What does it mean to issue financial electronic bills?

Refers to the use of computer and information network technology to issue, store, transmit and receive digital electronic certificate.

This kind of electronic bill is supervised by the financial department, and is suitable for state organs, institutions, social organizations and organizations with public management or public service functions to use when collecting government non-tax revenue or engaging in non-profit activities to collect property according to law. Traditional paper bills are gradually replaced by electronic bills. This digital way improves efficiency, reduces the use of paper documents, and better manages and monitors financial revenue and expenditure. Financial electronic bills have the same legal effect as paper bills, and are used as vouchers to prove transactions and revenues and expenditures.