Archive for Legal
Combating the shadow economy of the Turkish Revenue Administration, the plan contains analysis of the shadow economy, incentives for voluntary tax compliance and increasing auditing capacity.Read More
The supreme court of Austria agreed that customers' legal right to choose their mode of billing was undermined when a provider unilaterally changed their method and forced clients actively to object.Read More
UK Government officials have excluded an e-invoicing standard from a set of illustrative regulations published yesterday. The government said that it wanted to make sure that any new regulations do not have the opposite effect of promoting and increasing the take-up of e-invoicing in e-procurementRead More
Tamas Vekasi from Ernst & Young mentioned in this post that the Hungarian Minister for the National Economy published a decree changing the rules for tax invoices and cash receipts and the rules related to tax authority audits of invoices stored in electronic format, with a widespread effect on enterprises.Read More
Listen to Billy Sparks, Sr. SAP COE Manager Finance of Lexmark International to learn common challenges in Latin America for a SAP Center of Excellence, how to avoid fire drill SAP upgrades due to constant change management in Latin America, and more!Read More
With the announcement of mandatory electronic invoicing in 2014, Chile moves into a unique group of countries focused on driving automation through the economy. With one of the most comprehensive compliance environments in Latin America, it almost always affects your entire operation – including finance, accounts receivable, accounts payable, inbound receiving, and shipping.Read More
A resolution published in the Official Gazette last October sets out the technical requirements for general entry points for electronic invoicing. In this Expert Analysis, EDICOM Pre-sales Manager Miguel Soler analyses the implications of these requirements for Public Administrations and their providers.Read More
Supply chain finance encourages collaboration between a buyer and seller rather than each party working solely for self-interested purposes. Though supply chain finance has been around for a number of years, there's an argument to be made that the government mandated e-invoicing system that's in place throughout much of Latin America may help to further drive financing in the supply chain.Read More
Now this is an interesting news release on the website of Supply Management. It states that the UK Goverment is asking for views on our proposals to make companies report on their payment performance to help create responsible payment practices. The idea behind the consultation is to know if the UK Goverment should ask companies to report on a series of measurements that will tell them about several payment performance indicators.Read More
eFinans has recently acquired its license to become one of the few Turkish e-Archive solution providers. The e-Archive system facilitates the forming, safekeeping, legal presentation and reporting of all B2C and B2B invoices in electronic format.
The system is mandatory as of 1 January 2016 for firms making online sales in Turkey which have a gross sales of-over- 5 million Turkish Lire (1,745 million Euro / 2,234 million US Dollar) in 2014.