E-Invoice
Satisfying E-Invoicing requirements reliably, quickly and cost efficiently.
E-invoicing, is becoming increasingly important and legally binding in many countries. With the electronic sending of structured billing data companies are obliged to report their invoices to the tax authorities.
One of the main drivers of these legislative initiatives, which are designed differently in the individual countries, is the so-called VAT gap. The VAT gap describes the difference between expected VAT, calculated by the tax authorities, and the VAT actually received by the authorities.
The electronic reporting of invoicing data is just one variation of the increasing digitization and the associated automatic exchange of information with the authorities. In the future, the extension to other tax-relevant business documents is conceivable.
In the context of increasingly stricter legal requirements on the one hand and the continually-growing volume of invoices and its growing complexity due to global trade on the other, Lupus Consulting has developed a fast to deploy, easy to use and cost-effective E-Invoice solution for companies using SAP software.