Electronic Invoice consultant

How does our electronic invoicing software work?

Electronic invoicing (e-invoicing) is an integrated accounting solution that enables a fully automated flow directly from one company’s ERP system to another. No matter your industry or company size, you can issue, transmit, receive and process all your invoices electronically by joining the Pagero Network.

What is the meaning of an electronic invoices?

An electronic invoice (e-invoice) is an invoice that is issued, transmitted, received, processed and stored electronically using specific document formats.

What is the difference between invoice and e-invoice?

Digital invoice vs electronic invoice

A digital invoice is an invoice that can be viewed and processed digitally. An e-invoice is always a digital file format, just like a PDF or Word file. A digital invoice is not necessarily an e-invoice.

What are e-invoices and e payments?

Electronic invoicing, also called e-invoicing or digital invoicing, is the process of billing a customer online rather than via mail. The customer receives their invoice either via email or a secure portal (e.g., an online account).

Why do we need an e-invoice?

E-invoicing enables a company to automate their invoice processing. … In addition to cost savings, the ability to automate the invoicing process and integrate with other business systems provides business efficiency and revenue generating opportunities.

Is QR Code mandatory for e-invoice?

The e-invoicing system also requires invoices printed to have a space for QR codes. In the case of exports and RCM supplies, since tax invoices are required to be issued, the QR code shall also be applicable.

How To Stay Compliant With E-Invoicing Regulations In Egypt?

In March 2020, Egypt’s Minister of Finance issued Decree no. 188, mandating an electronic invoice for all taxable transactions. To comply with e-invoicing regulations, you need to:

  • Register your company with the invoicing system;
  • Electronically sign invoices;
  • Ensure all invoices have a Unique ID (UUID).

By January 2022, Egypt’s VAT will no longer be deductible from paper invoices. All companies in the country must have completed four phases of transition to the acceptable e-invoicing system.

This article will discuss e-invoicing in Egypt, how it works, and everything you need to know to comply with e-invoicing regulations in Egypt.

Let’s dive in.