The Bureau of Internal Revenue (BIR) launched a new web-based system named Electronic Invoicing/Receipting System (EIS) and part of the BIR’s Digital Transformation Program and in compliance with the provision of the Tax Reform for Acceleration and Inclusion (TRAIN) Act. Aim of the new system is to support the pilot phase of the invoice and receipt process and also digitize the tax audit process.
The Philippines e-Invoice pilot phase was planned to begin in July 2022 with 100 large taxpayers which registered the Bureau’s large taxpayer service(LTS) and export goods and services. Regulation covers issuance of B2B e-Invoices, e-Receipts (B2C), and also debit and credit notes. Generated electronic documents submitted through the EIS platform in JSON format. Point to be considered is submission date after issuance date, taxpayers have 3 days to submit close to real-time reporting.
EIS platform consists of three portals EIS Taxpayer, EIS Certification and EIS Portal for Revenue Officers. EIS Taxpayer portal is used to issue e-Invoice and e-Receipts besides store necessary seller, buyer, and sales information. If errors occur in government side debit, credit or adjustment notes must be issued in the portal. Additionally, generated invoice or receipt from WEB/CAS/POS/CRM submitted to EIS through the API. Customers have access to the EIS portal and check monitor the electronic documents.
EIS Certification portal is used to issue, transmit, download sales data, and request EIS Certification, using API testing and sandbox by taxpayers.
Last EIS Portal for Revenue Officers facilitates collecting taxes, increasing productivity and strengthening the audit process.