Categories: General Tax Terms
E-Invoicing refers to the electronic invoicing process whereby invoices are created, sent, received, and processed electronically rather than in paper form.
This system often includes the use of specialized software or platforms that facilitate the generation and management of invoices in a digital format, ensuring accuracy, efficiency, and compliance with tax regulations.
E-Invoicing allows businesses to automate their billing processes, reducing manual efforts and errors, and can streamline accounts payable and receivable functions. For example, a company can send an e-invoice directly to a client’s email, who can then view, approve, and pay the invoice online.
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