Both new and experienced entrepreneurs can agree on this Billing is one of the essential aspects of all shops. With that in mind, it’s important to keep up to date on these topics.
Whether you do the bookkeeping yourself, hire the services of an accountant or have one software that automate this aspect of your business, these three keys, which we’ll detail below, can help you take care of your business’ billing:
- Define what type of business you have and know the legal requirements that correspond to your company so that you can invoice according to the characteristics of your company.
- keep up to date via AFIP messages.
- Analyze billing automation options to optimize your processes.
Before we look at each of these keys, let’s briefly address the concept of billing.
Reckoning is the Process of creating, registering and collecting invoices which are issued after a sales transaction of products or services has been carried out.
It is about one legal requirement which helps to organize your business and gives confidence to your customers and potential customers.
If you want sell online in Argentina You must issue the relevant invoices, declare your expenses and income and fulfill the tax obligations prescribed by the Federal Public Revenue Administration (FFA).
Now that you know the concept, let’s look at the keys to consider when running it Accounting for your online sales:
1. Determine what type of business you have and know the legal requirements
In order to know what type of invoice you have to issue and what tax aspects affect your company, you decide as a matter of priority Legal form that your company will have.
For example, you can create one Company with limited liability (SRL) or unipersonal society.
💡 In this article we explain in detail the types of companies that exist in Argentina.
After you make that decision, it’s up to you Define whether you will be a monotributista or a registered controller.
In general we can say that the first case (monotax) refers to the simplified scheme offered by the AFIP to small taxpayers pay a fixed amount monthly without having to pay any taxes.
For his part The registered responsible person is included in the general regulation and you must pay each of the taxes individually. These are: VAT, earnings and the self-employed (Social Security and Social Work).
💡 We invite you to access these two articles so that you can clear your doubts:
After making that decision, you must register in AFIP Y receive the unique tax identification number (SHORT). Also depending on the address of your company you will need Sign up for ARBA (for the province of Buenos Aires) or in the financial department your province.
Once you have defined all of the above points, you will know whether you have to invoice as a monotributista or as a registered person. Now how can one know what the process is in each case? Find out in the next section!
2. Stay up to date with AFIP news
The AFIP has this exclusive website for everything related to billing: https://www.afip.gob.ar/facturacion/
there you will find it which receipts should be issuedhow to request them and the different modalities and procedures to do it correctly.
In case of Receipts issued by monotributistasthe AFIP states that it corresponds to those of Type “C”except for export transactions where type “E” receipts must be issued.
The agency also makes that clear All monotributistas must issue an electronic invoice for operation with end users.
For their part, the Types of invoices to be issued by taxpayers that are part of the General Scheme They depend on the theme it works with. To know each of the cases go to this link.
Whether or not you delegate everything related to your company’s invoicing, knowing AFIP news is a good practice that we recommend to Argentine entrepreneurs.
3. Analyze billing automation options
The final key in this article has to do with the benefits offered by software online invoice.
If you connect your e-commerce to one of these systems, you have the following advantages:
- Significant time savings as many of these processes run automatically.
- The customer receives the invoice in real time.
- The concept is detailed because it corresponds to the purchase made.
- That share sold is automatically deducted from your system.
- It is possible to get billing and sales reports in one click.
- The system works 24 hours a day and updates itself.
This system allows you create electronic invoices or tax invoices Your online sales without duplication of work and information, and Take over sales logisticssince you can deliver to any of your branches (if your company has one) by sending orders through Dragonfish.
We hope this content helps you make the best decisions for your business everything to do with accounting for your company’s online sales.
And if you’re still not selling online, we trust these three keys have answered the most important questions on one of the topics that causes the most doubts among entrepreneurs.