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.
The content of the invoice includes the name, date, quantity and agreed price of the product or service provided to the purchaser. Each invoice has a unique running number to prevent duplication or skipping of invoices.
Types of invoices
Ordinary invoices and VAT invoices.
Ordinary invoice: It is mainly used by business taxpayers and small-scale VAT taxpayers, and general VAT taxpayers can also use ordinary invoices if they cannot issue special invoices. Ordinary invoice consists of industry invoice and special invoice. The former is applicable to a certain industry and business, such as uniform invoice for commercial retailing, uniform invoice for commercial wholesaling, uniform invoice for product sales of industrial enterprises, etc.; the latter is only applicable to a certain business item, such as invoice for settlement of advertisement expenses, invoice for sales of commodity houses, etc.
Special VAT invoice is a product of the implementation of the new tax system in China. It is a kind of invoice set up by the state tax authorities according to the needs of VAT collection and management, and is exclusively used for the taxpayers to sell or provide VAT taxable items.
Special invoice has the connotation of ordinary invoice. At the same time, it also has a more special role than ordinary invoices. It is not only recorded sales of goods and value-added tax amount of financial income and expenditure vouchers. And it is the legal proof of the tax obligation of the seller and the input tax of the purchaser, and it is the legal proof of the purchaser to offset the tax, and it plays a key role in the calculation of value-added tax.
Contents of the invoice
The contents of the invoice generally include: the header, the track number, the number and purpose of the invoice, the name of the customer, the bank account number, the name of the commodity or business item, the unit of measurement, the quantity, the unit price, the amount, and the amount in upper and lower case, the person who handles the invoice, the seal of the unit, and the date of invoice, etc. The invoice can be used as a legal proof of tax obligation of the seller and input tax of the purchaser. The implementation of value-added tax units used by the value-added tax invoices should also have the tax type, tax rate, tax amount and other content.