With the E-Ledger solution provided end to end by Innova, companies can quickly attain a Ministry of Finance standards compliant E-Ledger system in a short time. Innova manages the integration to electronic invoice system, which requires a deep rooted change in the IT and Finance (Accounting) departments of companies, from start to finish with an expert team.
This solution enables companies to prepare their Journal Ledger, Journal Ledger Warrant, General Ledger and General Ledger Warrant files in a format that complies with Revenue Administration standards.
What is Necessary?
In order for companies to implement the electronic ledger application they must use software approved by the Revenue Administration for the recording, approval, storage and release of e-ledgers. The Innova E-Ledger solution is completely compatible with the E-Ledger system standards of the Ministry of Finance. Also since the software is also compatible with international standards the transformation process gives companies international compliance and reputability.
Legal entities must be E-Invoice users in order to integrate the E-Ledger solution. (Click here for Innova’s E-Invoice solution.) Also they must obtain a Finance Seal and choose a Revenue Administration approved software. It is sufficient for real individuals to use compatible software and be E-Invoice users.