Producer-Receipt-Based Working Capital Financing

A producer receipt is a document issued for commercial transactions conducted between farmers and producers—whether they maintain bookkeeping records or not. Under Law No. 5957, taxpayers are required to issue their producer receipts in the form of electronic producer receipts (e-Producer Receipt / e-Müstahsil Makbuzu).

First- and second-class merchants, those whose earnings are determined under a simple method, and farmers who are obligated to keep books must issue a producer receipt in two copies when paying for goods (such as agricultural products, milk, etc.) purchased from farmers who are not subject to taxation under the real method. One of the copies is signed and given to the selling farmer, while the other copy is signed by the selling farmer and retained. The copy of the producer receipt retained by the merchant or buyer farmer serves as a document equivalent to an invoice.