E-Invoice system description and goals

Business operations have become heavily dependent on digital solutions to facilitate and speed up operations, and the most prominent of these solutions are electronic invoices.

In this article, we will explore the explanation of the electronic invoice and its importance, in addition to its goals in facilitating buying and selling operations.

An electronic invoice (e-invoice) is a financial document issued and received by accounting programs or ERP programs. It contains details of the commercial transaction such as the goods or services sold, prices, taxes, and method of payment. It is characterized by an electronic signature, which proves the validity of its arrival and credibility.

1. Improving the efficiency of operations: by reducing human errors and increasing the speed of completing business operations.
2. Cost saving: Reduce printing and postage costs associated with traditional invoices.
3. Enhancing security: using electronic signature and security technologies to secure data and verify the authenticity of invoices.

you can get an electronic signature from 4 companies:

1- Egypt Trust

2-MCDR

3- Fixed Misr

4- El-Delta

Their contacts can be found at: https://www.eta.gov.eg/sites/default/files/2022-08/E-SIGN-AD.pdf

4. Ease of tracking and monitoring: The ability to follow up on electronic invoices directly and continuously without the need to search through paper documents.

The electronic invoice system aims to help both the taxpayer and the Egyptian Tax Authority (ETA) achieve their goals easier, faster, and more securely through:

• Simplifying accounting processes: Creating an electronic invoice will directly contribute to reducing the complexities associated with preparing and following up on traditional invoices.
• Increase transparency: Providing accurate and transparent details about business operations to concerned parties, which confirms the validity and integrity of invoices while documenting and confirming the data within the invoice.
• Improving customer experience: Provide a smooth and convenient purchasing process for customers by providing accurate and instant invoices.

The system also works to provide exceptional services such as remote training through a specialized platform, whether in the form of recorded video clips or interactive training, as well as technical support services 24 hours a day, 7 days a week, which ensures that the financier solves technical problems as quickly as possible.

To make sending these electronic invoices easier and avoid errors, you can use a special form in your inventory management application. To do this, you need to connect the business model with electronic invoices.

This will help you save time and simplify the process of submitting information to the Egyptian tax system

In order to start using a template for working with electronic invoices, you must do the following:

1- Register your Pulsar ERP system on the Egyptian Tax System (ETA) website.

2- Enable the special program “plugin”, which will help you sign the electronic invoice with an electronic signature. Turning on the "plugin" for sending an e-invoice is like turning on the light in a room.

3- Then connect the electronic signature in order to sign the electronic invoice, like adding your signature on paper, but in digital format.

And remember: When exchanging information with the Egyptian Tax System (ETA), always use an electronic signature and activate the “plugin”

Do you have any questions ? Feel free to contact our Pulsar team at a time that suits you through our support and communication channels

For more details about the importance of the electronic invoice (e-invoice) and its objectives, you can view the electronic invoice portal website from the following link: https://pos.eta.gov.eg/