Are you doing business in Italy? Are you aware of the new regulation about e-invoicing?
In Italy, the local Budget Law (Legge di Bilancio 2018) mandated B2B e-invoicing on 1 July, 2018 (for public administration subcontractors) and, as of 1 January, 2019, the same obligation will extend to all business sectors including B2C suppliers.
Regardless of what invoice practices you have in place today — paper, EDI, email or scanned — you must migrate to the Italian Fattura-PA XML format by this deadline. Any company that does not comply with Italy’s requirements and issue e-invoices in the required XML format via the government’s IT-platform Sistema di Interscambio (SDI) platform will face heavy sanctions.
Is your company equipped to issue and receive e-invoices?
From SlimPay we want to share with you this guide created by Esker, our partner, to learn the key questions to consider when deciding what vendor to use.
And because it shouldn’t be just by regulation, e-invoicing also offers significant benefits to business, including reduced invoice-related errors, time and cost savings, faster payment, interoperability with any system and global compliance with e-invoicing requirements.
