E-invoicing & Sales Reporting EIS pilot restarts with 2026 full launch
The Philippines Bureau of Internal Revenue (BIR) restarted its pilot for B2B e-invoicing. The testing period originally launched 1 July 2022 mandatory VAT e-invoicing for around 100 large taxpayers based on the Tax Reform for Acceleration and Inclusion Act (TRAIN) Act. But due to technical problems, ground to a halt by the start of 2024.
BIR issued a notice on 27 February that it plans to start including more businesses in a schedule to be announced later.
e-invoicing and near real-time reporting
The Philippines system come in two parts:
- Structured e-invoices, which in-scope businesses must issue to their customers. Invoices are created with a digital signature and transmitted to the authorities in JSON format. There is no requirement for a pre-clearance. Taxpayers may use EIS invoice accreditation and invoice transmission system; and
- Electronic Sales Reporting, 3-day listing of transactions being transmitted to the authorities; not a pre-clearance e-invoicing model. This may be done in either JSON or XML format.
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According to BIR, by using EIS, the taxpayers will be able to issue, in single or in bulk, their electronic invoices/receipts. They will also be able to issue correction documents to a previously issued e-invoice, such as debit memo, credit memo and other adjustment documents. Taxpayers will also be able to download the files to check the details of e-invoices and e-receipts.
The following categories of transactions are mandated to use e-invoice:
- e-commerce
- Large tax payers
- Exporters
EIS documents:
The system covers the following documents:
- Sales invoices
- Cash till receipts
- Credit and debit notes
- other similar accounting documents issued through the internet
E-invoicing will also directly support businesses:
- Simplify tax reporting
- Reduce expensive manual and paper-based invoice processes
- increase productivity on invoice issuance and its management
VAT determination for your e-invoicing?
VAT Calc’s in real-time global Calculator and Auditor services produce instant and accurate tax calculations for e-invoices such as the Philippines or general ERP and VAT filing purposes.
