Both new and experienced entrepreneurs can agree that invoicing is one of the essential aspects of any business. In this sense, it is essential to stay up to date on these issues.
Whether you handle your own accounting (such as, for example, having a clear economic break-even point ), hire the services of an accountant or have software that automates this aspect of your company, these three keys detailed below can help you handle your business's billing:
Define what type of company you have and know the legal requirements that apply to your business, so that you can invoice according to the characteristics of your business.
Keep you up to date with the latest news from AFIP, SAT, DIAN and SII.
Analyze billing automation options to streamline your processes.
Before looking at each of these whatsapp filter key points, let's briefly review the concept of billing.
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Billing concept
Invoicing is the process of creating, recording and collecting payment for invoices issued after a transaction involving the sale of products or services. It is a legal requirement that contributes to the orderliness of your company and provides confidence to your customers and potential customers .
If you want to sell online in Argentina, you must issue the corresponding invoices, declare your expenses and income, and comply with the tax obligations dictated by the Federal Public Revenue Administration (AFIP).
On the other hand, if you want to sell online in Mexico and declare taxes, as well as issue invoices for your business, you will have to register with the Treasury, with the Tax Administration Service (SAT).
If you are in Colombia and wish to do the same work, you must know the requirements to do so at the National Tax and Customs Directorate (DIAN).
And if you have a business in Chile , you will have to complete the registration and registration procedure with the Internal Revenue Service (SII).
Now that you know the concept, let's look at some key points to keep in mind when invoicing your online sales.