New legal requirement to use digital cash registers from 1 January 2024 for some industries
There are currently special rules on what a sales receipt from your cash register must contain when you sell to private customers from your business. From 1 January 2024, there is a new legal requirement for some businesses to use digital cash registers for their sales registration.
New legal requirement to use digital cash registers from 1 January 2024 for some industries
There are currently special rules on what a sales receipt from your cash register must contain when you sell to private customers from your business.
You can see the current rules here for what a sales receipt shall contain
From 1 January 2024, the rules will be extended to include a legal requirement for digital cash registers for some industries.
Digital cash registers are also called “POS” or “Point Of Sales”.
In this blog, we describe the new rules.
New legal requirement for digital cash registers from 1 January 2024
From 1 January 2024, there is a new legal requirement for some businesses to use digital cash registers for their sales registration.
These businesses must be able to submit information about their sales in a digital format called SAF-T format (Standard Audit File For Tax) to the Danish Tax Agency during or immediately after an inspection visit.
Which industries are covered by the new rules on digital cash registers?
The new rules on digital cash registers apply to businesses in the following industries:
Cafés
Restaurants
Public houses
Grocers
newsagents
Pizzerias
Takeaway
Integration between the cash register and accounting software
Many digital cash registers, or POS systems as they are also called, can work with popular accounting programs such as e-conomic, Dinero and Billy.
This means that in addition to complying with the new rules from 2024, you will often be able to import the day’s sales and payments automatically into your bookkeeping.
Efficiency and savings on accounting preparation
An investment in a new digital cash register (POS system) can, with the proper planning together with your accountant, result in efficiency gains and savings on the actual preparation of the accounts.
Suggestions for digital cash registers using e-conomic
If you use e-conomic for your accounting, we recommend looking at these POS systems:
The Danish Tax Agency can require a business to use a digital cash register by 2023
Please note that the Danish Tax Agency can order companies in 2023 to use a digital cash register if discrepancies are found during an inspection visit.
Regardless of the new rules, which will not enter into force until 2024, we now recommend our customers use a digital cash register, as it saves time and money and minimises the risk of account errors.
Do you need advice or guidance on digital cash registers?
Please contact us if you need advice or guidance on choosing your digital cash register.
(This blog was updated on: 28 August 2023)