Is it allowed to reset the invoice reference number in ERP to start from the beginning of every financial year? I am not referring to the Invoice Counter Value but the Invoice Number generated in the ERP.
If it is not allowed and the ERP resets the sequences to 0 every financial year, how can we tackle this issue? Should we add “_24” at the end of the invoice number or need to fix it at ERP level?
“Invoice Reference Number (IRN): A unique, sequential note number, issued by taxpayer, as per Article 53(5)(b) of the VAT Implementing Regulation.”
our ERP also reset to 1 every fiscal year and in our case we prefix our invoices with the year it was issued, as per my knowledge we can format the IRN as per our needs, as long it is unique and sequential
