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115 posts by author

Lorea Lastiri

enE-invoicingUSA

The Role of E-invoicing in U.S. Digital Tax Reporting

by Lorea Lastiri on December 15, 2024

Most countries worldwide are working towards real-time tax compliance to help reduce evasion and fraud. They are mandating e-invoicing, allowing them access to transactions and participant information. Moreover, it streamlines business operations by increasing accuracy and saving time.…

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enE-invoicingUSA

How U.S. Small Businesses Can Transition to E-invoicing (Common Mistakes to Avoid)

by Lorea Lastiri on December 07, 2024

Electronic invoicing is not currently mandatory in the United States. However, global changes in document digitization significantly impact American companies that run international businesses and strive to optimize invoicing costs.…

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enE-invoicingUSA

Key Differences Between B2B and B2G E-invoicing Transactions in the U.S.

by Lorea Lastiri on November 30, 2024

The Business Payments Coalition (BPC) and the Federal Reserve launched the project to try and overcome the challenges of implementing a nationwide e-invoicing mandate. In this post, we’ll discuss B2B and B2G electronic invoicing in the US, their key differences, and their benefits.…

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enE-invoicingMalaysia

A Step-by-Step Guide to Implementing E-invoicing in Malaysia for 2025

by Lorea Lastiri on November 23, 2024

In this post, we’ll discuss the e-invoicing process in Malaysia, including requirements, implementation timeline, transmission method, challenges businesses may face, and benefits they will reap. We’ll also provide a step-by-step guide to help you implement electronic invoicing in Malaysia.…

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enE-invoicingGermany

E-invoicing for B2B vs. B2G Transactions in Germany: Key Differences and Benefits

by Lorea Lastiri on November 15, 2024

Germany is currently moving towards full digitization. The country already has a B2G e-invoicing mandate and is about to embrace mandatory electronic invoicing in B2B transactions. This means businesses of all shapes and sizes will be required to send and receive invoices electronically.…

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enE-invoicingGermany

Ensuring E-invoice Compliance for Cross-Border Trade in Germany

by Lorea Lastiri on November 09, 2024

The progress of B2G e-invoicing adoption in Germany depends on every federal state (Bundesland) issuing its own regulations for formats, entry points, and communication systems. The only mandatory requirement is that these processes be accessible through PEPPOL.…

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enE-invoicingGermany

Top Benefits of E-invoicing for German SMEs: Streamline Operations & Boost Efficiency

by Lorea Lastiri on November 02, 2024

The German Bundestag passed the Growth Opportunities Act on 17 November 2023. After various amendments and revisions by the Federal Council, the law received final approval on 21 February 2024. The Growth Opportunities Act will be implemented on 1 January 2025, with the last phase beginning in 2028.…

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enE-invoicingGermany

How German SMEs Can Transition to E-invoicing: A Practical Guide

by Lorea Lastiri on October 26, 2024

As the digitization of business processes becomes prevalent, paper invoices are taking a backseat to electronic formats. Federal authorities in Germany are set to introduce e-invoicing systems to non-governmental business transactions.…

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enE-invoicingMalaysia

15 Top Benefits of E-invoicing for Malaysian SMBs: Streamline Operations & Boost Efficiency

by Lorea Lastiri on October 20, 2024

The Inland Revenue Board of Malaysia (IRBM) announced the implementation of e-invoicing to enhance the transparency and efficiency of Malaysia’s tax administration and streamline invoicing processes. The authority intends to implement the initiative in phases.…

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enE-invoicingBelgium

Belgium’s Approach to E-invoicing: Key Insights for Businesses

by Lorea Lastiri on October 13, 2024

The country will benefit from an electronic record of sales invoices (including VAT owed), give it greater visibility of taxes it is due to collect, and make it easier to identify and act upon instances where these taxes are not submitted to the tax authority.…

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