Mandatory E-invoicing in the Philippines. Is Your Company Ready?Getting your business ready with a reliable document exchange solution,
relying on the Comarch e-invoicing platform.
The electronic invoicing system (EIS) simplified tax compliance, enforce a supporting infrastructure, streamline business processes, and maximize the usability of information while also increasing its digital literacy.
The Philippines requires issuing an electronic invoice to the recipient and reporting this invoice data to the tax authority (JSON format) through EIS (Electronic Invoicing System). EIS supports the transmission of official receipts, sales invoices, credit and debit notes, as well as further similar accounting documents. It is a web-based system that can be accessed through its URL.In total, the system consists of three portals:
Invoicing reports are sent to the government's central platform, the Continuous Transaction Control (CTC) invoice reporting and monitoring system,
Companies are obligated to send electronic invoices to the BIR in JSON format.
