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Time for KSeF is running out and there is a lack of explanations

  • Experts are warning that there is little time left for the implementation of the mandatory KSeF system in Poland.
  • Businesses should start implementing procedures now, but there is still a lack of clarity on how to identify business customers and consumers for proper invoicing.
  • The Ministry of Finance needs to provide explanations and launch an informational campaign.
  • The obligation to use e-invoicing will come into effect on July 1, 2024, with small and medium-sized businesses exempt until January 1, 2025.
  • The challenge lies not only in providing the necessary IT tools for communication with KSeF but also in adapting internal processes and procedures, contracts, and agreements with contractors and accounting offices.
  • The Ministry of Finance should clarify issues that are still causing doubts for businesses, such as distinguishing between B2B and B2C transactions.
  • Many details and technical aspects are still unknown, and the lack of clear guidelines hinders the implementation process.
  • The Ministry of Finance has not yet launched a comprehensive informational campaign, causing delays.
  • Businesses should familiarize themselves with the new regulations, assess their current accounting systems, and identify areas that require changes and potential risks.
  • Finding solutions will require discussions and meetings with project teams and consultation with business areas and clients.

Source: prawo.pl

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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