e-Invoicing News December 2012

E-Invoicing News 2012-6
December 2012

In This Issue
1. Market indicator
2. Upcoming marketing opportunities for E-Invoicing solution providers
3. E-Invoicing now is mandatory for some critical sectors in Turkey

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1. Market indicator
Most markets around the world are experiencing comparatively dynamic development. But is E-Invoicing in some countries accelerating faster than in others? There are major discrepancies, to be sure. Measured by the interest in the Billentis Market Report, significantly above average growth has been shown in 2012 in the following countries: Austria, Germany, India, Poland, Sweden and Uruguay.
The Austrian Federal Administration will mandate its suppliers to send them invoices from 2014 on in electronic and structured format only. As a result, E-Invoicing will have a much more visible public profile than ever before. Uruguay is another country declaring E-Invoicing as mandatory, with a step-by-step market enrolment due in the coming years.
Of great interest to many end-users and solution providers could be the positive development in Germany. Many operators of E-Invoicing networks report an increase in market demand by a factor of 2-10 compared with 2011. Interest in the Billentis Market Report increased in Germany by 450%. The additional demand is being mainly generated by companies with 500-10,000 employees.
An international market forecast will follow in the next newsletter in February 2013.
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2. Upcoming marketing opportunities for E-Invoicing solution providers
Sponsoring of Market Report 2013: www.billentis.com/reportbooking.htm
EXPP Summit in Warsaw, Poland: www.expp-summit.com/sponsoring.htm

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3. E-Invoicing now is mandatory for some critical sectors in Turkey
On 14 December 2012 with the publication of communiqué No. 421 e-invoice application is mandatory for some critical sectors. Covered sectors are:
• Tobacco and Tobacco Product (Suppliers and Buyers)
• Petroleum oils and Lubricants (Suppliers and Buyers)
• Alcoholic beverages (Suppliers and Buyers)

New amendments allow service providers which are permitted by RA to exchange and archive electronic invoices on behalf of taxpayers. However, taxpayers are still responsible for guaranteeing and demonstrating the authenticity, integrity and legibility of the invoices throughout the storage period. Electronic invoicing application become compulsory between the registered parties.

Source:
Newsletter from Bruno Koch
www.billentis.com

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