- Introduction of GEBA: The German Electronic Business Address (GEBA) is a new identifier designed for the automated exchange of invoices, facilitating standardization and reducing manual intervention within the digital invoicing ecosystem. It consists of three segments: a company identifier, a differentiator for entities, and an optional operational subdirection for routing messages internally.
- E-Invoicing Obligations Timeline: Germany is moving towards mandatory electronic B2B invoicing, with obligations beginning in 2025 for receiving invoices, followed by a requirement for larger companies to issue invoices by 2027, and a complete mandate for all companies by 2028.
- Preparation for Compliance: Companies operating in Germany should assess their systems for PEPPOL compatibility and prepare their SAP architecture for the upcoming obligations. This transition represents not just compliance, but an opportunity for digital transformation in financial processes, enhancing efficiency in accounts payable, receivable, and document management.
Source Brait
Briefing document & Podcast: Germany E-Invoicing B2B Mandate, Timeline and Compliance – VATupdate
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
- Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
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