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Invoicing books and invoicing requirements generally

Posted: Mon Aug 10, 2015 7:32 am
by Entirelyidentifiable
Hi,
My accountant in Portugal says I need an official invoicing book printed from the official print shop. I'm sure someone somewhere said that it is okay to use electronic invoices now.

Which is correct and what do people on here do? We use a UK agency.

Posted: Mon Aug 10, 2015 9:13 am
by e-richard
I registered myself as simplified Cat B business. This is a very new thing. It means you do not have to keep records of costs etc - most of which were not allowable anyway. It means you are taxed on 15% of your gross rental income - simple.

BUT, you do have to send the tax office copies of invoices each month. You can register with the tax office to send these electronically, but it has to be done with specialised software.

My accountant does all this for me. I email him with the details, and he submits them monthly online direct to the tax office.

There is no paper.

.... And he charges me an outrageous sum to do all that :shock: :cry:

Posted: Mon Aug 10, 2015 12:29 pm
by Entirelyidentifiable
Ah yes this is definitely the regime the accountant has suggested with the simplified taxes (at a price too when it comes to her fees!!)

I would much prefer to do it electronically via software but she didn't even mention that as an option.
I use a UK-based agency for my rental guests so if I did use software, how might that work? I could get info from them with the client names etc. but what else do you need for the invoices?

This is all so complicated!

Posted: Mon Aug 10, 2015 2:05 pm
by kteee
I submit my invoices via toconline, which was set up by my accountant and costs around 6€ per month, but I do my own rentals so have all the info

If the clients are Portuguese you need their fiscal number and address, if not just name and country of residence, plus how much they've paid (in euros) and date of stay

Posted: Mon Aug 10, 2015 2:05 pm
by kteee
I submit my invoices via toconline, which was set up by my accountant and costs around 6€ per month, but I do my own rentals so have all the info

If the clients are Portuguese you need their fiscal number and address, if not just name and country of residence, plus how much they've paid (in euros)

Posted: Mon Aug 10, 2015 2:06 pm
by kteee
I submit my invoices via toconline, which was set up by my accountant and costs around 6€ per month, but I do my own rentals so have all the info

If the clients are Portuguese you need their fiscal number and address, if not just name and country of residence, plus how much they've paid (in euros) and date of stay

Posted: Mon Aug 10, 2015 2:06 pm
by kteee
I submit my invoices via toconline, which was set up by my accountant and costs around 6€ per month, but I do my own rentals so have all the info

If the clients are Portuguese you need their fiscal number and address, if not just name and country of residence, plus how much they've paid (in euros) and date of stay

Posted: Mon Aug 10, 2015 2:06 pm
by kteee
I submit my invoices via toconline, which was set up by my accountant and costs around 6€ per month, but I do my own rentals so have all the info

If the clients are Portuguese you need their fiscal number and address, if not just name and country of residence, plus how much they've paid (in euros) and date of stay

Posted: Mon Aug 10, 2015 6:27 pm
by RichardHenshall
So far, I've reported using the Portal das Finanças directly at https://www.portaldasfinancas.gov.pt/pt ... orm.action without the assistance of a Portuguese accountant.

Whether I'm doing it right remains to be seen.

For non-Portuguese it asks for a passport or other ID/tax number.

Posted: Wed Aug 12, 2015 5:14 pm
by Entirelyidentifiable
Thanks - I will take a look. This accountant is really not inspiring confidence and is not cheap either!

Posted: Sat Aug 15, 2015 12:16 pm
by aasta
we use the invoicing books (and since about 2 years also post directly to the site Richard mentioned).......we were told by our accountant that online is very expensive...but am in process of switching accountants and will ask about doing it all on line......new accountant is very compitant....will share any new insights we receive from her

Posted: Sat Aug 15, 2015 12:25 pm
by Entirelyidentifiable
Thanks. That would be great. Hmmm I need to decide asap as I need to get the invoice book printed in time for the first run of submissions to finance. Suspect I will have to just do it that way for now. As my agency is in the UK, I guess I just get the client's details, add the amount and then send it to the accountant...annoying though!

Posted: Sun Dec 06, 2015 4:26 pm
by RichardHenshall
NALLE.pt wrote:The AT has clarified that “Recibos Verdes” for local lodging accommodation are only to be done in electronic format. It is not compulsory to have receipt books printed. Tourists who want to have an official receipt, can be given a hard copy of the electronic invoice produced within the AT System.