The invoice refers to all units and individuals in the purchase and sale of goods, provide or receive services and engage in other business activities, issued and collected business vouchers, is the original basis for accounting, but also audit authorities, tax authorities, an important basis for law enforcement checks. Receipts are only receipt and payment vouchers, invoices can only prove that the business occurred, can not prove whether the money received and paid.
Invoice refers to economic activities, issued by the seller to the buyer of the text, including the name of the product or service to the buyer, quality, agreed price. In addition to the advance payment, the invoice must have the elements of payment by the purchaser to the seller according to the agreed conditions, must contain the date and quantity, and is an important document for accounting accounts. The Chinese accounting system stipulates that a valid invoice for the purchase of a product or service is called a tax invoice. The vouchers for government departmental charges and levies are called differently for different periods and different charges and levies, but they are mostly referred to as administrative and utility charge receipts. For internal auditing and accounting purposes, each invoice must have a unique running number to prevent duplication or skipping of invoices.
The content of the invoice generally includes: the header, the word track number, the number and purpose of the joint, the name of the customer, the bank account number, the name of the commercial (product) or business project, the unit of measurement, the quantity, the unit price, the amount, as well as the amount of upper and lower case, the person in charge, the seal of the unit, and the date of invoicing, and so on. Value-added tax units used by the implementation of value-added tax invoices should also have the type of tax, tax rate, tax amount and other content.
Article 15 of the Measures for the Administration of Invoices of the People's Republic of China shall require units and individuals to purchase invoices and shall apply for invoice purchase procedures with the competent tax authorities by holding tax registration certificates, certificates of identity of the person in charge, and impressions of special invoice stamps made in accordance with the prescribed pattern of the competent tax authorities of the State Council. According to the business scope and scale of the purchasing units and individuals, the competent tax authorities shall confirm the types and quantities of invoices to be purchased as well as the manner of purchasing, and shall issue the invoice purchasing book within five working days.
When units and individuals purchase invoices, they should report the use of invoices in accordance with the provisions of the tax authorities, and the tax authorities should carry out inspections in accordance with the provisions.