Issuing E-Invoices based on a specific format including a number of additional elements in the E-Invoice XML file (such as UUID, hash, cryptographic stamp, etc.) which will be rolled out as part of the integration phase in addition to some other elements to be visible on the printed copy of the E-Invoice.
#WAVES INVOICING SOFTWARE#
Linking the billing systems of taxpayers with that of the ZATCA system Wave Accounting Software Linked accounts Income & expense tracking Customized invoicing Receipt scanning and capture Bill & invoice reminders Visual.The second group of taxpayers (wave 2) who have a taxable revenue of SAR 500 million and above for calendar year 2021 are required to comply with the integration phase requirement by 1 July 2023 as per the latest announcement by ZATCA.Īs a quick reminder, the integration phase of E-Invoicing entails certain additional requirements from the generation phase, the most prominent of which are: It helps to know how much is owed and tells you when bills are overdue.
#WAVES INVOICING FULL#
#WAVES INVOICING PROFESSIONAL#
Create your free account Stop chasing clients around Send professional invoices Get paid fast via credit card Let Wave send overdue reminders Create invoices quickly Every invoice paid means more revenue coming into your small business. With Wave accounting, you can easily connect to the invoicing platform, which has advanced features like recurring billing and automatic payments. The E-Invoicing regime is a by-product and example of the economic renaissance and digital transformation that KSA is witnessing and is a continuation of a success story that began with the first phase of the application of E-Invoicing.Į-Invoicing has been rolled out in 2 phases by ZATCA in KSA: Wave’s invoicing software saves you time, gets you paid, and makes managing customer information stress-free.
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