E-commerce has significant accounting and tax particularities compared to traditional commerce. From mandatory e-invoicing to OSS VAT regime for intra-EU sales, e-commerce companies must stay current.
E-commerce specific obligations
- Electronic invoicing (e-Factura) — mandatory for B2B and B2G
- Virtual cash register — for B2C online payment sales
- VAT on intra-EU sales — OSS (One-Stop-Shop) regime
- Separate records per platform (own site, eMAG, Amazon)
- Returns and cancellations — specific accounting treatment
Need e-commerce accounting? The Geseidl Consulting Group team, CECCAR Prahova leader for 18 consecutive years, is ready to help. Discover our services or contact us for a free consultation.
Geseidl Consulting Group
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