Germany🇩🇪: Mandatory B2B E-Invoicing from 1 January 2025
As Germany prepares to enforce mandatory e-invoicing for B2B transactions starting January 1, 2025, businesses must adapt to stay compliant. In this comprehensive webinar, we explored critical aspects of e-invoicing compliance, the challenges it presents, and the opportunities it offers to modernize financial processes.
👉 Here’s what we covered:
1️⃣ Compliance with EU Standards
▪️VAT in the Digital Age (ViDA): Overview of the EU initiative to modernize VAT, prevent fraud, and promote automation in cross-border trade.
▪️Aligning with EU’s ViDA Initiative: Insights on how Germany’s e-invoicing aligns with broader EU goals for VAT compliance and repairing for upcoming changes in VAT and compliance across Europe.
▪️EU Directive 2014/55/EU and EN 16931: Defining the core requirements and standards for e-invoicing across Europe.
2️⃣ E-Invoicing: Tools and Formats
▪️How to Create an E-Invoice: Steps for creating e-invoices using standardized formats and software.
▪️XRechnung and ZUGFeRD Formats: Key e-invoicing formats in Germany, including when and how to use each.
▪️ERP and Accounting Software Solutions: Choosing integrated tools that support e-invoicing creation and compliance.
3️⃣ Risks of Using PDFs and Emails for E-Invoicing
▪️Security Vulnerabilities: Lack of encryption and risk of phishing.
▪️Compliance and Legal Risks: GDPR violations and issues with audit trails.
▪️Operational Inefficiencies: Limited automation and increased error rates. Risk of Data Breaches and Fraud: Susceptibility to ransomware and invoice tampering.
▪️Limited Scalability: Incompatibility with e-invoicing standards like ZUGFeRD and Peppol, posing a handicap for high transaction volumes and cross-border transactions.
4️⃣ Cybersecurity in E-Invoicing: Safeguarding Financial Data
▪️Protecting Sensitive Data: Essential practices for data security and compliance with GDPR in e-invoicing.
5️⃣ Peppol’s Impact on E-Invoicing for German
▪️Why Peppol Matters in Germany: The growing need for a secure, standardized e-invoicing network for cross-border transactions.
▪️Peppol and International Standards: How Peppol facilitates e-invoicing for cross-border transactions.
▪️Implementing Peppol in Your Business: Steps for registration, integration with ERP systems, and automating e-invoice exchange.
▪️Compliance and Data Security Benefits: How Peppol ensures compliance with EU standards and supports secure data transmission.
6️⃣ Demo: See Melasoft’s E-Invoicing Solution in Action
▪️Real-Time Demo: Walkthrough of how Melasoft’s solution facilitates compliance and improves invoicing workflows.
💡 Why wait? Stay ahead of the curve. Contact us today to schedule a personalized demo of Melasoft’s e-invoicing solution and discover how we can help your business thrive in the evolving digital landscape.
📞 https://www.melasoft.com/contact
🌐 https://www.rechnungportal.de
