Review of the data-export function of the invoicing software

Online data provision is mandatory from 1 July 2018 when using invoicing software.

One important precondition for successful online data provision is that the data-export function of the invoicing software works well and includes detailed data structure specified by the related legislation. (Our earlier article includes further details about data-export function.)

Based on our experience, problems can arise in case of using an accounting software which is not developed in Hungary due to either (i) the data-export function that was not created properly through programming or (ii) data structure and data content extracted from the invoicing system through data-export is incomplete. If the company fails to meet its data-provision obligation, it may be subject to a default penalty of up to HUF 500,000 (approx. EUR 1,600) per invoices imposed by the National Tax and Custom Administration.

Our professional team gladly provides assistance to review the invoicing software. During a review similarly to tax inspection, we perform the following tasks:

  • reviewing the existence of required documents in connection with the function of data-export
  • review of the continuity of sequential numbering
  • testing xml files in the given month
  • review the data-content of xml files and related invoices randomly chosen

At the end of the work we draw your attention to the existing insufficiencies and make suggestion in order to eliminate failures.

Should you need any further information regarding the above review or a fee quote, please do not hesitate to contact us.

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