details

Executive summary

Electronic Invoicing Application service in Turkey has started by the publication of Tax Procedural Law (Order No. 397) in March 5, 2010. The Presidency of Revenue Administration Office of Tax Authority regulates the e-invoicing system. Electronic Invoicing Application is a common name of the system which enables the circulation of e-invoices in accordance with standards in a safe environment between the parties.

Users benefit from e-billing application by:
- sending e-invoices,
- receiving e-invoices,
- downloading the e-invoices into their computer,
- presenting electronic media stored in their computer when requested.

Legal aspects

According to the Order 397 the Corporations and Limited Companies can benefit from the application. Therefore only B2B invoices are in the scope. Each tax payer must attend the e-invoicing application to create a user account. Users can access the system by integration their accounting system or via an Internet Portal

Integration
Those users with sufficient computing capacity can connect their own data processing (CRM, billing accounting) directly (server to server) to the central system and must use the determined standards of e-billing application.

e-Invoice Portal (e-Fatura Portal)
Those companies which do not have adequate infrastructure can access the system through a portal. Portal is web application which hosts and serves basic functions.
Once the accounts are activated the users will be able to log-on to the e-billing Portal and be able to send and receive e-invoices.

Financial Seal
Financial seals will be used in order to guarantee the integrity and source of invoices. This seal will be an electronic certificate issued by The Scientific and Technological Research Council of Turkey in coordination with the Presidency of Revenue Administration, Tax Authority.

Future
The mentioned order is the first step to e-invoicing in Turkey. Only B2B sector is open but B2C will probably come after and the market will evolve in the near future.. It is a great opportunity for corporations to save money.

Links related to e-invoicing in Turkey:
http://www.efatura.gov.tr/
http://mm.kamusm.gov.tr/