The benefits of invoicing are as follows:

1. The VAT invoice is the legal proof of the seller’s tax liability and the buyer’s input tax;

2. As the basis for paying VAT, it is used for tax declaration;

3. Special VAT invoices can be used to deduct taxes and reduce part of the tax burden;

4. Ordinary VAT Invoices protect the rights and interests of consumers;

5. For small-scale taxpayers, the tax authorities can issue special value-added tax invoices;

6. Invoices are used to purchase and sell goods, provide or receive services Receipt and payment vouchers are of great significance to accounting and tax review;

7. Formal invoices contribute to national tax collection and management and reflect the true situation of economic activities;

8. Individuals and units Invoices can be used for expense reimbursement.

The economic significance of invoicing:

1. Increase fiscal revenue: Through tax stamp management, the government can collect taxes timely and accurately and increase national fiscal revenue;

< p>2. Standardize market transactions: As a transaction voucher, invoices help standardize the market economic order and combat tax evasion and tax evasion;

3. Promote standardized operations of enterprises: issuing invoices by enterprises helps establish regulations Financial management system to improve corporate management level;

4. Protect consumer rights and interests: Consumers can use invoices to safeguard their legitimate rights and interests, such as returning goods, making complaints, etc.;

5 . Promote tax informatization: The electronicization of invoices will help promote the informatization of tax management and improve tax management efficiency and transparency.

To sum up, the benefits of invoicing include: serving as legal proof of tax obligations and input tax, used for tax declaration and tax deduction, protecting consumer rights, convenient for small-scale taxpayers, and Accounting and tax review are of great significance and contribute to national tax collection and administration, and can be used by individuals and organizations for expense reimbursement.

Legal basis:

"Invoice Management Measures of the People's Republic of China"

Article 19

Sales of goods, When units and individuals that provide services or engage in other business activities receive payment for external business operations, the payee shall issue an invoice to the payee; under special circumstances, the payee shall issue an invoice to the payee.