URA Introduces EFRIS for Seamless Electronic Invoicing
URA Introduces EFRIS for Seamless Electronic Invoicing
E-invoicing
By logging into the customer application on the URA web portal, users can securely issue electronic tax documents at no cost. The validity of these records can be verified using the URA verification app or a QR reader.
Electronic financial instruments (EFDs)
This system, comprising a networked point-of-sale (POS) system and a virtual Sales Data Controller (SDC), enables the creation of electronic receipts and invoices. It includes a secure component that transmits financial information to the EFRIS system. Additionally, it facilitates the retrieval of financial data and the generation of transaction reports.
Electronic dispenser controls (EDCs)
This component is designed to manage fuel and petrol stations. Special devices monitor and calculate the capacity of fuel pumps in real-time, ensuring efficient operations. This information is transmitted to the EFDs to generate electronic receipts.
Benefits of E-invoicing with Sage ERP (Sage X3 | Sage 300)
Ease of Tax filing
Data Security
Bi-Directional Data Integration
Automated Notification Alert
Avoid Tax Evasion
Enhanced QR code capabilities
Improvement in Account Reconciliation
Streamlined Audit Trail
What Makes Greytrix Middle East’s E-invoicing Solution Better
Integration Expertise
We Specialize in seamlessly integrating E-invoicing with ERP systems for real-time data transfer to URA's EFRIS, reducing errors and enhancing efficiency.
Customization
Highly customizable to meet specific business and URA requirements, handling unique invoicing formats, tax regulations, and reporting standards.
Comprehensive Support
We offer full-service support, including implementation, training, and maintenance to ensure smooth E-invoicing compliance.
Regulatory Adherence
Maintains up-to-date compliance with URA regulations, ensuring legal and technical requirements are met without disruption.
Operational Efficiency
Automates invoicing processes, integrates with Sage X3 ERP system and improves processing times and accuracy for streamlined financial reporting.