Taiwan and e-Invoice
Taiwan Makes e-Invoicing Obligatory for All Taxpayers Since January 2021, any foreign or national company has to issue an e-invoice. Failure to comply may mean…
India and e-Invoice
A GST (Goods and services tax) invoice is an invoice or document for the products or services that a vendor or service provider offers to…
Electronic Invoicing in Saudi Arabia
The Saudi Arabian General Authority of Zakat and Tax (GAZT) regulated the use of e-invoices in the Electronic Invoicing Regulation. In the context of regulations…
China’s Fapiao Invoice System
China’s fapiao invoice system is a legal receipt that serves as evidence for purchase of goods and services. However, the largest fapiao invoice system is…
Singapore | E-invoice
In 2018, Singapore government decided to develop e-invoice system using European standards and PEPPOL network to increase international trade. In this context, the Information Communication…
Uzbekistan | E-Invoice
Ministry of Finance (MoF) works within the framework of Regulation No. 522 to reduce the informal economy and prevent corruption. To this end, transition to…
eInvoicing Formats in Germany
The eInvoice Act (eRechnungsgesetz) and the eInvoice Regulation (eRechnungs-Verordnung), which came into force in Germany in April 2017, made eInvoicing mandatory for all federal contracting entities, regardless of the invoice…
What is Factur-X
AIFE (French State Financial Information Agency), responsible for Chorus Pro, integrated Chorus Pro Factur-X as a hybrid format. On March 24th, 2020, FNFE-MPE and FERD released a joint version that…
ZUGFeRD
The new version of ZUGFeRD, ZUGFeRD2.1.1, is available with the XRechnung profile. The new profile meets the specific requirements of the public administration in Germany, as it also includes the…
What is an e-invoice?
While renewed technology and many applications in the developing world enter into our lives, it provides a more comfortable life and provides certain conveniences in business life. Thanks to the…
How to Ensure Compliant E-Invoicing
Why is e-invoicing compliance important? For our clients, e-invoicing compliance is a ‘necessary evil’, as they need to be able to handle VAT and other taxes correctly in order to…
How to Fill Despatch Note
One of the most frequently encountered documents for those dealing with trade is the despatch note. Despatch note is a document used for the transportation of a good for sale…
Is Your SAP System Holding You Back? The Hidden Costs of Customization
Is Your SAP System Holding You Back? The Hidden Costs of Sap Customization In the SAP world, there’s a common problem with organizations heavily customizing their systems rather than embracing…
Key Differences Between SAP ECC and SAP S/4HANA
Among SAP’s enterprise resource planning (ERP) software, SAP ECC (Enterprise Core Component) and SAP S/4HANA (Business Suite 4 SAP HANA) are the main systems. SAP S/4HANA is presented as the…
Is Your Business Ready for SAP S/4HANA Migration? Key Factors to Consider
Is Your Business Ready for SAP S/4HANA Migration? Key Factors to Consider Migrating to SAP S/4HANA offers significant opportunities for businesses to streamline processes, gain real-time insights, and drive innovation.…
The Importance of SAP Activate Methodology for SAP S/4HANA Migration
The Importance of SAP Activate Methodology for SAP S/4HANA Migration SAP Activate has been designed to improve the project management quality of any SAP project. By following the methodology’s roadmap,…
Simplifying Business Integration with SAP PI/PO
In the dynamic world of enterprise technology, streamlining business processes and ensuring efficient data exchange is crucial for organizations to thrive. SAP PI/PO (Process Integration/Process Orchestration) emerges as a robust…
Streamlining Data Integration with Melasoft’s SAP PI/PO Consultancy Services
In today’s digitally-driven business landscape, seamless data integration and efficient communication between systems are essential for organizations seeking to maximize operational efficiency and stay competitive. SAP PI/PO (Process Integration/Process Orchestration)…