In the general context of the digitalization of the fiscal authority and the objectives related to the increase of the VAT collection rate, at the end of July, Romania received the derogation from the common system of the European Union regarding the value added tax, which allows starting from 01.01.2024 Romania to establish mandatory electronic invoicing for all transactions between commercial companies (B2B type).
In the next period, the application details and implementation method regarding electronic invoicing through the RO-e-Invoice system will be established, as well as the date from which it becomes mandatory.
Last year in July, the RO-e-Invoice system became mandatory for B2G and B2B relations with the state for certain products considered with fiscal risk.
BITSoftware has made the Socrate e-Invoice service available to its customers since 2022 so that entrepreneurs can benefit from the simplification of commercial relations, transparency and greater trust in business partners. The Socrate e-Invoice service offers the registration of invoices at ANAF in electronic format, in accordance with the legislation in force.
What functionalities does Socrate e-Invoice offer?
The Socrate e-invoice service from BITSoftware offers the following functionalities:
- secure access and management of operation authentication with the ANAF service
- conversion to XML format with its validation
- sending invoices to ANAF in electronic format
- downloading from ANAF the received electronic invoices, as well as the messages related to them.
- storage of electronic invoices
All invoices sent or received are considered communicated from the date of their validation at ANAF RO e-Invoice, when the electronic signature (electronic seal) of the MFP (Ministry of Public Finance) is also applied to them.
Find more information at https://www.bitsoftware.eu/en/socrate-e-invoice/, where you can request a presentation or a price quote.
