WHAT IS RTIR ?
The Real Time Invoice Reporting (RTIR) that The Hungarian Ministry for National Economy approved on January 17, 2018 will launch on July 1, 2018. The regulation includes invoices between domestic taxpayers with a VAT amount of at least 100,000 HUF (around € 320). Invoices issued to private individuals are out of the scope.
Invoices within the scope must be transmitted electronically to the HU-TA (Hungarian Tax Authority) system, which is the application of NTCA (National Tax and Customs Administration) within 24 hours.
Failure to properly fulfil requirements of the new regulation may result in penalties up to 500,000 HUF (around €1.600) per invoice.
With ERP integration, the invoice data is transferred to the HU TA system via web service with the XML structure of the form according to legal requirements. The HU TA system also provides status notification in XML format for each invoice sent.
HU TA system can return 3 types of status notification; Technical error, Semantic error and confirmation of acceptance of the invoice. Each returned notification is transferred to the ERP system.
RTIR XML CONTENT
Compulsory fields that must be in invoice are shown below.
- Technical Data (Exact Time, End Point Identified)
- Billing Software Data (Manufacturer’s name, Software name, Version number)
- Invoice type
- Genuine invoice detail
- Modification invoice detail
Additional information can be in invoice if the tax payers see fit to do.
Moreover, user system must support to send standard audit files (SAF) that includes the information below;
- General accounting, customers, suppliers and VAT
- Accounts Receivable
- Accounts payable
NETLE RTIR SOLUTION
With Netle Yazılım –Global e-Invoice infrastructure, invoice document and standard audit files which are congruent with RTIR requirements and legal mandatories can be prepared. Netle RTIR solution which is created with electronic invoice management tools or user interface by the scope of specific rules creates an invoice document automatically according to public institution. Netle RTIR solution completes the legal signing process of invoice documents (if necessary) and archives them within the boundaries of the European Union according to customer requirements.
Throughout the entire process, the Netle Tick Tock System (NTTS) support platform provides 24/7 support for questions / problems.