Archive for Europe
Macedonian VAT laws have undergone a number of revisions in 2014. Published in the Official Gazette no. 130/2014 and effective as of 11 September 2014, the new Law on VAT makes VAT registration mandatory for companies with a turnover starting from USD 20,000. Also the new laws allows for e-invoicing as from March 2015. Albeit not in compliance with EU provisions on electronic invoicing.Read More
It is estimated that with Facturae they would have saved roughly 40,000 Euro. For this reason, the provincial agency is promoting several information sessions for businesses and local authorities, to help promote electronic invoicing, even before the compulsory start-up scheduled for January 15, 2015.Read More
To help roll out Facturae more smoothly, EDICOM made a video that sums up in just 2 minutes everything you need to know about Facturae before taking the technological leap. In it, Miguel Soler, Pre-sales Department Manager from EDICOM, explains Spanish B2G e-invoicing, what its advantages are and how to ignite adoption.Read More
ACCA- the Association of Chartered Certified Accountants- is the global body for professional accountants. And this summer 2014, ACCA updated and substantially expanded its estimates of e-invoicing adoption among UK SMEs, resulting in this very interesting report, called: E-invoicing Adoption by UK SMEs: 2013–14 Estimates.Read More
It (1) lays down conditions for mutual recognition of electronic identification, (2) sets rules for trust services, in particular for electronic transactions, (3) creates a legal framework for electronic signatures, seals and time stamps, electronic documents and (4) deals with electronic registered delivery services and certificate services for website authentication.Read More
The acquisition is aimed at setting new standards for financial processes. OpusCapita, with operations in nine European countries, has a strong vision and competence in providing financial processes for its customers, either outsourced or as a service. Norion Group has worked towards redefining accounting by creating a new, unique value offering particularly for small and medium-sized businesses.Read More
On the Tungsten Blog, Charles Bryant posted an interesting article about the way e-invoicing is excuted in Mexico. As the title suggests, Charles Bryant carefully explores whether Europe should follow this approach.
All in all it is intriguing to ask whether the current path of EU liberalised e-invoicing (without B2B mandates) should perhaps be flipped for a path where mandated e-invoicing and fiscal efficiency go hand in hand.
Basware has expanded its relationship with a major global brewer and signed an agreement for the delivery of e-invoicing services in Denmark. The agreement is an extension to the current e-invoice sending solution that provides a fully outsourced service including printing and activation services. The value of the agreement is EUR 600,000 over three years.
Esa Tihilä, CEO, Basware Corporation:
- “Our customer sends more than 200,000 invoices around the globe annually and is outsourcing the sending of them to Basware to manage on their behalf, allowing the customer to concentrate on their core business.”
- “Where necessary, we will print the invoices for their customers who cannot yet receive e-invoices and in the process enable even more of their customers to adopt and reap the benefits of e-invoicing quickly and easily and generate more value through their participation across the Basware Commerce Network.”
- “We are pleased to continue our relationship with our customer and to further expand support to their financial operations and continue to improve their core financial processes.”
In 2010 the European Commission decide to set up the European Multi-Stakeholder Forum on Electronic Invoicing. The mandate for that forum was applicable until the end of 2013.
The Commission decided some two months ago there should be a second European e-invoicing forum building on the achievements of the first forum, previous activities, existing work and solutions.
Through the Murcia Region portal, the Murcian Health Service now offers its suppliers a platform for the processing of invoices by electronic means, fulfilling the criteria of Law 25/2013, such as the receipt of invoices in Facturae 3.2 format and the creation of a general point of entry for invoices, where the documents will be received and registered.Read More