Can KFC’s electronic invoice be issued with a cumulative amount?

KFC’s electronic invoices cannot be issued with cumulative amounts.

Electronic invoices

Issuing electronic invoices will significantly save enterprises’ costs on invoices and invoice printing costs, and does not include the indirect costs of enterprise invoice management. Moreover, the electronic invoice system can be integrated with the enterprise's internal ERP, CRM, SCS and other systems. The invoice data is fully electronic and centrally processed, which is helpful for the enterprise's own accounting processing and can provide timely decision-making support to enterprise operators.

Electronic invoices are more convenient for storage, inquiry, and retrieval, and also make it easier for e-commerce websites to provide consumers with more convenient services. Moreover, it can reduce the waste of resources caused by paper invoices, reduce deforestation, be more environmentally friendly, and conform to the future development of mankind.

The introduction of online invoices is an inevitable way for the country to standardize e-commerce tax payment. This is conducive to the country's supervision of online transactions and is also conducive to safeguarding the legitimate rights and interests of consumers.

Personal suggestion

All electronic invoices have very strict time limits. Generally speaking, the electronic invoice issued yesterday takes within one month, so tomorrow’s electronic invoice will also be within one month. Within the total amount, there is no such thing as the cumulative amount. I suggest that you must understand the relevant knowledge before issuing electronic invoices in your life. If there is an issuance error, you must report it to the relevant local department as soon as possible. Only in this way can you better reduce your losses. You must abide by the laws and regulations in your life to avoid tax evasion.

Invoice custody

It is necessary to establish rules and regulations; set up ledgers; and keep them regularly. The issued invoice stubs and the invoice registration book and account book should be kept for 5 years, and the report will be reported after the retention period. Destroyed after inspection by the state tax authorities. Special VAT invoices must be kept by a dedicated person; placed in a safe; a registration book for receipt, use and deposit shall be set up; the obtained invoice deduction coupon shall be bound into a book; the issued stub shall be kept for 5 years and shall be reported to the competent tax authority for inspection upon expiration. Destroy; without approval, blank invoices are not allowed to be carried, mailed, or transported across specified areas; blank invoices are prohibited from being carried, mailed, or transported into or out of the country.

When a taxpayer's special VAT invoice or ordinary invoice is lost or stolen, he should report it in writing to the competent tax authority on the same day, declare it invalid in newspapers, magazines, television and other media, and accept penalties from the tax authority. If a special value-added tax invoice is lost or stolen, the taxpayer should report it in writing to the state tax authorities on the day of the incident and publicly declare it invalid in the "China Tax News".