Before the regulation of the Tax Receipt, the Base Invoice was widely used and could be defined as “a list of goods sold”. Know more.
BASE INVOICE
Before the Tax Receipt regulation, the Base Invoice could be defined as “a list of goods sold”, as is still the case in several countries that do not adopt the use of Tax Receipt.
With the list of goods sold (Base Invoice), the Mercantile Duplicate was issued, used as a credit title and object of future article.
After the regulation of the Tax Receipt, the Base Invoice began to be used as a list of the Invoices issued, whose total value will correspond to the sum of them and must coincide with the value of the Duplicate.
A constant presence in our days, the Base Invoice, like the Duplicate, is regulated by Law No. 5474/68. It is a commercial document that represents the sale or provision of services to customers domiciled in the national territory. When provided with elements of a fiscal nature, it is also recognized as a fiscal document.
Normally, the Base Invoice is issued for purchases made for payments within pre-determined terms between the parties, that is, there will be future payments, or it can also be issued upon presentation (payment upon presentation is the same as payment in cash, on the agreed date between the parties for payment).
The Base Invoice is always issued by the seller or service provider to the buyer or borrower and can express all purchases made by a specific customer in a period of time, or be individualized for each purchase.
It is understood, then, that the Base Invoice may be issued together with each Tax Receipt or at the end of a period previously determined between the parties.
Conceptually, we can say that the “Base Invoice is a document issued by the seller to the buyer, which lists all purchases made in a certain period of time and will serve as the basis for the duplicate(s)”.
The simple Invoice Base, the one where the Invoices issued in a certain period of time (weekly, fortnightly, monthly or quarterly) are listed, do not require state or municipal authorization for issuance, as they are not used as a tax document. Its only function is to present the Duplicate to the buyer or borrower in an amount corresponding to the sum of the related Invoices, which were issued within the time agreed between the parties.
TAX RECEIPT WITH INVOICE
Since 1970, Tax Receipt can also serve as Base Invoice. It must, however, include the necessary elements and the name becomes Tax Receipt With Invoice.
Consequently, we now have two models of Tax Receipt With Invoice: Commercial Sales and Service Provision.
Both, as they are tax documents, require authorization from the Municipal Finance or Treasury Department to be issued and their issuance can occur in booklets or continuous forms.
CLICK TO SEE THE MODELS:
WRITTEN BY: FRANCÊ Advogados (Automatic translation by Google)
SEE ALSO:
- Checks: History, Validity and How to Use
- Problems with checks? See what to do
- Promissory Notes: History and Requirements
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