Many of the Businesses already use e-invoicing but they don’t use the buzz word. Based on the internal survey, most of the micro, small and medium businesses use excel based invoices. This is already a digital invoice and not any more handwritten. If the template can be made compliant with the ZATCA norms, this can act as e-invoice for the first phase. But this may not be enough on a long run especially when going in for phase 2 in which the invoice transmissions and approval must happen by ZATCA. So, it is advisable to implement a simple e-invoicing software to stay compliant and avoid penalties.

In short, e-invoicing software needs are

• Create digital invoices
• Comply to standard with QR code
• Store and retrieve invoices anytime anywhere for auditing purposes
• Avoid manual errors in calculations
• Enable invoice transmission to ZATCA

To get a feel, you can try a free e- invoice software in the below link https://www.accqrate-ksa.com/free-invoice-software/

E-Invoicing software in Accqrate offers,

• Set up your numbering series
• Generate e-invoices in a 3 clicks – Customer, material, price
• Automatically embedded QR Code
• Generate tax invoices or simplified invoices
• Customize templates in few minutes with your logo or colour
• List of all invoice related tasks like payments, follow up, outstanding status
• Send the invoice to your customer in one click
• Embedded intelligence in the software will deduct errors and offers corrections
• Approve e-invoices and in one click send to ZATCA (GAZT)
• Define roles, access rights and permissions to your Team
• Automatic archiving in our Document Management for future references