Italy commits to traceability of invoices in the Public Sector

Piattaforma di Certificazione del Credito

Suppliers of the Italian Public Administration can find out the real-time status of their bills. This is the important new functionality, as of 1 July 2014, of the Credit Certification Platform (PCC) developed by the Ministry of Economy and Finance (MEF). Moreover, this measure is designed to make credit transactions with banking entities easier for suppliers, as they can now provide updated and certified information on the status of their business relations with the Public Sector.

The so-called PCC (Credit Certification Platform) will be operational for both traditionally sent invoices and their electronic counterparts, which are already mandatory for suppliers to the Ministries, Tax Agencies and national social security authorities of the Public Administration. However, whereas paper invoices must be uploaded to the Ministero dell’Economia e delle Finanze (MEF) website manually or by means of a CSV or XML file with a summary of the data, the process with electronic invoices is carried out automatically. This is because the Invoice Exchange System will be connected directly with the PCC. This way, the advantages of electronic invoicing are maximized with no need to carry out any modifications or adaptation.

As stipulated by the legislation, bills registered in the PCC may be found in one or more of the following states:

1. SENT.

2. RECEIVED.

3. REJECTED.

4. ENTERED (if the invoice has been acknowledged by the Administration’s accounting system).

5. DEADLINE (when the deadline to deduct the bill is exceeded).

6. DUE.

7. CERTIFIED (if certification of the credit has been included).

8. PAID.

This commitment to traceability provides an incentive for implementation of electronic invoicing. Without requiring any additional process, it affords suppliers greater protection against Public Sector debts.

Are you ready for e-Invoicing with Public Administration?

Sitio sobre facturae de edicom

Electronic invoicing will be mandatory with the Spanish Public Administration as of January 15, 2015, and there is still a lot of uncertainty around the new Law 25/2013 on promotion of electronic invoicing among Public Administration suppliers and service providers.

There can be no doubt about the obligation for both issuers and recipients to be ready to work electronically in the Facturae format. As of this point is where doubts start to arise. Which version of Facturae do I have to use? Which administrations are ready to receive e-invoices? What sort of control do I have over invoices sent? Where should I send my electronic invoices? These are some of the most persistent questions raised by future users.

To provide an easy and simple answer to all these questions, EDICOM has set up a website that brings together all the knowledge of the leading expert in developing electronic invoicing systems for use with the Administration.

Stay up to date with all the latest developments taking place in the sector and find out about the solutions that enable you to connect with any regional or local Public Administration in Spain:

www.facturae.com

 

 

Additionally, you can also follow us via our new LinkedIn group on Facturae. Run by some of the leading experts on electronic billing in Spain, it was conceived with a view to becoming the ideal space for spreading the knowledge and dealing with queries.

FOLLOW THE GROUP

 

More facilities for electronic invoice issuers in Italy

Decreto Semplificazione

As of 2014, government initiatives are underway throughout Europe to promote and spread the use of paperless B2B and B2G administration. One of the most widespread projects in all administrations and part of the European Commission’s Digital Agenda is the rollout of electronic billing systems as a method to ensure secure and controlled business relations between agencies of the Public Administration and their suppliers.

In this sense, the Italian government has already embarked upon this gradual adaptation of the electronic billing systems of its different Public Administration agencies, and as of 6 June the Government Ministries, Tax Agency and State Security Forces are ready to receive electronic documents from their suppliers. The remaining government agencies will join this digital leap 9 months later.

In this line of actions to promote electronic invoicing we find the forthcoming Simplification Decree, soon to be published in the Gazzetta Ufficiale.

One of the significant measures it should contain is the extended deadline for application of the safekeeping procedure for electronic invoices in line with the current standard. Until now, companies had up to 15 days to implement the storage process following the terms laid down by law. However, with the Simplification Decree this period should be extended to 1 year.

As it stands today, large companies are struggling to complete the switchover by the existing deadline. This is why EDICOM decided to steal a march on the decree measures and set up an automatic saving process for both sent and received invoices for each client. In other words, this initiative should entail no changes for EDICOM clients, as the procedure is carried out instantly and transparently.

Nevertheless, they are bound to notice another of the measures to be rolled out shortly. With these regulations, the requirement to submit la impronta dell’archivio di conservazione (stored file tracking) at the end of the year should be revoked. The so-called “footprint” is an XML file that contains a whole series of data on the various documents stored electronically. This file follows the schema published in Provvedimento del Direttore dell’Agenzia delle Entrate and should be notified to the Agenzia delle Entrate, using tools such as ENTRATEL and FISCONLINE.

Ultimately, the Simplification Decree will take us one step closer to a paperless company in the B2B and B2G areas. The administrative advantages, along with the economic benefits of electronic invoicing, should translate as higher rates of uptake by businesses.

 

Discover all the details of electronic invoicing in Turkey



The electronic billing system in Turkey can be freely adopted by businesses, although its use is mandatory for certain companies operating in the hydrocarbon sector or with products subject to special taxes (tobacco alcohol and light beverages).

The GIB (Gelir Idaresi Baskanligi), or Turkish tax system, is the body responsible for defining the country’s current electronic billing model, which involves the sending and receipt of these documents and their safekeeping in telematic format for 10 years. In addition, taxpayers subject to electronic invoicing requirements must deliver their legal books in electronic format (e-ledger) by September 1, 2014.

The EDICOM research lab has published a new document revealing all the details on how electronic invoicing works in Turkey. 

Find out all the relevant details:

EXPERT ANALYSIS TURQUÍA (SPANISH)

EXPERT ANALYSIS TURQUÍA (ENGLISH) 

EDICOM Expert Analysis: Latest on e-Invoicing in Turkey

The  electronic  billing  system  in  Turkey  may  be  freely  adopted  by companies, although its use is mandatory for certain companies operating in  the  hydrocarbon  sector  or  with  products  subject  to  special  taxes (tobacco alcohol and light beverages).

In contrast to the European model, sending does not take place integrally from the issuer to the final recipient. In this case, the TRA (Turkish Revenue Administration) acts as the system hub, running a platform to which issuers send their invoices, whereupon the tax authority become responsible for forwarding them to the receiver via web services.