e-Invoicing Compliance in KSA: Understanding Phases & Waves

Priyanka Babu | Updated on: November 20, 2024

The Zakat, Tax and Customs Authority (ZATCA) introduced a new system of electronic invoicing in the KSA (Kingdom of Saudi Arabia) recently. This system was introduced in a series of phases to make it easy for people to transition into the same.

Here is a list of key dates that you should know if you are running your business in KSA. These dates will help you remember the deadline by which you have to follow the mandate released by ZATCA to avoid penalties.

Phase	Wave	Implementation date
Phase 1 (Generation Phase)	NA	December 4, 2021
Phase 2 (Integration Phase)	Wave 1 – above SAR 3 billion	Wave1 – January 1, 2023
	Wave 2 – SAR 500 million to SAR 3 billion	Wave 2 – July 1, 2023
	Wave 3 – SAR 250 million to SAR 500 million	Wave 3 – October 1, 2023
	Wave 4 - SAR 150 million to SAR 250 million	Wave 4 – November 1, 2023
	Wave 5 – SAR 100 million to SAR 150 million	Wave 5 – December 1, 2023
	Wave 6 – SAR 70 million to SAR 100 million	Wave 6 – January 1, 2024
	Wave 7 – SAR 50 million to SAR 70 million	Wave 7 – February 1, 2024
	Wave 8 – SAR 40 million to SAR 50 million	Wave 8 – March 1, 2024
	Wave 9 - SAR 30 million to SAR 40 million	Wave 9 – June 1, 2024
	Wave 10 – SAR 25 million to SAR 40 million	Wave 10 – October 1, 2024
	Wave 11 – SAR 15 million to SAR 25 million	Wave 11 – November 1, 2024
	Wave 12 – SAR 10 million to SAR 15 million	Wave 12 – December 1, 2024
	Wave 13 – SAR 7 million to SAR 10 million	Wave 13 – January 1, 2025
	Wave 14 – SAR 5 million to SAR 7 million	Wave 14 – February 1, 2025
	Wave 15 – SAR 4 million to SAR 5 million	Wave 15 – March 1, 2025

e-Invoicing, simplified and stress-free

To make your e-Invoicing journey a walk in the park explore TallyPrime, accredited by ZATCA as a compliant e-Invoicing (FATOORA) software. Offering real-time e-Invoicing and compliance, the software can ease and strengthen your e-Invoicing process.

Here are some of the key TallyPrime e-invoicing features:

Easily print e-invoices with a ZATCA-verified QR code, including the supplier’s name, VAT registration number, invoice amount, and tax breakdown
Generate and archive tax invoices, credit, and debit notes in compliance with ZATCA
Generate invoices in both Arabic and English along with other customisation options
Efficiently generate multiple e-invoices from selected invoices simultaneously with bulk processing capability
Effortlessly handle returns and reversals by generating e-invoices for credit and debit notes
Monitor all transactions with the help of TallyPrime e-Invoice reports

Explore TallyPrime now.