Non-SUPTO version of I-CASH. What makes it different?

We are pleased to announce that retail software I-CASH now offers its non-SUPTO version.

This is possible thanks to amendments and supplements to:

• the Value Added Tax Act amended and supplemented in State Gazette No. 104 of 8.12.2020

Art. 118

(18) (New—State Gazette No. 24 of 2018, amended—State Gazette No. 104 of 2020, effective from 12.12.2020) A person obliged to register and report sales by issuing a fiscal receipt and wishes to use sales management software for a retail location, may choose to use software to manage sales at a retail location, included in the list under paragraph 16. The procedure for choosing and withdrawing that choice, and the requirements for persons choosing to use such software, its manufacturers/distributors and the software itself, are determined by the ordinance under paragraph 4. At a retail location where a person has chosen to use software included in the list under paragraph 16, only that software may be used to manage sales.

• Ordinance N-18, amended and supplemented, State Gazette No. 17 of 26.02.2021

You can read the full text of page 120 of State Gazette issue 17

Non-SUPTO: What are the consequences of these changes?

You own a business and want a quick, easy, convenient way to monitor all company activity. Retail software such as I-CASH organizes the information you need and helps you know everything happening at your locations.

Until now, however, Bulgarian legislation imposed strict requirements and specific operating conditions on this type of software. Read more in our article SUPTO – requirements and specifics

These conditions complicated the workflow.

These legislative changes give you much greater flexibility in managing your company without worrying about the many formalities imposed by Ordinance N-18 when using retail sales management software.

The main change introduced by the amendment to the Value Added Tax Act is that you now have right to use retail software such as I-CASH without having the obligation to declare it to the National Revenue Agency. This gives you the freedom to use this type of software as you see fit and simplify your company's work without additional requirements or paperwork.

If you already use software I-CASH and have declared it to the National Revenue Agency under Article 52z (1) of Ordinance N-18, then you are using the SUPTO version of I-CASH. However, you can also benefit from the non-SUPTO version of I-CASH.

How can you use the non-SUPTO version of I-CASH?

Under the amendment and supplement to Ordinance N-18, you can now withdraw your choice by submitting information electronically, with a qualified electronic signature under the Tax and Social Insurance Procedure Code, through the NRA e-services portal on the NRA website. Withdrawal takes effect on the day following submission of the information to the NRA.

Following these fundamental changes concerning retail software use, the most important question arises:

What are the main differences between the SUPTO and non-SUPTO versions of I-CASH?

Motivated by the legislative changes, we developed a non-SUPTO version of I-CASH, to make your work much easier.

• More options for editing operations and documents: