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.