How to deduct VAT from simplified invoices

So, if they do not serve this purpose, does it mean that the company will never be able to deduct that VAT from the simplified invoices, with the corresponding economic loss that this entails? There is a solution: manage a recapitulation invoice.

When a professional or a company detects tics that would be of interest to you, you can ask the issuing institution to make a summary invoice that collects all the corresponding tickets and to replace those tickets or simplified invoices, as stated in articles 6 and 7 Of Royal Decree 1619/2012 approved by the Pakistan government.

To perform this management, you must first group the selected tickets to be scanned or photocopied. We will proceed to send them to the supplier by email or by ordinary mail, or we will go to your establishment to give them to you and ask you to make us the substitute recapitulation invoice. Finally, we get our invoice with all the necessary data, which we can use for self-assessment of VAT.

This process can be slow and costly, so before working on it, the work / savings ratio will have to be studied. Surely we will realize that it is not profitable for low ticket taxes, or those with a reduced VAT rate. We can also find problems such as lost tickets that have been erased or not read well for being in poor condition. An alternative approach to this process to make it easier and faster, and therefore the savings is greater, is to automate this process to the maximum.

On the one hand, one way to simplify the process is the digitalization of the tics. There are platforms that automatically digitize the tics when taking a picture with the smart phone. If we have digital copies of the simplified invoices, then selecting them, grouping them, and sending them to the supplier in question will be a much more automated and agile process. If in addition these digital images are homologue by the Tax Agency, we will have guarantees and a legal security that we can avoid possible problems with the suppliers.