Posts

Showing posts from January, 2022

E-invoicing in Italy: A closer look at the SDI

Image
Italy has made e-invoicing, or electronic invoicing, a public requirement. Now it is moving to digitize B2B invoices. Any company that issues invoices to third parties starting January 1, 2019 will have to submit them to the central SDI platform (Sistema di Interscambio). How does it work? What are the submission steps? We will provide you with all the technical details required to create and send electronic invoices in Italian Who is it for? What is its scope Hydrocarbon suppliers (natural gas, oil) and companies that depend on subcontractors for responding to public tenders are now required to issue invoices electronically. Every company must comply from January 1, 2019, regardless of the activity it is: B2B or B2C (a relationship between companies and public authorities).  The SDI: A system that verifies and transmits electronic invoices SDI Italy (Sistema di Interscambio), which allows invoices to be validated and sent to their recipients. Agenzia delle Entrate manages the sys...

6 questions to ask about e-invoicing Saudi Arabia

Image
  E-invoicing in Saudi Arabia Businesses must act quickly to meet the E-invoicing Saudi Arabia deadline of 4 December 2021. This mandate was introduced by the Zakat, Tax and Customs Authority (ZATCA). Suppliers will be no longer allowed to store, generate, or store paper, image format, or PDF invoices. During the preparation and selection of the mandate, clients frequently had questions about the new law. Let's discuss these with you below. 1. We are open to using any software or ERP system to fulfill e-invoicing criteria Yes, you can use any software and ERP system provided it meets the requirements of different regulations (e.g. e-invoices, VAT, Cloud Computing and Cyber Security. There are three things you need to do first if we are talking about the ability of your ERP system to streamline your processes. It can create an electronic invoice database. Is it possible for a technical interface to be created? Does my software deliver Arabic content? Storecove ...

How Can Peppol Make It Easier For You To Save Money On Your E-Invoicing

Image
Given the increasing use of digital technology in all aspects of work, e-invoicing seems like a standard. Surprisingly, this is not true in all advanced countries. there is uneven adoption across continents of electronic invoicing. Man business still send and get invoices via email, or PDFs or postal mail. This is an issue, especially with global procurement on rise. Peppol is a set of common standards for transport protocol, business document libraries and interoperability that allows companies in both the public and private sectors to work together.   Continue reading to find out more about   Peppol   and the benefits it offers your business. The components in the Peppol network The Four-corner model -- This central feature in the Peppol network allows one party to reach the other easily.   The Two-corner network provides a direct link between two parties.   The Three-corner network, which is closed and where one service provider handles all transactio...