The corrective invoice is a key tool when proceeding with the company's billing, regardless of the industrial sector and the production volume.<\/p>\n
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Although billing is one of the most important business processes, errors it generates are often frequent. However, if we have made a mistake on an invoice or we cannot collect them... Relax! Can\u00a0correct the error or recover VAT<\/b>\u00a0making a corrective invoice.<\/p>\n
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The corrective invoice is a document that can be used by both micro-businesses, SMEs and the self-employed. In them, we can\u00a0modify and\/or extend an invoice<\/b>\u00a0it already exists. And the corrective invoice arises from the impossibility of making modifications to an invoice already issued. Instead, it is necessary to issue a new one that includes the necessary changes.<\/p>\n
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Sometimes we tend to issue corrective invoices without thinking about whether said action is correct or not. For example, negative invoices are often used to carry out operations that are not relevant, such as canceling an income that has not been paid to us or transferring VAT from one quarter to another.<\/p>\n
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However, since the Billing Regulations came into force (Royal Decree 1619\/2012, of November 30)\u00a0It is not possible to cancel an invoice to reissue another one for the same operation.<\/b><\/p>\n
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We may issue a corrective invoice when any of these reasons occur:<\/p>\n
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When we issue a corrective invoice, we cannot forget to include:<\/p>\n
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Likewise, the corrective invoice must comply with the rest of the requirements that are established as mandatory in billing: proof of the tax rate, issuance data, etc.<\/p>\n
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The Treasury allows us to use corrective invoices to recover VAT from those invoices that we have not collected in these specific cases:<\/p>\n
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Finally, let us remember that we can issue it as soon as we are aware of the error committed, as long as\u00a0Four years have not passed since the accrual<\/b>\u00a0of the tax or since the circumstances of the modification of the tax base occurred.<\/p>\n
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If the uncollected invoices meet these requirements, we must follow the following steps meticulously.<\/p>\n
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Step 1.<\/strong>\u00a0First of all,\u00a0let's try customer collaboration<\/b>. Before going to court, we must try to\u00a0collection in good faith<\/b>. A phone call, an email, a certified letter, a burofax, a meeting... They can be the perfect wake-up call for the client to see that we are serious.<\/p>\n <\/p>\n Step 2.<\/strong>\u00a0If claiming it directly from the client has not had effect, we will have to request\u00a0through judicial or notarial means the payment of said invoice.<\/b>\u00a0If we opt for the notarial procedure, it is enough to go to a notary with the information related to the debt. On the contrary, if we opt for a judicial injunction, the procedure is different depending on the amount of the debt. If it is less than 250,000 euros, we can claim through a monitoring process. If the debt is higher, we will have to start a slower and more expensive process.<\/p>\n <\/p>\n Step 3.<\/strong>\u00a0Issue a\u00a0rectifying invoice<\/b>to cancel the unpaid invoice. It is time to issue the corrective invoice with the requirements that we have discussed previously.<\/p>\n <\/p>\n Step 4.<\/strong>\u00a0Send the corrective invoice to the Treasury. Have\u00a0one month from the issuance of the corrective invoice to send it to the Tax Agency.<\/b>\u00a0Along with the shipment, we will include a copy of the documents that justify that collection has been requested through a judicial or notarial claim.<\/p>\n <\/p>\n Step 5.<\/strong>\u00a0Include the corrective invoice in 303. Here our process ends. we must\u00a0declare it in<\/b>\u00a0monthly or quarterly settlement<\/b>\u00a0in which the corrective invoice is issued. At that point, we will have recovered the VAT.<\/p>\n <\/p>\n Fountain: SAGE<\/a><\/p>","protected":false},"excerpt":{"rendered":"