Cash Register Obligation – 2017 Handbook of Best Practices

Since 2016, the cash register and receipt creation obligation has been applying to almost all companies. Those who are affected for the first time struggle with the requirements: from the procurement of information up to its proper implementation. In their Handbook of Best Practices, Mag Alfred Hacker (Head of the IV/2 Department in the Austrian Federal Ministry of Finance) and his colleagues summarise the current situation, already applicable law as well as the provisions that will be added in 2017.

Using as a basis more than 60 practical examples, tips and hints, the following topics are prepared:

• Individual recording, cash register and receipt creation obligation: where does it start/end? – What has to be recorded? What must the receipt look like?
• Derogations, facilitations
• Organisational and technical details
• What needs to be done in case of an inspection by the authorities?
• Consequences of failures to meet the obligations