Electronic invoicing - with the aid of an e-invoicing portal - transforms traditional paper invoicing to a digital alternative. This process of digitization simplifies the entire invoicing process, reduces risks, and eliminates costs: * Bookkeeping systems automatically read the invoice data and match it against contracts and work orders; * The system…
138 posts tagged
E-invoicing
E-invoicing in Saudi Arabia: A Complete Guide for Businesses
The e-invoicing system in the Kingdom of Saudi Arabia is designed to phase out paper invoices. Introduced by the Zakat, Tax, and Customs Authority (ZATCA), the initiative will help businesses and customers interact more seamlessly and securely.…
SETU Invoice (Everything you Need to Know)
A SETU invoice is a standardized electronic invoicing format for the staffing industry in the Netherlands. SETU invoices are used by organizations in the staffing industry.…
New Japanese Invoicing Requirements for Consumption Tax (Deadlines & More)
The JCT law will be effective from October 1, 2023, and you should set everything in motion before then. Tax compliance requirements can be quite complicated for businesses.…
Belgium B2G Mandatory E-Invoicing (Deadlines 2022)
The Belgian government introduced mandatory e-invoicing for B2G transactions due to Belgium's VAT gap, estimated in 2019 as 12.3% of lost VAT (about EUR 4.4 billion). Learn more.…
B2B Invoicing Becoming Mandatory in Spain (Complete Guide)
B2B Invoicing is becoming mandatory in Spain. The Congress has approved the law for the Creation and Growth of Companies in Spain. Hence, the country has begun implementing a nationwide e-invoicing adoption.…
What Is An Electronic invoice? - The Complete Guide To E-invoicing
From contracts to purchase order, the world of business has traditionally revolved around the use of paper documents. Unfortunately, paper-based solutions can be very inefficient because they use a lot of space and make document retrieval challenging. Additionally, paper documents are difficult for transnational organizations to manage since they often…
Qatar Invoice: Streamlining E-invoicing and E-procurement Processes
By using e-invoicing, you can connect with any organization at the international level. The service promotes interoperability between administrations and suppliers for convenient data communication services. It is a great way to make procurement between B2B and B2G participants.…
E-invoicing and E-procurement Regulations in Vietnam
The Vietnam government has implemented a mandatory e-invoicing and e-procurement system from July 1, 2022. It is crucial for your business to develop an infrastructure that is aligned with the legal framework set by the authorities.…
Peppol in Luxembourg: E-invoicing Becomes Mandatory for Medium-Sized Companies
Luxembourg is shaking up the invoicing process by making B2G invoicing mandatory for medium-sized companies. Starting on October 18, 2022, medium-sized companies in Luxembourg will be required to issue invoices electronically.…