Turnover with e-invoices grew by 24.9%

16:54 - 1.11.2019


November 1, Fineko/abc.az. The share of e-invoice turnover in the total turnover of the nonoil sector increased from 55.2% up to 63.3% and e-invoice turnover by 24.9 percent.

ABC.AZ reports that the e-invoice turnover share in the total turnover made from 69.7 to 84.4 percent in the non-oil industry, 48.2 to 55.8 percent in trade (including 66.2 to 81.6 percent in wholesale trade), 83.9 to 88.9 percent in construction (excluding taxpayers serving the oil & gas sector), 50.7 to 91.8 percent in agriculture, the growth made up 83.9 percent. The largest growth in turnover covered by e-invoices was observed in agriculture (1.9-fold), trade (43.8 percent), including retail trade (48 percent) and wholesale trade (42.7 percent), non-oil production (31.1 percent), service (excluding taxpayers serving the oil & gas sector - 20.1 percent), including public catering (28.6 percent), communications (21.1 percent) and other areas of activity (19.4 percent).

As a result of those processes, there observed a decrease in the amount of cash on bank accounts, high dynamics of growth of private sector enterprises’ current account balances at banks (in national currency).

 

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