E-Invoicing in the Philippines

Electronic invoicing in the Philippines is based on a clearance model, which ensures strict reporting requirements and transparency. Electronic invoices are processed via the Electronic Invoicing System (EIS) to the recipients, while the underlying invoice data is sent directly to the tax authorities Bureau of Internal Revenue (BIR) In addition to invoices, other accounting documents such as credit notes, debit notes and receipts can also be transmitted via the EIS. Overall, the system contributes to the digitization and better traceability of business processes, which significantly increases the efficiency and meaningfulness of digital information.

schedule

2018: Adoption of the TRAIN Act (Tax Reform for Acceleration and Inclusion).

2021: Development of the Electronic Invoicing System (EIS) and pilot phase.

2022: Start of the mandatory introduction for large companies (Large Taxpayer Service (LTS)) in the B2B and B2G sectors.

2026: Introduction of mandatory e-invoicing for electronic commerce (e-commerce),
Large taxpayers, computerized accounting systems (CAS) and computerized accounting books (CBA).

applicability

E-invoices primarily cover Business-to-Government (B2G) and Business to Business (B2B) transactions.

format

JSON or XML-Format. 

Electronic signature

Electronic signatures are mandatory (RTIR pilot).

Archiving

E-invoices must 10 years long be archived.

For more information on electronic invoicing in the Philippines:

https://eis.bir.gov.ph/#/main

e invoice 2

GOpus® eInvoice

Our GOpus® eInvoice The solution integrates with SAP ERP and SAP S/4HANA and supports the creation of outgoing e-invoices in all international country formats. This allows you to create and send all your invoice content between different international invoice issuers and recipients directly from your SAP system, and to archive all invoice documents with comprehensive monitoring. Integration with the SAP modules SD, FI, MM, RE/FX, IS-H, IS-U, and SAP Service Billing is possible. Further integrations are available upon request.

More information about GOpus® eInvoice, can be found here ->

Do you have further questions about our solution or would you like to gain more detailed information about the e-invoicing regulations in the Philippines?

We will be happy to personally assist you with any further questions you may have about our solution and the regulations.

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