The Ministry of Revenues is expanding its real-time transaction monitoring platform, positioning the Electronic Invoicing System to cover e-commerce platforms in Ethiopia.
The Ministry of Revenues is expanding deployment of its real-time transaction monitoring platform. The Electronic Invoicing System is designed to integrate with e-commerce platforms operating in the country.
Tax officials define an electronic invoice as a legally recognised receipt that preserves the digital content and format mandated by state directives. This standard will bring online sales into the real-time verification loop used for physical retail.
Nightly Z-report summaries from physical cash registers are to be replaced by real-time data transmission to the Ministry.