Understanding e-GUI for Sales Order and Accounts Receivable in Taiwan

The Taiwan Tax Authority stipulates that all goods and services sold by wholesalers, retailers, or manufacturers must be issued with an electronic government uniform invoice (e-GUI) as an accounting receipt to buyers of goods and services and as an official accounting document for tax reporting.

The Taiwan Tax Authority uses a numbering scheme to ensure all sales and accounts receivable transactions are uniquely numbered. The sellers can process and submit their e-GUI Invoices or Credit Memo information to the Taiwan Tax Authority for tax filing once the transactions are processed to generate an e-GUI number.

The e-GUI number is generated by the Taiwan Tax Authority and it is mandatory for all newly registered Taiwan enterprises to use the e-GUI number in their invoice.

When you work with e-GUI in Taiwan, you can:

• Extract the pre GUI information from the sales order and accounts receivable invoice.

• Update the e-GUI number for the invoice or credit memo.