What’s the difference between e-invoicing and real-time reporting?

Many governments worldwide have electronic invoicing (e-invoicing) mandates, and real-time reporting requirements are on the rise. These two terms are often mistakenly treated as synonyms, but while related, they’re not the same. Both can be part of one system — but also implemented independently.

Though there are no e-invoicing or real-time reporting decrees in the United States at this time, they’ll likely hit these shores eventually. In the meantime, U.S. companies often need to navigate e-invoicing and real-time requirements when doing business abroad.

Source Avalara

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