With the General Communiqué numbered 507 of the Tax Procedure Law (VUK) and related regulations implemented by the Ministry of Treasury and Finance, an important transformation process has been initiated in the world of food and beverage and payment systems. Within the scope of this regulation, which aims to accelerate the digitalization of businesses and effectively reduce the informal economy, the integration of EFT-POS devices and payment recording devices (ÖKC) has become mandatory. It has been made mandatory by law for all taxpayers to switch to these devices called “new generation cash registers with POS features” or Android-based ÖKC software.
The Law Made It Mandatory, So Are Businesses Ready?
The starting date of this legal obligation introduced with the VUK 507 circular was determined as July 1, 2024, and the period granted to businesses for compliance ended on January 10, 2025. As of this date, restaurants are obliged to use a new generation cash register with EFT-POS features in accordance with legal regulations.
This regulation aims to prevent tax losses and evasions by ensuring that collections made through mobile POS devices used by businesses are reported to the Revenue Administration (GİB) in a transparent manner. Although the regulation provides conveniences such as the removal of the requirement to have a physical POS device and the ability to receive payments even through Android-based devices, many businesses have still not taken the necessary steps for legal compliance despite the deadline.
What Awaits SMEs That Missed the Next Generation Cash Register Transformation?
With the end of the legal period, businesses that have not completed the new generation cash register transformation and continue to use old type devices face significant risks. Emphasizing that this transformation is not only a technical necessity but also a strategic step for the future of businesses, NarPOS Co-Founder and CEO İlyas Akça“January 10, 2025 was a clear turning point for legal compliance in this area. As we see, hundreds of thousands of devices still need to complete this transformation. Businesses that do not comply with legal regulations risk facing serious penalties for irregularities. The Ministry of Treasury and Finance has tightened its controls in this regard,” he said.
Pointing out that the new generation cash register transformation is an important opportunity for businesses to keep up with the competitive conditions of the age, paleHe continued his words as follows: “Businesses that do not take steps towards digitalization fall behind in the competition by falling behind in operational efficiency, reducing error rates, managing their stocks correctly and, most importantly, providing fast and modern experiences to their customers. Continuing to work with old-fashioned methods carries both legal risks and poses a serious obstacle to the growth and profitability of businesses.”
Defining the new generation cash register transformation as an opportunity for businesses to consider digitalization as a whole pale“The new generation cash registers should not be seen as simple payment receiving devices. When designed correctly, they can be a starting point for digitalizing all processes of the business, from stock tracking to sales analysis, from e-document integration to reporting.” he said.
The Impact of POS Regulation Compliance on the Economy
The VUK 507 regulation and the proliferation of new generation cash registers will also have significant effects on the country's economy at the macro level. These regulations will directly contribute to the reduction of the informal economy by making financial transactions more transparent in many areas, especially in the food and beverage sector. The increase in recorded transactions will allow the tax base to expand and thus public revenues to increase.
Highlighting the impact of regulation on transparency and welfare pale“This transformation, in addition to increasing the state’s tax collection efficiency, reduces unfair competition in the sector and paves the way for transparent businesses that comply with the rules. Digitalized and fully legally compliant businesses not only provide efficiency within themselves, but also contribute to a more equitable and registered economic structure. This contribution is a development that will benefit the entire sector and the country’s economy in the long run.”
Digital Transformation and Adaptation Process Management with NarPOS
In the mandatory transformation process brought about by the Tax Procedure Law, it is of great importance for businesses to choose the right technology business partner. Offering end-to-end digital automation solutions for the food and beverage and service sectors, especially the food and beverage and accommodation sectors, NarPOS helps businesses get through this process smoothly with its new generation cash register and POS solutions compatible with VUK 507.
Thanks to NarPOS’s hybrid structure that combines cash register POS, handheld terminal and business management in a single device, businesses can manage all their operations efficiently and in accordance with legal regulations, from taking orders to instantly issuing official receipts, accepting payments and tracking stock. NarPOS solutions, which can work integrated with banks and financial institutions, enable businesses to increase their operational efficiency and competitiveness while ensuring legal compliance.
Source: HORECA TREND and NarPOS