From the start of this year, Beijing Municipal Finance Department stopped issuing the Beijing Municipal Charity Donation Invoice (Machine-printed) and Beijing Municipal Charity Donation Invoice (Manual) to city-level charitable organizations.
From April 1, manual and machine-printed invoices will be abolished to fully implement e-invoices for donations. However, there are still many problems to be ironed out before they can become the norm.
Based on this, YeePay, a third-party payment company, has tried out a new attempt to provide an electronic donation invoice solution for charitable organizations.
The donation e-invoice platform launched by YeePay is directly connected to the e-invoice system of government financial departments, enabling the automatic sending of donation invoices to donors without having to go through specific charities.
This solution enables charitable organizations to save time and manpower in the face of the influx of a large number of small donations, improves efficiency, and reduces costs. Meanwhile, it also allows online donors to enjoy a smoother donation experience.