Understanding Fiscalization: What You Need to Know

Fiscalization is the process of converting a non-fiscal document, such as a receipt or invoice, into a fiscal document that can be used to calculate and pay taxes. This process involves adding fiscal information, such as tax rates and amounts, to the document and obtaining a unique fiscal code that must be included on all future documents related to the transaction.

In many countries, fiscalization is required by law for certain types of transactions, such as sales of goods and services. The purpose of fiscalization is to ensure that taxes are accurately calculated and paid on these transactions, and to provide a clear and transparent record of the transaction for tax authorities.

Fiscalization can be performed manually, using paper forms and manual calculations, or it can be automated using specialized software and hardware. In either case, the goal of fiscalization is to ensure that taxes are accurately calculated and paid, and to provide a clear and transparent record of the transaction for tax authorities.