Common invoice mistakes

The bills They are an indispensable element in the company. Each company service must carry its corresponding invoice, this is the simplest way to keep the accounting up-to-date and not have problems with the State Collection Bodies of Taxes.

The invoice is an administrative and fiscal document. But it is not surprising that, in routine controls by State Administrations, errors that are not made in bad faith are detected, rather, they are simple absentmindedness, carelessness or ignorance on the part of the companies, but that, in any case, can lead to a fine or sanction.

There are some errors that are quite common in bills, and that can be avoided by paying a little attention when preparing the invoice:

• Skip data of the company or client. Invoices are usually completed with the data of the self-employed person or the company, and the name, tax address, number of telephone and identification number as a fiscal person or as a company, the data that must be indicated of the client are exactly the themselves. The omission of some of the data could cause problems.
• Indicate an incorrect tax address or one that is no longer used, if the company changes its tax address, all invoices after the change must appear with the new tax address. It is a common mistake, but it can lead to a significant penalty.
• Record with a guy VAT incorrect. It is a much more frequent error than you think, it may simply be due to human failure or oversight, but at the fiscal level it can be a serious problem.
• Not indicating the date of the invoice, in addition to a problem for the company's accounting. The administration does not accept undated invoices.
• Do not register bills in a book accounting. Small businesses do not have a ledger, the ledger is necessary and mandatory for any large or small business. In this book, all the inflows and outflows of money should be recorded.

When billing, a good option to avoid mistakes is to have the advice of a management company.