ViDA Initiative: EU Reaches Breakthrough on the Future of eInvoicing
ViDA Initiative: EU Reaches Breakthrough on the Future of eInvoicing On November 5, 2024, the ECOFIN Council took an important step toward the digitalization of VAT processes in Europe: After months of negotiations and several failed attempts, an agreement was finally reached on a common approach to the “VAT in the Digital Age” (ViDA) initiative. A small […]
Electronic invoices to the federal and state governments: how it works!
Electronic invoices to federal, state and local authorities: e-invoice portals, regulations and special features at a glance Electronic invoicing, or e-invoicing for short, is no longer a topic for the future. However, what will be gradually introduced in Germany from January 1, 2025 for the electronic exchange of invoices between companies has already been a […]
E-mail inbox for eInvoices: A fatal fallacy for the future?
E-mail inbox for eInvoices: A fatal fallacy for the future? “eInvoicing: email inbox is enough” – a few days ago, seemingly reassuring news caused a stir in the German corporate world: An email inbox would be enough to comply with the eInvoicing obligation for B2B transactions, which will be gradually introduced from January 1, 2025. […]
TRAFFIQX Invoice API: Mandatory eInvoicing is no longer a challenge for software vendors
Solution for Software Developers Unveiled: TRAFFIQX Invoice API: Mandatory eInvoicing is no longer a challenge for software developers Kaiserslautern, July 2024 – With the new TRAFFIQX Invoice API, Germany’s largest provider network for the exchange of electronic transaction documents is responding to the requirements associated with the mandatory eInvoicing for B2B transactions, which will take […]
eInvoicing Summit 2024: A Success for TRAFFIQX® and the Future of eInvoicing
eInvoicing Summit 2024: A resounding success for TRAFFIQX® – and German eInvoicing! The 2024 E-Invoicing Summit (ERGI24) in Berlin was the undisputed highlight of the year for the German eInvoicing industry—which is no surprise, given that this annual conference, which has been held for over a decade, is the leading event for the eInvoicing industry […]
Digital invoicing by affiliate members at Brillenprofi GmbH
Success Story: TRAFFIQX® Digitizes Invoicing for Members of Brillen-Profi GmbH Boosting competitiveness through fully digitized invoicing—that was the primary goal of Brillen-Profi Contact GmbH and its partner and supplier companies. But why and how does one actually plan such a project? And above all: What needs to be considered to ensure that the digital innovation […]
The eInvoicing requirement takes effect in 2025
Mandatory eInvoicing approved: The Growth Opportunities Act introduces electronic invoicing for B2B in Germany With the Growth Opportunities Act (WCG), which was also passed by the Bundesrat today, the way is now clear for mandatory eInvoicing in B2B transactions in Germany. And not a moment too soon. After all, as stipulated in the WCG, (at […]
Mandatory eInvoicing in the home stretch
Mandatory eInvoicing in the home stretch: Mediation Committee reaches compromise on the Growth Opportunities Act During the night of February 21–22, 2024, a compromise was apparently reached in the Joint Committee of the Bundestag and the Bundesrat. The Growth Opportunities Act (WCG), which has been scaled back in scope, now provides a relief package of […]
XRechnung Explained
XRechnung Explained: Structure, Fields, Mandatory Information Digitalization has fundamentally changed the way businesses and public institutions operate. A key component of this transformation was (and remains) the introduction of electronic invoicing (also known as eInvoicing) in the form of XRechnung in Germany. This electronic invoice format significantly simplifies the invoicing process between companies of all […]
XRechnung is now available in the updated version 3.0.1
XRechnung is now available in the updated version 3.0.1 Starting February 1, 2024, the updated version 3.0.1 of XRechnung will take effect. Under this version, eInvoicing may be sent to receivers connected to the federal government’s “Central Invoice Receipt Portal” (ZRE) or the “Online Access Act-compliant Invoice Receipt Platform” (OZG-RE). With the release of the […]