- Businesses in the US have not fully embraced electronic invoicing compared to payment automation.
- The EDI 810 invoice syntax, which is based on the ANSI X12 standard and is 50 years old, is still widely used.
- Sending PDFs by email is not considered e-invoicing. The Business Payments Coalitions (BPC) is an organization that promotes electronic B2B payments, remittance data, and invoices. They were behind the initiative to create a standard for the e-Invoice Exchange Framework called DBNA. This framework aligns with the Global Interop Framework standard implemented by Peppol and GENA.
- The differences between GENA, Peppol, and BPC are minimal, with some variations in versions and envelope formats. DBNA has a federated governance approach for participant registration, while GENA and Peppol have a centralized agency. The invoice definition will be in XML using UBL syntax, derived from Peppol International Invoice.
- …
Source Axway
Click on the logo to visit the website
- See also Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "United States"
- South Dakota Supreme Court Expands Use Tax to Stored Out-of-State Materials After Ellingson Ruling
- South Dakota Clarifies Use Tax Requirements for Out-of-State Materials
- Digital Advertising Services Taxes: States Catch Up and Look Ahead
- Understanding Utility Sales Tax Exemptions: Are Your Business Utilities Tax-Exempt?
- Are Shipping Charges Subject to Sales Tax in South Carolina?
