In terms of volume, cash payments at the point of sale have decreased recently. Throughout the pandemic, this drop accelerated. 59% of transactions in 2022 were made in cash. Cash transactions made up 79% of all transactions in 2016, compared to 72% three years earlier. Cash, however, continued to be the most popular payment option at POSs in the euro region. For the first time, in 2022, when POS... Read more

While we wait for the final text of the draft of the VAT in the Digital Age (ViDA) Directive, we can say that there are some certainties regarding the scope of the Directive, and the proposed scope is, as follows. EU Digital Reporting Requirements (DRR) were introduced for intra-EU transactions; Recapitulative statements have been removed. DRRs are to be mandatory or optional for domestic... Read more

The draft VAT in the Digital Age" (ViDA) Directive should have been adopted on November 16, 2022, but unfortunately the adoption was rescheduled for December 7, 2022. More details on what it brings are as follows. While for more specific information we would need the adoption of the text of ViDA, there are some insights it could bring: Digital Reporting Requirements (DRR)—Introduction o... Read more

What is the "receipt void" message that is sent for confirmation? The receipt is voided by issuing a new receipt with negative amounts. The message with information about the receipt, with which the previously issued receipt is voided, contains information about the original receipt that is being canceled, including the number and the date and time of the original receipt The message with infor... Read more

Subsequent direct changes to the content of the receipt, without prior voiding of the original receipt and issuance of a new one, are only possible in exceptional cases, when this is permitted by accounting and tax regulations. Before making such a change to the receipt, it is necessary to first determine for each specific case whether such a change is permissible. As a rule, these are cases where... Read more

Do you know if the credit and debit notes with the issued receipt represent a subsequent change to the original receipt? Read more