We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Online business: Can Paypal create PDF receipts or invoices for online purchases, automatically?

Hello...

My husband wants to start an online business selling instantly downloadable products.

He is thinking of using Paypal to collect payments.

Is Paypal a "legally compliant" way to do so?

Does Paypal create digital (pdf) receipts or invoices for every purchase, automatically?

This pdf would need to have all the necessary info of the transaction, in case the tax authorities need to check something. For example, buyer and seller full name, physical address, VAT id, etc...

I'm not talking about doing all this manually for each sale, as it would defeat the very purpose of having a (somewhat) automated online business. :-)

My husband does have a Paypal account, but couldn't find a relevant setting (if it exists).

Can you help please?

Thank you!

Comments

  • mikep22
    mikep22 Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Many companies use PayPal to collect payments, even larger companies.

    I wouldve thought they would have something to generate invoices.

    Is there not a part of the forum dedicated to new business start ups?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.