Can an invoice with declared output tax be canceled?

Whether a business can cancel an electronic invoice that has declared output tax or not is a question of many accountants. 3 simple steps to cancel an erroneous invoice when tax has not been declared.

It can be seen that in recent years, the accounting industry has had some positive changes as accounting software has increasingly developed, along with the presence of electronic invoices . However, the acceptance of electronic invoices into businesses has caused a lot of disruption to the accounting department. Specifically:

New accountants without accounting experience

are prone to making mistakes.
Long-time accountants who are used to manual work find it difficult to accept new ways of working.
Therefore, in today’s article, MISA meIvoice cambodia telegram data  will address one of the typical questions of the accounting team about electronic invoices: ” Can businesses cancel electronic invoices after declaring
Practical example of having to cancel an output tax declared contract
Regulations on cancellation of contracts with declared output tax

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The most accurate way to cancel electronic invoices in 2021

Practical example of having to cancel more how to create  an output tax declared contract
On February 3, 2021, the accountant issued a sales invoice to the purchasing unit. It was not until April 2021 that the electronic invoice sold was found to have errors in tax declaration. So what should the accountant do to correct the invoice after declaring ba leads  the tax? Can the accountant cancel the erroneous invoice and issue a new invoice?

Regulations on cancellation of contracts with declared output tax

According to Clause 1,2 of Article 9 of Circular 32/2011/TT-BTC, there are specific regulations on the cancellation – deletion of electronic invoices :

“1. In case an electronic invoice has been created and sent to the buyer but the goods have not been delivered or services have not been provided, or an electronic invoice has been created and sent to the buyer, and the seller and buyer have not declared taxes, if it is discovered that the electronic invoice is incorrect, it can only be canceled with the consent and confirmation of the seller and the buyer. The

cancellation of the electronic invoice is effective

within the time limit agreed upon by the parties involved. Canceled electronic invoices must be stored for the reference of competent state agencies.

In case the invoice has been created and sent to the buyer, the goods have been delivered, the services have been provided, the seller and the buyer have declared taxes, and then errors are discovered, the seller and the buyer must create a written agreement with the digital signatures of both parties clearly stating the errors, and at the same time the seller creates an electronic invoice to correct the errors.

 

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