Billing Control
Introduction
An invoice, purchase invoice or commercial invoice, is a commercial document that reflects all the information of a purchase and sale operation. The fundamental information that appears on an invoice must reflect the delivery of a product "Product (marketing)") or the provision of a service "Service (economy)"), together with the accrual date, in addition to indicating the amount to be paid in relation to stock, goods of a company for sale in the ordinary course of business, or for its transformation or incorporation into the production process, in addition to indicating the type of Value Added Tax (VAT) that must be applied.
The invoices have three copies and bear the letterhead of the company that sells, and legally according to the SII they are yellow, light blue and pink.
In addition, the invoice must include the information of the sender") and the recipient"), details of the products and services supplied, unit prices, total prices, discounts and taxes.
The invoice is considered the tax receipt for the delivery of a product or the provision of a service, which affects the issuing taxpayer (the seller) and the receiving taxpayer (the buyer). The invoice is the only tax receipt, which gives the recipient the right to deduct the tax (VAT). This does not apply to invoice replacement documents, receipts or tickets.
In some countries, the invoice has no legal value in court when demanding payment of a debt. In the claim for the amount of the payment order"), the invoice is the document preferably used as proof of the debt, although others such as the delivery note are also used.
In Europe, invoicing regulations are regulated by the VI Council Directive 77/388/EEC, which also defines taxes such as VAT (value added tax).
Without prejudice to the above, the DRAE understands the term "invoice" with the sole reference to the price. That is, adding the concept of taxes to the definition of invoice is not an element that in itself is part of the term "invoice."
Tax identification in the European Union regulates and standardizes the way companies are coded to facilitate tax control.