Till closureclôture de caisse
A till closure is the end-of-period step in which till software totals the payments recorded over a given period; under article 286, I, 3° bis of the French General Tax Code, the French tax authority requires daily, monthly and annual closures.
The French tax guidance (BOFiP) states that daily, monthly and annual closures are cumulative and mandatory. Where the financial year does not match the calendar year, the annual closure is made per financial year (BOI-TVA-DECLA-30-10-30, § 170).
Each closure calculates and stores cumulative totals, including the period grand total and the perpetual total. Invoicing software with a till function may skip these closures if it can provide the period’s total on request (§ 170).
The BOFiP mentions the “Z” till report only at § 180, where it requires all line-by-line data to be kept, not just the Z report. It does not define the term. These rules apply to till software; see secure till software.
Sources
See also
- Secure till software French VAT law (article 286, I, 3° bis of the General Tax Code) requires every business that records payments from consumers to use till software meeting conditions of inalterability, security, retention and archiving of data.
- Invoice retention Invoices and accounting supporting documents must be kept for six years for tax purposes under article L. 102 B of the Tax Procedures Code, and for ten years under article L. 123-22 of the French Commercial Code.