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The European Commission Approves the List of Syntaxes for the Electronic Invoicing

18/10/2017

syntaxes for the electronic invoicing

The European Commission, following its objective of promoting the uptake of electronic invoicing within its Member States, has published the official syntax list for the development and implementation of e-Invoicing based on the Assessment of the European Standard on electronic invoicing, according to Directive 2014/55/EU. The document can be read here.

The European Committee for Standardization (CEN) was asked to develop this e-Invoicing standard and to carry out the tests with respect to its practical application for an end user. The two approved syntaxes are:

  • UN/CEFACT Cross Industry Invoice XML message as specified in XML Schemas 16B (SCRDM — CII).
  • UBL invoice and credit note messages as defined in ISO/IEC 19845:2015.

 

How will it impact on businesses?

The main goal of this European framework is to guarantee the semantic interoperability. The benefits of electronic invoicing are maximized when the generation, sending, transmission, reception and processing of an invoice can be fully automated.

Many of the European Union Member States have already implemented e-Invoicing of a compulsory nature between the public sector and its suppliers, with the aim of simplifying tax compliance and cutting economic costs. This is the case of Spain, Portugal, Italy, or France. However, in each of these countries, the technical and legal requirements of this model are different, so interoperability between the states poses a challenge.

Read the complete article here.

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