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Archive for Asia

The need for permanent monitoring of Russian e-invoicing legislation

October 16, 2015  |  Asia, Electronic Invoicing, Legal

In the first quarter of this year, the Russian Federation Tax Service modified the xml structure of certain e-documents. On February 2, Russia rolled out some changes in the legal waybill. Soon afterwards, on 4 March, the modifications to the e-invoice message came into force....

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Taiwan mandates e-receipts (invoices) for food safety and tracebility purposes

September 2, 2015  |  Asia, Compliance, Electronic Invoicing

On 1 January 2016, firms in the meat, dairy products, lunchbox, genetically modified produce, flour and starch industries will also be required to use electronic invoicing. This very same requirement was placed on the oil industry last year, after a series of tainted oil scandals.

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Indonesia: mandatory e-invoicing as from 1 July 2016

Indonesia: mandatory e-invoicing as from 1 July 2016

August 19, 2015  |  Asia, Compliance, Electronic Invoicing

As from 1 July 2015, taxable companies registered in Java and Bali are required tot use electronic invoices. And as from 1 July 2015 all Indonesian companies are required tot use electronic invoices.

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Case study: Hewlett-Packard relies on Pagero to send e-invoices in 23 EMEA countries

Implementing Pagero’s services has, for HP, contributed to extensive time savings, a strong increase in cash flow and has helped HP gain high flexibility in a diverse market. As well as being able to fulfill every legal and tax requirement encountered.

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Hackers arrested for reducing bills of power corporation customers

May 4, 2015  |  Asia, Electronic Invoicing

Three hackers were arrested in India by a Special Task Force of the Uttar Pradesh police in India for allegedly hacking the UPPCL (UP Power Corporation Limited) online billing system and reducing power bills of consumers.

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The state of E-invoicing and E-transformation in Turkey, an update

This year, 25 thousand new companies will be included in e-Invoice scope in Turkey. Thanks to the conveniences provided to companies, FIT Solutions will continue to grow in direct proportion to the market. Time for an overview.

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Alphamatic Simplifies processing PO’s and invoices through Ariba [Study]

For years, processing purchase orders and invoices at Alphamatic meant tons of paper, delays in payments and errors that required effort-intensive customer follow up. To remedy the situation, Alphamatic decided to joined the Ariba Network. It has quickly seen results.

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Pagero expands reach, opens office in Dubai

March 22, 2015  |  Asia, Electronic Invoicing

Pagero’s services aim to enable companies to digitally communicate business messages with each other, independently of ERP system, industry and transaction volume.

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Bank of China lowers SME credit threshold

Bank of China lowers SME credit threshold

Bank of China had provided loans to more than 8,000 SMEs through 500 supply chain finance projects. The amount of loans increased to nearly 1 trillion yuan ($160 billion) last year from 74 billion yuan in 2009.

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Tungsten gets the go ahead for e-invoicing in India

Tungsten Corporation has received nationwide approval in India to deliver services related e-invoices. Tungsten also helped effect a change in legislation, allowing all service-related invoices to become 'e' in India.

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