Electronic invoicing guide
Canada
Digital reporting requirements
Post Audit
Obligatory
Voluntary for all, B2G mandatory to receive.
Quebec – Data reporting obligation for restaurant and passenger transport services. Mandatory to use a Sales Recording Module at any type of restaurant, catering service, or bar.
Authority
Canadian Revenue Agency (CRA)
Platform
Peppol Network
Format
UBL
Storage time
6 years
Reporting and processes
Reporting
This country has no reporting obligations.
Processes
- Secure Storage: Before sending e-invoices, businesses must ensure data accuracy, security, and integrity by storing it in a reliable system.
- Record Keeping: Companies must keep documents that explain how transactions are processed and managed.
- Standard Format: Invoices must use a data format compatible with CRA audit software.
- Backups Required: Businesses must store backup copies of their invoices.
In Quebec, businesses like restaurants and bars must use a Sales Recording Module (SRM) connected to their Point-of-Sale (POS) system. This device:
- Records every sale and sends transaction details to Revenue Quebec.
- Prints receipts with a unique barcode, certifying accuracy and proper record-keeping
Upcoming legislative changes
For the time being, no legislative changes are foreseen.
Links of Interest and documents
Links of interest
https://www.canada.ca/en/revenue-agency.html
Documents
Invoices, credit/debit notes
Do you have a specific need?
Get in touch with our team of experts to tackle legislative challenges.
- Detailed reports for any market.
- Support and advice in the implementation process.
- Electronic invoicing as the cornerstone of your company's digital transformation.
