What to consider in the e-invoicing process
During the e-invoicing process, the company must look at technical format and syntax requirements as well as requirements connected with document integrity and authenticity. In some countries, there is only one way to fulfil these requirements, while other countries offer a greater range of options. There may also be discrepancies within the same jurisdiction.
The content of the invoice is an important consideration. This includes the minimum content requirements as per the applicable tax legislation, but also industry or buyer specific content requirements.
Some countries require the recipient to send a receipt or some other form of acknowledgement to the supplier or the issuer indicating that they have received the invoice and that it is correct, or that they have received the invoice but it cannot be processed in the received state.