E-invoicing is no longer a niche topic in Europe. With Directive 2014/55/EU and the technical standard EN 16931, the EU has created a common framework - but in practice, the picture is much more complex.
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Read MoreService description in the e-invoice: How much detail really needs to be included?
The introduction of the mandatory e-invoice shifts the focus away from the mere PDF towards structured data. This is particularly noticeable in the service description: what was previously often outsourced to attachments, service specifications or delivery notes must now at least essentially be in the data file of the e-invoice itself.
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The basic topic of mandatory e-invoicing has now arrived in most companies. The real uncertainty today lies elsewhere: in the details
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Read MoreVerifactu in Spain: the new invoicing obligation
Spanish companies are facing a turning point in their digital accounting.
Read MoreThe e-invoicing regulations in Europe
Electronic invoicing is no longer a topic of the future, but is becoming a legal requirement in many European countries. Driven by EU initiatives such as ViDA (VAT in the Digital Age), a patchwork of national regulations with an increasingly binding character is emerging. For companies - especially SMEs - this means that the transition from paper-based or PDF invoices to structured, machine-readable e-invoices is no longer optional, but a regulatory necessity
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With Feature Package 2508 for SAP Business One 10.0, SAP is clearly focussing on the web client - and delivering numerous improvements that make day-to-day work in the areas of finance, sales, purchasing, administration and data analysis noticeably easier.
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