Transaction-Based Reporting
id:
transaction-based-reporting-278-8397439
title:
Transaction-Based Reporting
text:
Transaction-based reporting, or Invoice reporting, sometimes called Continuous Transaction Controls (CTC), is a method of data collection of governmental bodies to reduce fraud and increase compliance. Invoice reporting helps in overcoming the inefficiencies of post audit systems, where the auditors can only check VAT refunds after the facts and mainly needs to use data that is collected by the companies it is auditing. The core of invoice reporting is that all companies within a jurisdiction re
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Transaction-Based_Reporting
date created:
date modified:
2023-10-03T14:03:44Z
main entity:
{"identifier":"Q107570927","url":"https://www.wikidata.org/entity/Q107570927"}
image:
fields total:
13
integrity:
13