An invoice is a document issued by a supplier (performer) for each delivery of goods (service rendered, work performed). It is on the basis of this document that a VAT deduction is made.
An invoice is a tax document. According to the Tax Code, namely article 169, this document can be issued both on paper and in electronic form. If you use the second option, then a copy with all signatures and stamps must also be present in paper form, since tax inspectors require this type of document when checking.
An invoice is required to record business transactions related to sales and purchase transactions, the provision of services. It is in this document that the amount of the transaction, the amount of VAT is indicated, it also contains information about the name of the subject of the contract, measuring instruments and the cost per unit of production.
Upon receipt of invoices, the accountant must reflect the operation in the accounting, register the invoice in the purchase book. If the product is sold to another person or a service is provided, the invoice issued is recorded in the sales ledger.
This tax document must be drawn up in accordance with the requirements of Russian legislation, that is, contain information about the supplier and the buyer, have a serial number and date of preparation, name and quantity of goods, price and value, tax rate and VAT amount. If an invoice is issued for a transaction with foreign companies, then the country of the manufacturer of the goods and the number of the customs declaration must be indicated.
Do business leaders always have to draw up an invoice? In the event that a person is exempt from paying value added tax, then he has the right not to issue this tax document. But even in the event that he exposes it to the address of the buyer, there will be nothing terrible. Only in the column "VAT rate" should be indicated: "Without VAT", and not "0%".
