Introduction of E-book/ E-Invoicing reporting for Greece

Saunak Chowdhury

Organization Name

FedEx

Description

In August 2019, the Greek Independent Authority for Public Revenue (IAPR) announced the launch of the new e-book scheme for the transmission of accounting data to the myDATA platform. IAPR launched a public consultation on myDATA and have continued conducting unofficial discussions with various organizations and associations regarding the exact details of the reporting obligation. The goal of the IAPR is to use the myDATA platform to create online income and balance sheet statements for all businesses operating in the country, by requesting various types of accounting entries, i.e.:Accounting entries to determine annual accounting and tax results Summary of revenue and expense documents for tax purposes, Classification of expense and revenue transactions

Use Case and Business Need

In August 2019, the Greek Independent Authority for Public Revenue (IAPR) announced the launch of the new e-book scheme for the transmission of accounting data to the myDATA platform. IAPR launched a public consultation on myDATA and have continued conducting unofficial discussions with various organizations and associations regarding the exact details of the reporting obligation. The goal of the IAPR is to use the myDATA platform to create online income and balance sheet statements for all businesses operating in the country, by requesting various types of accounting entries, i.e.:Accounting entries to determine annual accounting and tax results Summary of revenue and expense documents for tax purposes, Classification of expense and revenue transactions Is it possible in fusion cloud?

Original Idea Number: 032884bbd5

Ahmed Maher K.

Will be helpful to support the E-Invoicing concept in Oracle Cloud Application as the demand is increasing worldwide.