Reason
Why mandatory e-invoicing?
Short answer
The aim is to get billing data into a structured form so that they can be automatically processed, checked and archived. For companies it means less manual transcription and more emphasis on correct data. Transparency and reporting are also important for the state VAT.
Data
Less manual transcription
Systems work with the same fields instead of an invoice image.
Control
Validation before dispatch
Errors should be caught before they cause a complaint.
Audit
Visibility
XML, hash, statuses and reports give a better lead.
VAT
Digitisation
Structured data support control and reporting processes.
Conclusion
Mandatory e-invoicing to change the invoice from the image to controllable data.
Sources
- Law No. 222/2004 Z. z. o VAT, § 76a a § 85o
- Financial Administration of the Slovak Republic e-invoice FAQ
- EN 16931 a Peppol context
Not legal advice. Machine-translated answer, not yet manually reviewed. For the exact wording, see the Slovak original.