However, many small retailers still face difficulties due to the high cost of investing in software, cash registers, and invoice printers. Banks have stepped in, supporting businesses that do not need to install accounting software or use printers; sellers can still create and issue invoices after just a few operations on their phones. The applications are designed to be minimalist, do not require a specialized accounting platform, do not need to install accounting software, do not need to buy printers or cash registers, and sellers still ensure full compliance with the provisions of Decree No. 70 of the Government , on the requirement that businesses issue electronic invoices and fully declare taxes according to regulations.
In addition to applications, many commercial banks have also implemented programs to support business households and individuals trading in mPOS devices - mobile card readers integrated with electronic invoice issuance functions, helping small businesses both manage revenue and make tax reports according to new regulations. Many banks have even stepped up support for business households in the journey of digital transformation and financial management.
Source: https://quangngaitv.vn/ngan-hang-ho-tro-ho-kinh-doanh-chuyen-doi-hoa-don-dien-tu-6504013.html
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