Technology Update
Our present is the best guarantee for the future
Ready for real-time invoice data reporting?
06/03/2018
Tax agencies around the world are moving towards electronic tax compliance. However, in a global market like today’s, each country continues to develop its own standards. This hinders the adaptation for companies that find technology both a challenge and an opportunity in equal measures.
The big challenge for global companies is dealing with local tax compliance. Local tax compliance force companies to have several technology solutions, one for each country. This doubles the effort, and spreads management resources thinly. This prevents businesses taking advantage of the potential of automation.
How to be VAT compliant worldwide from one single platform?
To overcome this hurdle, we have created the EDICOM Platform, a global solution for B2B2G e-communications. Through the platform, companies can engage in EDI, e-Invoicing and electronic VAT returns in any region worldwide. This way, it is possible to centralize all transactions in a single platform, streamlining tasks and cutting costs.
You can find out more about the solution in our White Paper on Global VAT Compliance.
Check out some countries with electronic VAT systems
Spain: The SII real-time electronic VAT system has been up and running since July 1, 2017 for approximately 62,000 companies. On July 1, 2018 a new version of the schemas comes into force, although it will coexist with version 1.0 for a few weeks. With our solution EDICOMSii you can automate the entire process of delivering information to the AEAT, from generation of standard XML file to submitting the books to the Tax Agency’s e-Office, as well as certified safekeeping of documents under special security conditions in individual files which allow quick access to any record.
Hungary: Electronic real-time invoice data reporting system RTIR comes into effect as of July 1, 2018, mandatory for bills with over 100,000 HUF (approx. EUR 320) in VAT. The EDICOM solution fully automates communication with the tax authority, both for sending the invoice reports and integrating the NAV responses in the ERP. Our solution can transform data from any management system: SAP, Microsoft Dynamics, Sage, etc. Implementing the solution takes place in the cloud, so there is no need for any local installation by the client. Our platform guarantees security and confidentiality of the transmitted data, thanks to the different Information security certificates held.
Poland: A progressive adaptation of the VAT book declaration system through SAF-T is up and running. Bigger companies have been moved to the new system since July, reporting their VAT returns electronically using the JPK_VAT file monthly, before the 25th day. The obligation affects all companies registered in Poland for tax purposes, even though they may have no physical office in the country. EDICOM has already developed an e-Solution that automates generation and sending of the JPK_VAT file. Now businesses can easily comply with the Polish regulation, while simplifying their transactions with the Tax Authority.
Contact our team of experts to receive assessment on the best solution for your business.
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Cloud Computing B2B Cloud Platform EDI ASP-SaaS e-Invoicing GDSN VMI EMCS VAN OFTP2 AS2 Certification Authority Digital Signature Outsourcing SLA Software EDICOM Events Expert Chat SaaS-ASP Corporate Information HUB GS1 CFDI PAC APP Associated Facturae Data Sync NOM151 partners EDICOM Retail public administrations Acreditations Web Portal EDI NF-e einvoicing Partner Web Portal SAP EDI Health Edicomdata ediwin CRP EBI Facture Demat ei Payroll Portal EDI Travel B2B EDICOMNet edi logistics SAFT-PT Ticket Portal Avaluos business@mail EDI Manufacturers CT-e NFS-e TSD UE 1169/2011 epayrolls SEPA factura electronica Conservazione Sostitutiva edi automotive customer support center comprobante de pago CAE rg1169 e-billing DTE e-awb fattura pa comprobantes fiscales electrónicos UE 1169/201 report nfc-e einvo contabilidad electronica CFE comprobante fiscal electronico Portail Chorus compliance eAWB xml-cargo peppol edicom air iata e-cargo facturación electrónica IVA Cargo-XML EDICOMAir SUNAT Perú SEE Business Mail Payrolls recibos de sueldo EDI Auto b2g eprocurement IVA ELECTRÓNICO sii PCRDD SII AEAT Expert Analysis Switzerland NHS edi academy comercio exterior EDICOM LTA sat event TURKEY paperless OFTP EDI Web facture électronique dématérialisation fiscale carrefour colombia CFDI Nóminas DIAN México SAF-T VAT Poland DESADV ASN Fatture B2B Costa Rica Chorus Pro AIFE facture électronique en France Administration Publique en France facture électronique en Europe moda Italia interoperabilidad suministro inmediato de información european union digitalización settore sanitario openpeppol european einvoicing global einvoicing electronic invoice billentis report informe billentis factura electrónica ecuador edicom sii norway VAT compliance tax administration franco-german einvoicing españa air freight sector UNCTAD aviso de expedición Advanced Shipped Notice Despatch Advice peppol network peppol standards peppol european union chile tendencias interoperability interconexión chorus factuurcongress SINTEL Brasil interoperabilidade foreign trade nhs e-procurement strategy peppol access point e-procurement trends digitization digital transformation SaaS edicomsii MMOG/LE latam global einvociing cybersecurity EDI financeiro white paper factura electrónica colombia fintech Govein fashion eIDAS e-archiving ebimap SME EDICOMLta e-commerce EDI financiero russia fattura b2b B2B e-Invoicing GDPR RTIR FACe FACeB2B portugal blockchain ItalyNSO B2G e-Invocing business@mailPharma vat compliance ar EDIHOSP GOVEIN19 EDICOMSignADoc
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