UN/CEFACT releases new eInvoice standard

October 13, 2009  |  Electronic Invoicing, Publications
UN/CEFACT releases new eInvoice Standard
to enhance links between business and financial supply chains
12 October 2009
The United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT) has just approved the Cross Industry Invoice (CII) Version 2.0 standard to enhance links between the business and financial supply chains and enable cross-industry and cross-domain interoperability. This common global standard is based on a set of business requirements from different industries and stakeholders in both the private and public sectors.
The CII, which is an electronic document exchanged globally between trading partners with a prime function as a request for payment, is an important accounting document and has potential legal implications for sender and receiver. It is also typically used as the key document for Value Added Tax (VAT) declaration and reclamation, for statistics declarations, and to support export and import declarations in respect of international trade.
The CII addresses the strong business need for large scale implementation of eInvoicing, in particular, offering valuable assistance for business and governments in exchanging structured data. It has international application and also supports the requirements of the European Commission Expert Group on eInvoicing. It will be complemented by a series of additional UN/CEFACT standards covering core supply chain processes including Quotation, Scheduling, Catalogue, Ordering and Despatch Advice.
The release of the second generation of the Cross Industry Invoice, together with ongoing work within the UN/CEFACT Forum, was welcomed by the CEN/ISSS Workshop/BII (European Committee for Standardization Information Society Standardization System Workshop on Business Interoperability Interfaces on public procurement in Europe) as it allows them to move forward with their work on Implementation Verification of key business documents for use in procurement within Europe.
The above work was finalized on September 30th at the UN/CEFACT Forum in Sapporo Japan, attended by over 200 experts from over 30 countries.
The CII Schema is available from the UNECE website at: http://www.unece.org/uncefact/data/standard/CrossIndustryInvoice_1p0.xsd

The United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT) has just approved the Cross Industry Invoice (CII) Version 2.0 standard to enhance links between the business and financial supply chains and enable cross-industry and cross-domain interoperability. This common global standard is based on a set of business requirements from different industries and stakeholders in both the private and public sectors.

The CII, which is an electronic document exchanged globally between trading partners with a prime function as a request for payment, is an important accounting document and has potential legal implications for sender and receiver. It is also typically used as the key document for Value Added Tax (VAT) declaration and reclamation, for statistics declarations, and to support export and import declarations in respect of international trade.

The CII addresses the strong business need for large scale implementation of eInvoicing, in particular, offering valuable assistance for business and governments in exchanging structured data. It has international application and also supports the requirements of the European Commission Expert Group on eInvoicing. It will be complemented by a series of additional UN/CEFACT standards covering core supply chain processes including Quotation, Scheduling, Catalogue, Ordering and Despatch Advice.

The release of the second generation of the Cross Industry Invoice, together with ongoing work within the UN/CEFACT Forum, was welcomed by the CEN/ISSS Workshop/BII (European Committee for Standardization Information Society Standardization System Workshop on Business Interoperability Interfaces on public procurement in Europe) as it allows them to move forward with their work on Implementation Verification of key business documents for use in procurement within Europe.

The above work was finalized on September 30th at the UN/CEFACT Forum in Sapporo Japan, attended by over 200 experts from over 30 countries.

The CII Schema is available from the UNECE website at:

http://www.unece.org/uncefact/data/standard/CrossIndustryInvoice_1p0.xsd


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