Facturile

Facturile is the Romanian definite plural form of factură, meaning invoices or bills. In commerce, a factura is a document issued by a seller to a buyer that itemizes goods or services provided and sets the amount payable. The plural form facturile is used when referring to multiple such documents, for example in a sentence like “the invoices.” Facturile function as a primary record for both parties and as a basis for taxes, accounting, and auditing.

A typical factura includes the seller and buyer details, a unique invoice number, issue date, a description of each item or service, quantity, unit price, applicable taxes, total amounts, payment terms, and the due date. They may be issued in paper or electronic form. Electronic invoicing, or facturi electronice, has become widespread and is often legally recognized as equivalent to paper invoices, provided the format, security, and transmission requirements are met.

Invoices play a central role in financial reconciliation, VAT or sales tax reporting, and revenue recognition. They also serve as proof of purchase for customers and as a basis for auditing and compliance. While core concepts are similar worldwide, specific legal and formatting requirements for facturile vary by jurisdiction, with differences in mandatory fields, taxation rules, and e-invoicing standards. The development of computerized accounting has further standardized and streamlined the creation, transmission, and archiving of facturi.