Learn how to validate IRS bills

Learn how to validate IRS bills

  • admin
  • November 26, 2015

The allocation of invoices to the new economic classification codes (CAE) is not automatic. Taxpayers will have to revalidate these invoices in e-invoice. Know how to.

1
Invoices deductible
Only invoices with NIF may be deductible at the IRS. Companies are obliged to issue them and communicate them to the tax authorities by the 25th of the month following the month of purchase. If an entity has several different activities, Finance have no way to “guess” what sector it comes each invoice. Therefore, many companies did not have the CAE date and have been doing so, which means that taxpayers have now reviewing invoices already validated.

2
Reviewing bills with updated CAE
All invoices that do not give a benefit (health, education, catering, mechanics, etc.) are sent to the category “family overheads”. This is where there may be cases where companies have updated their PPAs. For example, if a hypermarket not have the CAE concerning education, these bills could not be admitted as education expenses and fell in overhead. They are also the cases of procurement of health products in supermarkets or buying textbooks at stationery. With CAE update taxpayers should therefore retain these invoices in the portal of Finance, redirecting them to the right sector. Click on the invoice number and, once there, click on “change” button. After the “additional information”, you can choose the correct activity. But the Finance still did not clarify whether the invoices changed with CAE, the IRS will place as pending or whether the taxpayer will have to go see one by one.

3
further information bills
If an entity has an incorrect CAE that can derail proper allocation of the benefit / deduction IRS. For example, if you buy glasses with prescription, when trying to sort out the bill at the “Health” sector can arise warning: issuer does not have CAE Section / class indicated. If you can not associate the bill at the correct sector, the consumer should contact the Finance through the system e-desk or call center (707 206 707) and report that fact to the company to be contacted and can fix the CAE.

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