The invoicing limit is controlled by the tax-control IC card. You can enter the invoicing system and click "Status Inquiry" in "Tax Return Processing" to check the invoicing limit.

According to Article 5 of the Circular of the State Administration of Taxation on the Revision of the Provisions on the Use of Special VAT Invoices (Guo Shui Fa [2006] No. 156), the invoices are subject to the management of the maximum invoicing limit. The maximum invoicing limit refers to the upper limit that the total number of sales issued by a single special invoice shall not reach.

VAT special invoices are designed and printed under the supervision of the State Administration of Taxation, and are limited to be purchased and used by general VAT taxpayers, which are both important accounting certificates reflecting the economic activities of taxpayers, and legal certificates of tax obligations of the selling party and input tax amount of the purchasing party, and important and decisive legal special invoices for VAT calculation and management.

The implementation of special invoice for VAT is a key step in the VAT reform, which is different from ordinary invoice, not only has the role of commercial voucher, but also has the role of tax deduction due to the implementation of the invoice with the tax, the purchaser has to pay VAT to the seller. It has the role of tax payment certificate. More importantly, the VAT invoice links the various links between the initial production of a product and its final consumption, keeping the tax intact and reflecting the role of VAT.

There are two kinds of VAT invoices, for example, "100,000 yuan" is divided into "100,000 yuan version" and "limited to 100,000 yuan version". Among them, "100,000 yuan version" excluding tax can be more than RMB 100,000 yuan, and "limit 100,000 yuan version" excluding tax shall not exceed RMB 100,000 yuan. In the daily work, pay attention to the distinction.

The invoice refers to all units and individuals in the purchase and sale of goods, provide or receive services and engage in other business activities, issued and received business vouchers, is the original basis for accounting, but also audit authorities, tax authorities, an important basis for law enforcement checks. Receipts are only receipt and payment vouchers, invoices can only prove that the business occurred, can not prove whether the money received and paid.

Invoice refers to economic activities, issued by the seller to the buyer of the text, including the name of the product or service to the buyer, quality, agreed price. In addition to the advance payment, the invoice must have the element of payment from the buyer to the seller according to the agreed conditions, must contain the date and quantity, and is an important document for accounting accounts.

China's accounting system provides for valid invoices for the purchase of products or services called tax invoices. Government departments charge, levy vouchers for various periods and different charges levy project name is not the same, but more collectively referred to as administrative charges receipts. For internal auditing and accounting purposes, each invoice must have a unique running number to prevent duplication or skipping of invoices.

Simply put, an invoice is the original documentation of costs, expenses or revenues incurred. For the company, the invoice is mainly the basis of the company's accounts, but also to pay taxes on the cost of the voucher; and for employees, the invoice is mainly used for reimbursement.

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