Not only big companies but also small and mid companies also start to tackle with Electronic Books Maintenance Act.

Details are announced in national tax authority, so only focus on accounting dept impact. Electronic Books Maintenance Act will be adopted to receive electronically after 2022/1/1. That is to say, preparation period is just one month. And the scope is included quotation, invoice and contract, not limit to finance and accounting dept.

In order to deal with the act, 1. Trust 2. Visibility needs to be fulfilled. For “Trust”, some condition exist so need to understand them clearly. If misunderstanding happens and will not preserve data appropriately, the company might be imposed penalty by tax authority.