Best e-Invoicing (Fatoora) Software for Businesses in Saudi Arabia

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Yarab A | Updated on: July 14, 2023

A compliant e-invoicing (Fatoora) software

TallyPrime, a complete business management software, now comes with an e-Invoicing (Fatoora) solution that will help you generate and manage e-invoicing with ease. From generating e-invoices instantly to storing and keeping track of them through the e-invoicing report, we have taken care of every little detail to bring you the most delightful experience

zatca
TallyPrime is qualified by ZATCA (GAZT) as a compliant e-Invoicing (FATOORA) software

What is e-invoicing in Saudi?

Electronic invoicing, known as e-invoicing, is a concept that aims to change the process of issuing paper invoices and notes to an electronic way of invoicing. The concept requires businesses to generate and store electronic invoices and notes using compliant e-invoicing software or any other electronic system.

e-Invoicing in TallyPrime

  • Generate e-invoices in a single click
  • Print QR code on invoices effortlessly
  • Generate e-invoice for tax invoices and simplified invoices
  • Exclusive e-invoice report will give you a single view of all e-invoicing tasks
  • Intuitive prevention, detection, and correction mechanisms will help you deal with exceptions with ease
  • Supports e-invoice for debit note, credit note POS invoice, and receipts
  • Export e-invoice in an XML file as per ZATCA (GAZT) requirement
  • Security control and User login management
  • User session log register to view all the log details indicating the entire history of the masters & transactions

Saudi e-invoice in TallyPrime

e-Invoice generated from TallyPrime

Start e-invoicing with TallyPrime in 3 easy steps

Whether you are a business already using TallyPrime or just brought Tally, all you need to do is follow 3 simple steps to start e-invoicing.

  1. Enable e-invoicing solution for your license by submitting your serial number here 
  2. Set “Yes’ to e-invoicing feature in the  company and transaction types for which you want e-invoice
  3. Record the invoice as usual and print the e-invoice with a QR code

How phase-1 of e-invoicing system work?

how phhase-1 of e-invoicing works

  • The seller generates e-invoice through a complaint e-invoice system which can be ERP software or any other electronic system

  • The e-invoice generated should include all the mandatory details of the invoice. The mandatory details e-invoice will have the same requirements as the current invoice specified in VAT law and regulations

  • The additions in the e-invoice are buyers VAT registration number for tax invoices and QR code on simplified invoices

  • Once an e-invoice is generated, the seller stores the invoices in the same e-invoicing system

  • The buyer receives a copy of the e-invoice

  • In case if it is a simplified invoice, the QR code printed on the e-invoice should be scannable

Generate e-invoices instantly with a single click in TallyPrime

With a one-time setup, you can start generating and printing e-invoices within seconds. All you need to do is enable, record and print. TallyPrime’s will take of the rest.

  • You can generate an e-invoice in the flow of recording the invoice or do it anytime from the reports

  • Supports e-invoices for a tax invoice, simplified invoice, debit notes and credit notes

  • As you record your invoices, TallyPrime is designed to archive the invoice details in XML format, which is a mandatory requirement to be a compliant e-invoice solution

  • Once the invoice is recorded, the system restricts further edits or alteration, ensuring it is tamper-proof

  • Exclusive e-invoice reports and event log gives you a complete view of e-invoice activities and complete history of transactions

e-invoice register in TallyPrime

Get your e-invoicing software free demo today

Enhance your business operations with the all-new TallyPrime. Don’t just take our word for it. Experience the product to truly feel its power and transform your business. We’re sure you’ll fall in love with it!  Call 800 2442559 for any queries

FAQs of e-invoicing software in Saudi

  • What is an e-invoice?

An invoice that is generated in a structured electronic format using software or any other electronic mean. A paper invoice that is converted into an electronic format through copying, scanning, or any other method will not be considered an electronic invoice.

  • What all systems can be considered as e-invoicing systems?

 Online cash registers, virtual cash registers on tablets, e-invoicing software installed on a computer, e-invoicing software installed on the phone or tablet, and cloud-based solutions are examples of e-invoicing systems.

  • Will e-invoice be implemented in a phased manner?

Yes, e-invoice will be implemented in 2 Phases. The first phase is the generation phase that requires businesses to generate and store electronic tax invoices and notes using compliant e-invoicing systems. This is followed by the integration phase, in which e-invoicing software or systems used by businesses will be integrated with ZATCA.

  • What is the date of implementing e-invoice?

The first phase starts on 4th December,2021. The second phase is expected to start from 1st January,2023.

  • What types of documents are covered under e-invoice?

    • Invoice by Supplier
    • Credit Note by Supplier
    • Debit Note by Supplier
    • Advance receipts
    • Any other document as notified by the authorities

  • How will Accounting or ERP software help in e-invoicing?

ERP/Accounting software that comes with an e-invoicing solution helps you generate, store, track and manage e-invoices as per the guidelines issued by the authorities.

Watch Video on E-Invoicing for Saudi Arabia in TallyPrime

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TallyPrime

Generate and manage e-invoicing with TallyPrime, a qualified e-invoicing software by ZATCA (GAZT) in Saudi

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