Knowing the Invoicing Regulations is essential to fulfill our obligation to document the operations we carry out, whether it is the provision of services or the sale of goods. Every business owner or self-employed person knows the requirements that an invoice must contain in order for it to be valid and not have problems with the Treasury . However, there are sectors in which complying with the regulations can be more difficult because multiple low-value operations are carried out every day. An example is the hospitality sector. How are the sales of a bar justified?
First of all, it must be taken into account that the activity of a café-bar can be taxed by modules or by direct estimation . In modules, it is not necessary to issue an invoice for phone number in bahrain sales to the public, unless the recipient asks for it in order to deduct the expense.
In direct estimation, it is mandatory to issue an invoice for each operation, regardless of the amount. But the Invoicing Regulations contemplate the possibility of issuing a simplified invoice (the equivalent of the old tickets) in certain activities. As long as the invoice amount, VAT included, does not exceed 3,000 euros, the bar can benefit from this advantage.
The simplified invoice must contain the business's identifying details: name and surname of the owner, NIF and address. Also the date and invoice number. The difference with the ordinary ones is that it does not have to identify the recipient , unless the recipient requires it to make a deduction. Similarly, it is not necessary to break down the VAT rate, but only indicate the rate and add the expression "VAT included".