- November 28, 2024
- Posted by: Mustafa Chohan
- Category: E-invoicing
Saudi Arabia’s Zakat, Tax, and Customs Authority (ZATCA) has introduced an e-invoicing system, known as FATOORAH, to make invoicing more efficient and transparent. Phase 1 required businesses to issue electronic invoices, but ZATCA Phase 2 adds more advanced integration requirements.
If your business operates in Saudi Arabia, it’s essential to understand these changes and how to stay compliant. Don’t worry! Our KSA E-Invoicing Add-on makes it easy to manage Phase 2 integration and compliance without disrupting your operations.
What is ZATCA Phase 2?
Phase 2 of ZATCA e-invoicing requires businesses to:
- Integrate with ZATCA’s Platform: Your invoicing system must connect directly to ZATCA’s system for real-time invoice sharing and validation.
- Use Advanced Features: Invoices must include specific details like unique invoice identifiers, QR codes, and XML formats.
- Submit in Real-Time: Tax invoices must be verified and stored with ZATCA as they are issued.
Common Challenges in Phase 2 Compliance
Many businesses face difficulties with these new requirements:
- System Compatibility: Legacy ERP systems may not support the new XML formats and integration needs.
- Technical Complexity: Embedding QR codes, adding unique identifiers, and meeting other specifications can be confusing.
- Real-Time Operations: Submitting invoices instantly without delays requires a fast and reliable solution.
How Our KSA E-Invoicing Add-on Helps
Our KSA E-Invoicing Add-on is designed to simplify compliance with ZATCA’s Phase 2. Here’s how it helps:
1. Seamless Integration
- Connects your ERP system (e.g., Dynamics 365, SAP, or Oracle) directly with ZATCA’s platform.
- Automates real-time invoice sharing and validation.
2. Full Compliance
- Automatically generates ZATCA-compliant invoices in XML format.
- Adds required QR codes and unique invoice identifiers without manual work.
3. Easy to Use
- No need to overhaul your current system—we enhance it with our add-on.
- Intuitive interface for smooth operations and quick adoption by your team.
4. Reliable and Secure
- Ensures all data shared with ZATCA is encrypted and protected.
- Handles large invoice volumes efficiently, even during peak operations.
Benefits of Using Our Add-on
- Save Time: Automate invoice generation and compliance tasks.
- Avoid Penalties: Meet ZATCA’s requirements and deadlines effortlessly.
- Cost-Effective: No need to replace your existing system—just enhance it.
- Scalable: Our solution grows with your business as your needs evolve.
Stay Ahead with a Hassle-Free Solution
Phase 2 of ZATCA represents a major advancement in Saudi Arabia’s digital transformation. By using our KSA E-Invoicing Add-on, you can stay compliant while improving efficiency and focusing on what matters most—growing your business.
Let’s Get Started
Don’t let the complexities of ZATCA Phase 2 slow you down. Contact us today to learn how our KSA E-Invoicing Add-on can make compliance simple, seamless, and stress-free.
Stay compliant. Stay ahead. Let us handle the hard part!