Intro
The decision to implement E-invoicing in Jordan is no longer news after The Income and Sales Tax Department’s announcement of the National E-invoicing System. Although Jordan is still taking its first steps toward E-invoicing, this paradigm shift will ultimately entail all organizations and businesses in the Kingdom in a future that isn’t too far to see. The Income and Sales Tax Department is calling all organizations mandated to comply with the National E-invoicing System to do it fast, regardless of the organization’s size, niche, or sector to ensure adherence to the E-invoicing regulations.
What Pushes The Income and Sales Tax Department To Call For Registration Again?
These calls aim to encourage organizations and business owners to facilitate the way their invoices are managed as well as connect them with tax authorities electronically, eliminating the need for papers and in-person visits to get tasks done. On the contrary, registering for the National E-invoicing System qualifies participants to benefit from other features that are not available in traditional invoicing which won’t be approved by The Income and Sales Tax Department in the near future.
E-invoicing plays an essential role in speeding up the process by which transactions are carried out, clearances are requested, invoice data is reciprocated between organizations and the ISTD auditors, as well as increasing efficiency in managing finances.
How To Integrate With The Income and Sales Tax Department?
Registering for the national E-invoicing system doesn’t take much, and organizations have multiple options to do that.
– Registering for the National E-invoicing System for free without any charges.
– Integrating the accounting system or any internal system in the organization with ISTD if the organization doesn’t wish to change the system they have implemented.
– Getting an E-invoicing system that complies with tax regulations such as InvoiceQ.
As a Jordanian E-invoicing solution provider, we understand better than anyone what organizations in Jordan need and the latest tax updates shared by The Income and Sales Tax Department, thus, making the necessary changes. Furthermore, InvoiceQ’s system is not restricted to managing invoices alone. It also helps you manage things like procurement, inventory, inward invoices, and outward invoices through the different modules it offers. Organizations can use all or some of these modules as per their organizational needs.
InvoiceQ’s E-Invoicing System
Integration
InvoiceQ empowers organizations with various options that include integration solutions or getting the system to benefit from the advanced features it offers. Essentially, this means we can support your integration with ISTD if you don’t have a technical team to handle it.
InvoiceQ’s E-Invoicing Portal
What if the organization doesn’t have an E-invoicing or an internal system in the first place? What to do? Simple, such organizations can get an E-invoicing system that adheres to ISTD’s regulations to avoid penalties. Choosing InvoiceQ’s system in this case is the perfect choice to make because our system is qualified by ISTD, therefore, you won’t have to worry about compliance issues.
In A Nutshell,
Registering for The National E-Invoicing system is a game-changer for all organizations, those mandated, and others who are yet to be because it enables them to have better management of their invoices through one portal designed with ease for tech-users and non-tech ones. We understand not everyone is tech-savvy! Integrate with The Income and Sales Tax Department today to avoid penalties and don’t forget that we’re here to give you full support in achieving that.
