Bookkeeping

Invoicing software and online invoicing tools are great to improve the accuracy of your invoices while reducing work load and promoting transparency. However, even good programming cannot replace familiarity with regulations, while you should also be on the lookout for glitches. Here, have a few examples of what to watch out for! Online invoicing tools …

The post What to watch out for when using online invoicing tools in Hungary appeared first on Helpers Finance.

As of 1 July 2020, the obligations related to invoices issued by your Hungarian company will change in order to make the economy more transparent. Certain invoices must be reported to the Tax Authority immediately, while all invoices must be issued sooner after performance. Report invoices immediately When your Hungarian company issues an invoice to …

The post Changes to invoicing obligations in Hungary from 1 July 2020 appeared first on Helpers Finance.

Since accountancy and bookkeeping is strictly regulated in Hungary, there are also strict rules governing how to correct possible mistakes on invoices. To keep things transparent, you can either create a correction invoice or a cancellation invoice.

The post What to do when you made a mistake on an invoice? Correction and cancellation in Hungary appeared first on Helpers Finance.