Bookkeeping

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.

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.