Post by account_disabled on Dec 4, 2023 8:10:40 GMT
The new year opened with great news for self-employed workers with a VAT number and for small businesses: the entry into force of the electronic invoice between private individuals. The obligation for electronic invoicing came into force on January 1st. A real revolution that puts the paper invoice into retirement with a view to ensuring greater traceability of all transactions and freeing offices from tons of paperwork.
If on the one hand electronic invoicing Special Data promises simplification, on the other it is important to get up to speed immediately. The old paper invoices are now no longer valid and it is as if they had never been issued. WHAT IS ELECTRONIC INVOICING AND HOW DOES IT WORK? Electronic invoicing is a digital system for issuing, transmitting and storing invoices which must comply with certain legal requirements. The new process for issuing an invoice involves 3 main phases: 1. Creation of the invoice in XML format using electronic invoicing software. 2.
Transmission to the Exchange System (SDI) of the Revenue Agency. 3. Digital preservation for at least 10 years. Electronic invoicing therefore radically changes the way invoices are managed. As we have seen , to create an invoice you need to rely on an electronic invoicing service and correctly fill in all the required fields. Once the invoice has been created and converted into XML format , it will then be transmitted to the Revenue Agency via the Exchange System (SDI). The Exchange System acts as a hub between the parties interested in invoicing and has the task of verifying the correctness of the document received and sending it to the recipient.
If on the one hand electronic invoicing Special Data promises simplification, on the other it is important to get up to speed immediately. The old paper invoices are now no longer valid and it is as if they had never been issued. WHAT IS ELECTRONIC INVOICING AND HOW DOES IT WORK? Electronic invoicing is a digital system for issuing, transmitting and storing invoices which must comply with certain legal requirements. The new process for issuing an invoice involves 3 main phases: 1. Creation of the invoice in XML format using electronic invoicing software. 2.
Transmission to the Exchange System (SDI) of the Revenue Agency. 3. Digital preservation for at least 10 years. Electronic invoicing therefore radically changes the way invoices are managed. As we have seen , to create an invoice you need to rely on an electronic invoicing service and correctly fill in all the required fields. Once the invoice has been created and converted into XML format , it will then be transmitted to the Revenue Agency via the Exchange System (SDI). The Exchange System acts as a hub between the parties interested in invoicing and has the task of verifying the correctness of the document received and sending it to the recipient.