One of the key requirements for cash register systems is to have an ID number, which is defined as “a unique identifier for the cash register system” in Section 2 of the Cash Register System Act. The ID number is a way to distinguish one cash register system from another and to link the sales data to the specific cash register system that generated it. The ID number must be stated in the X and Z reports, which are the daily and monthly summaries of the sales transactions, respectively. The ID number must also be displayed on the receipt that is issued to the customer.
What is a POS ID in the context of Norwegian fiscalization?
Public
Norway
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
407
Content accuracy validation date:
15.03.2024
Content accuracy validation time:
08:15h
The ID number of a cash register system depends on the type of cash register system, which can be either PC-based or ROM-based. A PC-based cash register system is a software program that runs on a personal computer, while a ROM-based cash register system is a standalone device that has a read-only memory chip. The ID number of a PC-based cash register system is usually composed of the license number and the serial number of the software, while the ID number of a ROM-based cash register system is usually composed of the serial number of the device and the software version number.
The supplier of the cash register system is responsible for ensuring that the cash register system has an ID number and that the ID number is correctly registered and configured in the cash register system. The supplier must also provide the ID number to the user of the cash register system and inform the user of the importance and function of the ID number.
The ID number is an essential element for the proper operation and regulation of cash register systems. It helps to identify, verify, and audit the cash register systems and the sales data they produce.
Other news from Norway
Norway Extends VAT Exemption for Electric Cars Until 2026
Norway
Author: Ivana Picajkić
Norway plans to extend its VAT exemption for electric cars priced up to NOK 500,000 until 2026, aiming to boost sustainable transportation. Let's find out more on this! Read more
New document was uploaded: Recorded webinar: E-invoicing for Global Retailers
Public
All countries
Author: Kristina Dosen
If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more
Norway's payment system incorporates responsible innovation.
Public
Norway
Author: Ivana Picajkić
Norway
Author: Ivana Picajkić
Norges Bank emphasized the importance of responsible innovation in Norway's payment system, balancing efficiency, security, and inclusivity to maintain trust in monetary systems. Key initiatives include exploring instant payments through the Eurosystem’s TIPS service, researching Central Bank Digital Currency (CBDC), and adopting the ISO 20022 messaging standard for improved financial infrastructu... Read more
Norway court's VAT registration decision for foreign online fashion company is now final
Norway
Author: Ivana Picajkić
A Norwegian Court of Appeals ruled that a nonresident online fashion retailer qualifies for simplified VAT registration under the VOEC scheme for B2C sales of small consignments, with the Supreme Court declining to hear an appeal, making the decision final. Read more
New cash payment rules in Norway
Public
Norway
Author: Ivana Picajkić
Norway
Author: Ivana Picajkić
Despite only three percent of Norwegian customers using cash, new legislation mandates that businesses must offer cash payment options for amounts up to 20,000 kroner (about 1,670 EUR) from October 1, 2024. The government has reinforced this right by committing to fine businesses that neglect to comply, underscoring cash's role in accessibility and emergency preparedness. According to a survey by... Read more
Norway Introduces New SAF-T Financial Version 1.3
Public
Norway
Author: Stefan Ditrih
Norway
Author: Stefan Ditrih
The Norwegian Tax Administration will require businesses to use SAF-T Financial Version 1.3 for submitting accounting data starting January 1, 2025, with significant updates including revised balance account structures, VAT details, and mandatory fields. This version is not backward compatible, so businesses must be prepared by the start of their first accounting period in 2025. The changes aim to... Read more
Can two companies use the same POS in Norway?
Norway
Author: Stefan Ditrih
Businesses subject to fiscalization obligations can indeed share a common POS system, provided it allows for separate registration of transactions for each entity and keeps payment methods distinct. Read more