Archive for Legal

Turkish Minister of Finance announces more digitisation

Turkish Minister of Finance announces more digitisation

February 22, 2015  |  Compliance, Digitalisation, Government, 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.

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Supreme court Austria agrees: opt-in for B2C e-billing, not opt-out.

Supreme court Austria agrees: opt-in for B2C e-billing, not opt-out.

January 21, 2015  |  Electronic Invoicing, Europe, Legal

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.

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UK Excludes e-invoicing standard from provisional regulations

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-procurement

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Hungary changes rules for tax invoicing

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.

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Case Study: SAP and the LATAM fiscal and e-Invoicing mandates

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!

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Chile DTE & Libros Reporting. Invoiceware has the solution

December 15, 2014  |  Electronic Invoicing, Latin America, Legal

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.

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Expert Analysis: FACTURAE 3.2, Technical Requirements for General Entry Points for E-Invoices (PGEFe)

December 15, 2014  |  Electronic Invoicing, Latin America, Legal

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.

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LATAM E-invoicing mandates drives supply chain adoption

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.

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Consultation: Should UK companies provide payment, e-invoicing details?

December 8, 2014  |  Adoption, Europe, Government, Legal, Payment

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.

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eFinans acquires e-archive license, first step in Turkish B2C e-invoices

eFinans acquires e-archive license, first step in Turkish B2C e-invoices

September 24, 2014  |  Asia, Compliance, Electronic Invoicing, Legal

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.

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