Austria SAF-T Process
The Standard Audit File-Tax is a standardized file developed by the OECD that contains reliable data exported from an accounting system. Both the data format…
Romania SAF-T Process
SAF-T is an international standard for the exchange of accounting data from taxpayers to tax authorities. Introduced by the OECD in 2005, the Standard Audit…
SAF-T Process in Portugal
Portuguese SAF-T mandatory for non-resident businesses Standard audit file for tax (SAF-T) will become mandatory in Portugal, as per the State Budget proposal for 2022.…
e-Invoicing in Serbia
With the opening of the last chapters, Serbia, which has taken very significant steps in EU membership, is an essential part of the EU integration…
eInvoicing in Norway
Since 2011, all central public institutions in Norway must receive and process eInvoice. The Norwegian government added to this in 2012 that suppliers of central…
Invoicing Processes in the USA
The Office of Financial Innovation and Transformation (FIT), a public institution operating at the federal level in the USA, determines innovative solutions so that public…
Thailand | E-Invoice
E-Invoicing Process Runs in Thailand The Thai government is working to develop a powerful e-invoicing system using certified service providers. This is a viable alternative…
Paraguay | E-KUATIA
E-Invoice in Paraguay The Paraguayan government has approved the start of a trial program to test the functionality of the new financial document issuing system…
Albania e-Invoicing Process
Albania has begun to review its tax system with its mandatory e-invoicing system. As of July 1, any company performing B2B transactions will need to…
Brazil’s Different Types of E-Invoices
Brazil was one of the pioneers in terms of e-invoicing in Latin America – around the world – as the country introduced a total clearance…
Poland and e-Faktura
Poland is the fourth country in the European Union, after Spain, Portugal, and Italy, to introduce electronic invoicing. The law implementing the e-invoicing directive (2014/55…
Egypt and E-Invoice
Digital Transformation of Egypt Egypt introduced a groundbreaking electronic invoicing (e-Invoice) system last Sunday. Egyptian Finance Minister M. Maait stated that the e-invoicing system, which…
What is SAP?
Introduction SAP SE is a German multinational software company headquartered in Walldorf, Baden-Württemberg, that develops enterprise software to manage business operations and customer relations. The company is best known for its ERP software.…