The Mercurius platform is used in Belgium to handle electronic invoicing from businesses to government agencies, while PEPPOL is the framework that provides standard formats for issuing e-invoices. E-invoices and credit notes must be in the PEPPOL BIS 3.0 document format to be exchanged over the Mercurius platform. The…
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The Full Guide On GST E-Invoicing in India
GST e-invoicing is the submission of electronic invoices for goods and services through the government GST portal. The GST Network will authenticate the B2B invoices and assign a unique identification number to each invoice for businesses with more than ₹50 crore turnover. India's GST e-invoicing took effect on October 1,…
SDI Italy - The E-Invoicing Regulations (And What It Means For Businesses)
SDI (Sistema Di Interscambio) is now operational in Italy, which means that the country will use the e-invoicing Exchange Service for local and international transactions. The e-invoicing regulations became mandatory for all public entities in March 2015. Electronic invoicing regulations (such as the SDI in Italy) simplify and standardize transaction…
PEPPOL E-Invoicing In Japan - Everything You Need to Know
Introducing PEPPOL was one of the first objectives for the E-Invoice Promotion Association (EIPA) ever since its establishment in July 2020. It aims to use PEPPOL for e-invoicing throughout Japan, which means that companies can now use e-invoicing instead of keeping books and maintaining records for taxation. In one of…
Mandatory E-invoicing Regulations in Saudi Arabia - Everything You Need to Know
Following the publication by the Kingdom of Saudi Arabia (KSA) General Authority of Zakat and Tax (GAZT) of the e-invoicing regulations, it seems that, for most organizations, a certain clarity is needed. This article aims to help those who might not understand what the regulations of Saudi Arabia exactly entail,…
Peppol ID Guide: From Registration To Sending Your First Peppol Invoice
A Peppol ID is a unique identification number used by companies and governments to facilitate the exchange of electronic invoices and documents. It is widely used in the EU to ensure that the sender and receiver can easily identify each other when sending important documents and e-invoices on the Peppol…
XRechnung: Everything You Need to Know About the German E-invoice Format
Read everything you need to know about the XRechnung, a German e-invoicing format recently adopted for B2G invoicing in Germany. Paper invoicing vs. Electronic invoicingPaper invoices have long been the norm when doing business around the world. Unfortunately, paper documents introduce a wide range of challenges when doing business, because…
E-invoicing Regulations Per Country Overview
Which E-invoicing Regulation, Format & Network?The whole landscape of global e-invoicing and its regulationsis changing rapidly. There are new laws approved on a monthly basis, new e-invoicing formats joining the list, and new networks created for B2G and B2B connections worldwide (such as Peppol). Unfortunately, a universal approach is…
Censof's subsidiary, ABSS, forms strategic partnership with Storecove
Kuala Lumpur, 19 January 2021 – Censof Holdings Berhad (“Censof” or the “Group”), a technology holdings company specialising in financial management software solutions, through its subsidiary company, Asian Business Software Solutions Sdn Bhd (“ABSS”) has formed a strategic partnership with Storecove, a SaaS e-invoicing solution provider headquartered in The Netherlands and…
5 Advantages of Using an E-invoicing Portal in 2021
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…