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Difference and Rules for Issuing Invoices and Receipts: Learn the Basics

  • Faktura and paragon are two commonly encountered documents that confirm purchases and transactions.
  • Faktura is a document that confirms an agreement between a seller and a buyer, containing detailed information about the transaction.
  • Paragon, also known as a transaction confirmation, is a simplified fiscal document confirming the purchase of goods or services.
  • Faktura is mainly used in transactions between businesses (B2B) and international sales, while paragon is commonly used in transactions between businesses and retail customers (B2C).
  • Faktura should be sequentially numbered and include a unique identification number.
  • Paragon can be issued by any seller without the need for VAT registration.
  • Mistakenly issuing a paragon instead of a faktura or vice versa can have various tax and financial consequences.
  • It is important to understand the difference between faktura and paragon and to follow the rules and regulations associated with each document.

Source: eurofiscalis.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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