![]() ![]() ![]() The mandatory content of invoices remains unchanged. To this end, the following mandatory statuses are proposed: accepted, rejected and paid, with the possibility of adding other statuses, such as acceptances or partial payments, if so desired. Invoice recipients will have to report the status of their invoices. However, for the time being, it seems to be a mandatory requirement. It is therefore not out of the question that the electronic signature obligation will ultimately be eliminated. This seems to be a legislative excess that will most likely have no place in the harmonised definition of electronic invoicing that we will see with the European Commission's VAT in the Digital Age (ViDA) proposal. The Spanish legislator adds an additional requirement, which is the electronic signature of each and every invoice. In any case, any e-invoice provider must be able to transform invoices from one format to another. The Spanish administration has the infrastructure for this invoice format perfectly in place, and for this reason, this is its preferred system and mandatory in using the public platform. ![]() With regard to the electronic invoice format, and without going into too many technical details, it seems that the formats accepted will be XML, UBL, EDIFACT messages and, what seems to be the administration's preferred option, the ‘Facturae’ system, which is an electronic invoicing system that has existed in Spain for years for invoices issued to public bodies (B2G). In the case of using a private invoicing platform, a copy of the invoice must always be sent to the public platform. This exchange work will also be available through a public platform provided by the Spanish administration. The platforms must be places that function as a repository of invoices, that can be interconnected among themselves and that can be accessed in order to, in turn, access electronic invoices. In relation to the aforementioned invoicing platforms, their task will be to issue invoices for private platforms that wish to offer this service, but, above all, to exchange them. It is important to mention that this type of invoice is common in B2C transactions, but in Spain it is also possible to issue them in B2B transactions, provided they do not exceed certain amounts. The new electronic invoicing obligation will not apply to ‘simplified invoices’. ![]() Forcing non-resident entities in Spain to access them seems to be an unnecessary complication. The meaning of this is that, as the system is conceived, invoices will be made accessible on various Spanish public and private platforms. In other words, if the issuer or the recipient of the invoice is not a Spanish entity or professional, the new electronic invoicing obligation will not apply. These updated formats make it easier for customers to create invoices, especially with simplified web applications, while still allowing for various accounts payable departments to process them easily.Įlectronic invoicing adoption is increasing throughout the world, with governments, such as the EU, encouraging businesses and government bodies to utilize electronic invoices.Firstly, everything seems to indicate that the obligation will affect invoicing between businesses or professionals (B2B) when both are established or domiciled in the Spanish territory. Options include creating and sending invoices in CSV, PDF and XML formats. This means that different countries or regions will have different formats for their electronic invoices. The standards for electronic invoices come from the Electronic Data Interchange standards, which lists the rules for how electronic invoices should be created and transferred. However, electronic invoicing, also known as e-invoicing or e-invoices, are increasing in popularity as a more efficient means of sending invoices.Īlthough to many, electronic invoices may simply mean a scanned form of a printed invoice, electronic invoices have standards that can vary widely from country to country. The still-standard form of an invoice is one printed on paper and submitted along with, or after, the goods are delivered or the services rendered. What is an Electronic Invoice (E-invoice)?Īn electronic invoice (e-invoice) is sent electronically over the internet, rather than being paper-based, and can be easily integrated into a customer's accounts payable system. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |