Understanding E-Invoice Data Extraction and Response

According to an announcement by the Hungarian government, businesses issuing Export and Domestic sales invoices by means of invoicing software are required to provide invoice data to the Hungarian Tax Authorities (HTA). This includes all receivables transactions performed with other businesses that have Hungarian tax numbers with a VAT amount equal to or above 100,000 HUF. This thresh-hold can be lower if the taxpayer decides so.

This image shows the business process flow of e-invoice extraction and response processing in the JD Edwards EnterpriseOne solution.