friendly method.

Advantages:

  1. Cost Savings:
    1. Eliminates expenses such as paper, printing and postage.
  2. Fast and Easy Processing:
    1. Invoices are sent and received instantly, shortening processing times.
  3. Environmentally Friendly:
    1. Benefits the environment by reducing paper use.
  4. Easier Auditing:
    1. Audits are easier because all transactions are recorded digitally.
  5. Reduces Errors:
    1. Minimizes manual processing errors.

Mandatory E-Invoicing:

E-invoicing is mandatory in Türkiye under certain conditions. Companies exceeding the turnover thresholds set by GİB and businesses in certain sectors, such as fuel, tobacco products and e-commerce, must use e-invoices.

How Do You Use E-Invoicing?

Registering for E-Invoicing:
Apply through GİB's e-invoicing portal.

Choosing an Integration Method:

  1. Using the GİB Portal: Suitable for small businesses.
  2. Using a Private Integrator: Serves medium-sized and large businesses.
  3. Direct Integration: Preferred by companies handling large invoice volumes.

Using the System:
Invoices are prepared digitally, signed and delivered to recipients.

Conclusion:
E-invoicing is an environmentally friendly, reliable solution that simplifies financial and operational processes for modern businesses. Even if it is not mandatory for you, using e-invoices offers many advantages.

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