Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are electronic invoices compliant with VAT and tax regulations?

April 26, 2017compliant e-invoicing einvoicing eipp electronic electronic invoicing invoices regulations tax VAT

0

10 Posted

Are electronic invoices compliant with VAT and tax regulations?

1 Answer

0

10 Posted

Yes, e-Invoicing (or electronic invoicing) from OB10 is compliant with local VAT and tax regulations. We work with our partner KPMG to ensure that local fiscal and e-Invoicing regulations are met. Buyers and suppliers on the OB10 network receive a digitally signed PDF image of the invoice. This is the tax compliant invoice image. The buyer can use this for workflow and audit purposes. Members of the OB10 network are able to store the digitally signed PDF on their own electronic archive, or can access 24/7 from the OB10 ImageArchive.