The proportion of invoices created and sent electronically has increased continuously in recent years.
Electronic processes are time and cost effective. However, in electronic invoicing, the exchange of image files (e.g. PDF) is still widespread, which means that automatic and electronic processing in accordance with the EU standard cannot be fulfilled. With the ZUGFeRD and XRechnung standards, digitization can be further advanced through the use of structured data.
Therefore, many companies and administrations interested in invoice standards ask themselves:
- What is an electronic invoice?
- ZUGFeRD Invoice and XInvoice – What are the differences?
- What does an „electronic invoice“ look like according to the EU standard?
- What are the storage requirements?
This new brochure is intended to highlight the possibilities and problems involved in implementing electronic invoices in your company. The focus is on the receipt and processing of incoming invoices as the first step on the way to further digitization of accounting. The explanations also apply mutatis mutandis to invoicing with credit memos.
I would also be happy to provide you with individual advice.