Every Greek taxpayer is currently preparing for digital accounting and tax data disclosure by AADE E-books (Ηλεκτρονικά Βιβλία ΑΑΔΕ). There are various questions still remain unclear for many as the mandation date approaches. This blog post tries to answer as many as of them and help taxpayers stay compliant. You can find the answers to the questions such as:
- Who should use myDATA?
- What data must taxpayers report in Greece?
- How does tax compliance through myDATA work in Greece?
- What are the dates for the transmission of financial data through the myDATA platform?
- Penalties for noncompliance with the Greek myDATA EBooks and E-Invoice regulations
The mandatory reporting starts on 1 April 2021 for organizations which send electronic invoices from their ERP accounting systems or Greece Mydata SAP software. For characterization and accounting settlement documents there are different deadlines which depend on the nature of the documents. (sumission of payroll documents is monthly, for example)
The standardized documents mentioned above can be optionally sent from ERP software or manually entered on Mydata Portal, only for taxpayers who issue less than 50 invoices in previous accounting year.
SOURCE: SNI
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