The deadline of July 1, 2024, by which all companies must be ready to send only electronic invoices, is not feasible, as there are still many problems in the implementation process, such as: unclear legislation, the way transactions are implemented and reflected, the corresponding sanctions and especially deadlines that seem less and less feasible.

In a new episode of PwC Romania Tax Talks, Inge Abdulcair, Tax Director, and Ramona Curta, Senior Manager, discussed the challenges of the electronic invoicing system e-Factura.

Watch episode 7 of PwC Tax Talks here:

Basic statements

Although other Member States decided to postpone the date of e-invoicing, such as Poland, France and Germany, in Romania the process was as fast as any digitization measure, so there are a number of challenges at company level. in the process of implementation on all relevant pillars.

I do not believe in abolishing paper invoices from 1 July 2024 because we have so many problems.

While working on the system, there are problems for the business environment because there are interruptions in the planning they have done for testing, in fixing bugs.

The lack of complete documentation with all scenarios and error messages creates difficulties for the business environment in the testing process. Another challenge is the lack of clarity in legislation and in the field of transaction mapping. In order to meet the requirements, we have to read the European standard, RO Cius, UBL standard, and some rules do not always match.

Many constraints are not implemented in the system, and when we try to test, we see that everything is possible, which leads to confusion and delays the implementation process again. I might as well list access to the SPV companies here as we know we need access to access the e-invoicing system. And there are companies that did not have access until January 1, 2024, or access is provided through third-party service providers.

We are still struggling to rethink internal processes, such as the review and approval process for employee reports, as from July 1st we will have some reports that will no longer be invoiced as we are used to, and we will see issues in this reconciliation area.

The ability to issue invoices on behalf of and on behalf of suppliers delayed the implementation process because, although this is a practice extremely used in the Romanian business environment in certain sectors such as automotive, retail, energy, it was not possible to issue invoices in the name and at the expense of suppliers. Only recently ANAF has allowed these types of invoices to be uploaded.

Article supported by PwC Romania