Reports on EET
- 07. 01. 2021 The current government is preparing a proposal to abolish EET.
- 04. 05. 2020 Entrepreneurs will not record sales until the end of 2020. On Monday, May 4, 2020, the government approved a proposal by the Ministry of Finance to postpone electronic sales records for all waves until the end of 2020. catering and accommodation, so entities that were originally supposed to register on May 1, will start to record their sales only on January 1, 2021.
- 27. 03. 2020 Sales records suspended. An amendment to the Sales Registration Act was published in the Collection of Laws. With effect from today, ie 27 March 2020, Act No. 137/2020 Coll., On certain adjustments in the area of sales records in connection with the declaration of a state of emergency, suspends the obligation to record sales, for the period of the state of emergency and subsequent three months.
How EET Works
The aim of electronic record of sales (EET) is to verify that each sales was properly registered (thereby ensuring a better collection of taxes). For the financial administration to have a perfect overview, the entrepreneur sends a data message to her about each transaction (1) In XML format. The state system sends an acknowledgement of receipt of the message, accompanied by a unique code (2). This code must be printed on receipt (3), which the trader will transmit to the customer. Proper taxation of specific revenues can be verified via the financial administration Web application. Running the entire system requires software and Internet connectivity.
EET diagram:
Who is EET about
In general, the new law is subject to those whocollect cash, pay by credit card, cheque, promissory note or accept a voucher for their service or goods. For example, if you are a freelancer who invoices and the payment is received on your account, EET goes outside of you (but we will throw you our online accounting software ABRA Flexi). The law does not apply to you even if you earn in the season by selling fruit, flowers or honey from your own harvest. The occasional incomes are not the nature of the business and the sales record is not subject.
ABRA Flexi is for accounting in smaller companies and sole traders.
It allows you to work from anywhere on Windows, Linux and Mac. It supports the issuance of documents with EET in the Sales cash register a Cashier modules.
ABRA Gen is an information system for medium and large companies.
supports the issuance of documents with EET in the modules Cashier, Restaurant sales, a Retail sales.
From when EET applies by industry
For a complete overview of the rise in the register of sales, please visit the General Financial Directorate, your business code You can check through the website of the Czech Statistical Office (CSO).
Accommodation and Catering Services
From 1. December 2016
(Code designation CZ-NACE 55 and 56)
Retail sale
and wholesale
From 1. March 2017
Evidence for
Other activities
From 1. March 2018Jde For example about taxi drivers, bakers, confectioners,
Doctors, lawyers, and more.
Crafts
and manufacturing activities
From 1. Jun 2018
Additional Resources and Links
A reference to the applicable law which applies from 16. March 2016.
For information on receipts, see the Ministry of Finance‘s website. Technical specification of communication.
I am a customer ABRA Software. How to prepare for EET?
If you’re using the cashier with a printer for your business and you have an Internet connection, you don’t have to do much of anything. Just install a new version of our software, which update is free for existing active users.
For the correct function of EET, it is necessary to generate a unique cash certificate on the website of the Ministry of Finance.
What if I don’t have a cashier?
You will continue without it. You can also record revenue through your computer, tablet, or smart phone. Just have the updated software, Internet Connection and printer. In the case of an investment in a new facility, natural persons may benefit from a one-off income tax rebate of CZK 5000. The discount applies to the tax period in which the entrepreneur first recorded the revenues falling under the New Testament.
I am not a customer ABRA Software. How to prepare for EET?
Just choose the software from our portfolio and continue as in the previous section.