Fiscal subject related
Content
As a short reminder, the transaction will be initiated by the cash register for retail transactions, and the operator (cashier) will select "card payment," and the cash register will send the relevant request to the POS card payment system (EFT). The system will then confirm to the tax mechanism (cash register) the receipt of the request and put it on hold for the result, after the EFT will have connected to the bank or corresponding payment service and received the result, i.e., whether or not to approve the card transaction. Along with the approval, the system will also send the basic details of the transaction (such as the transaction number, approval code, etc.), as well as data for printing the receipt from the electronic fiscal mechanism, which will confirm the receipt of the final result.
A temporary failure of the cash register or EFT device is declared on the "eSend" digital platform, which will give the command to activate the possibility of entering the payment amount in the case of debit transactions. Activation of such an EFT keying feature due to an infrastructure failure of the cash register to enter a payment amount in the case of card (debit only) transactions has a usually defined duration of 12 hours and is allowed a maximum of once every three months.
For businesses operating in villages with a population of up to 500 inhabitants and islands with fewer than 3,100 inhabitants, the release of the EFT POS keyboard has a maximum duration of 5 days, unless it is a tourist location, in which case the regular deadlines are applicable.
Other news from Greece
Inspections in by AADE have started – what types of businesses do they affect in Greece?
Since last week, AADE has already been carrying out audits on businesses with a turnover of more than €1 million. euros that did not proceed with the interconnection of POS (EFT) with their cash registers, nor scheduled an appointment within April. It is noted that in the context of these inspections, the first 5 fines of € 10,000 and € 20,000 have already been launched. Within the next few days... Read more
Greece's Tax Code Update: Digital Reporting Frees Certain Businesses from the Burden of Paper Administration
Greece's digitalization initiative is paving the way for a more efficient and transparent tax system, liberating small businesses from the burdens of traditional bookkeeping. Under the so-called reducing bureaucracy with the new Tax Procedure Code initiative, the Press Office of the Ministry of National Economy and Finance announced a press release with certain tax changes to the mentioned Tax Pro... Read more
In Greece, myAADEapp is the new application for direct and easy access to digital services from a mobile device.
The myAADEapp, a new innovative application of the Independent Authority of Public Revenue for mobile devices, was presented to the public by the Governor of AADE. MyAADEapp offers AADE's digital services to citizens and businesses at any time, wherever they are, through their mobile phones, also acting as a tax agenda, informing them about their tax obligations, and allowing them to download and... Read more
Deadline extension for Greek businesses to adopt upgraded solutions until late March
The Greek government has extended the deadline for businesses to declare their transition to the new, optional, all-in-one POS solutions to March 29, 2024. Further information is outlined below. It is noted by an AADE Press release that the deadline is postponed until March 29, 2024, for those businesses wishing to declare to the POS Registry that they are going to replace their cash register wit... Read more
AADE: The Greek platform for registering appointments for the cashier-POS interconnection is in operation.
On Friday, March 15, 2024, by the decision of the Governor of AADE, George Pitsilis, the Register of Technical Support Services was put into operation. FIM installation and support technicians should register on this platform for the scheduled appointments with businesses that are obliged to interconnect their cash systems with POS. The deadline for the declaration of scheduled appointments that... Read more
The last extension of the POS-cash register interface in Greece
The following announcement was issued by the Press Office of the Ministry of National Economy and Finance. The extension for 1+1 month was decided by the leadership of the Ministry of National Economy and Finance and AADE to complete without technical problems the major project of interconnecting POS with cash registers. Read more
The 3 most frequently asked questions about card payment instruments and obligations for interconnection in Greece
The most frequently asked questions regarding the new obligation to use and connect POS card payment terminals in Greece are questions such as: Which entities are obliged to accept payment card payment instruments (use of POS-EFT) and instant payment services from account to account (e.g., IRIS payments)? More questions and answers are as follows. Which entities are obliged to accept payment ca... Read more