Are you ready for RTIR?

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Are you ready for RTIR?

By: E.Alara Topra, Foriba

The Ministry for National Economy of Hungary has confirmed the Real-Time Invoice Reporting (RTIR) – 1st of July 2018.

With RTIR, VAT registered Hungarian entities (irrespective of their presence is abroad) must report their B2B sales invoices with VAT amount of HUF 100.000 (approx. 320 Euro) to Hungarian Tax Authority (HU-TA) immediately.

Manually generated invoices must be reported to HU-TA within 5 days in case the VAT falls between HUF 100,000 and HUF 500,000 (approx.320- 1,600 Euro) and within 1 day, from the issue of an invoice, in case VAT is exceeding HUF 500,000.

What are the reporting requirements?

  • Domestic sales invoices, no need to report purchase invoices
  • Domestic B2B invoices
  • Supply invoices with VAT amount of HUF 100.000 (approx. 320 Euro)

In addition, HU-TA announced that these reports must be in a specified (by HU-TA) XML format.

RTIR does not require any change in the layout of the invoices. What is changing is the way of companies need to collect and store the invoice data of their transactions and how to report them. While purchase invoice reporting remains the same (Itemized Reporting), sales will have a new system, RTIR.

The coming changes are:

  • Companies will need to collect and store invoice data
  • Reporting of the data must be in specified (by HU-TA) XML format.


In respect to RTIR, reports must be generated electronically. Irrespective of the invoices are hand based, paper invoices. This means, companies will need their ERP’s capable of real-time data transfer by July 1, 2018.

As Foriba, founded in 1999 focused on Digital Government solutions, we are compliant with 12 different countries and compliant with 200+ ERP’s including SAP. Therefore, Foriba offers you an end-to-end / fully automated solution inside your ERP (SAP).