Glossary

Key Portuguese tax and accounting terms used in Faturium, with plain-language definitions and links to primary sources.

• e-Fatura

  Portugal's mandatory electronic invoicing portal run by the Autoridade Tributária (AT), where all B2C invoices must be reported.

• IVA dedutível

  The portion of VAT paid on business purchases that a company can reclaim from the Portuguese tax authority.

• Reconciliação

  The process of matching bank transactions to invoices or receipts to confirm every euro is accounted for.

• NIF

  Número de Identificação Fiscal — Portugal's 9-digit tax identification number required on all invoices and tax returns.

• Conta empresa vs pessoal

  The distinction between a business bank account and a personal account, critical for clean bookkeeping and VAT deductibility.

• Audit pack

  The complete evidence bundle — invoices, receipts, bank statements, and VAT returns — required to support a tax audit.

• Classificação automática

  AI-driven assignment of accounting categories to transactions, eliminating manual chart-of-accounts coding.

• Reembolso pendente

  An out-of-pocket business expense paid personally that is awaiting reimbursement from the company.