E-invoicing and VAT
Both phases, FATOORA integration, the VAT return, credit and debit notes
What you will find in this section
E-invoicing in Saudi Arabia in both phases, tax invoices versus simplified invoices, practical steps to integrate with the Fatoora platform, calculating VAT payable on the return, and the effect of credit and debit notes.
E-invoicing in Saudi Arabia: a guide to both phases for businesses
The difference between the Generation phase and the Integration phase, how to find your wave in Phase 2, and what you need to prepare before the deadline.
E-invoicing and VATTax invoice vs. simplified tax invoice: when to use each
A practical guide to telling the tax invoice and the simplified tax invoice apart, the difference between Clearance and Reporting, and the data each invoice needs.
E-invoicing and VATIntegrating with the FATOORA platform: practical steps
From generating the verification code in the FATOORA portal to obtaining the certificate, testing credit and debit notes, and handling rejected invoices.
E-invoicing and VATThe VAT return: how to calculate the VAT due
A simple explanation of the output VAT minus input VAT formula, with a numerical example of a quarterly return covering local sales, exports and imports.
E-invoicing and VATCredit and debit notes and their VAT impact
How to treat returns, later discounts and price differences for VAT, and how each note affects your return and your customer's return, with a worked example.