April 17, 2023
Electronic invoicing will soon be mandatory for all companies... here is what you need to know.
Today, the electronic invoice is a must. This will become mandatory on July 1st 2024 in France. This new obligation is accompanied by significant changes for French companies that must adapt to it.
To accompany you, Blendya 100% digital accounting firm, offers solutions to help companies comply with this new regulation.
Electronic invoicing simplifies the processing of incoming and outgoing invoices, as well as the filing of VAT returns. It is an efficient solution to facilitate the integration of all incoming invoices in the accounting systems of companies.
It also provides compliance control of outgoing invoices, allowing for immediate rejection of non-compliant invoices. This solution is particularly useful for integrating supplier invoices into the company's accounting system and for ensuring the compliance of customer invoices. Customers also benefit from increased transparency on the progress of invoice processing.
However, thee-invoicing requirement does not end there. As of July 1, 2024, large companies will have to accept electronic invoices from their suppliers and be able to integrate them into their accounting or business management system.
They will also have to be able toissue compliant electronic invoices and automatically transmit them to their customers through a platform they have freely chosen. This timetable extends to January 2026 for SMEs and VSEs.
It is important for companies to comply with this new regulation to avoid financial and administrative penalties.
Blendy, a digital CPA, supports companies in this transition by recommending digital solutions such as Pennylane, a comprehensive, intuitive and easy-to-use e-invoicing platform. This solution makes it easy to manage incoming and outgoing invoices in compliance with current standards. It also provides an invoice tracking interface that allows customers to follow the progress of their invoices.
To find out exactly how we can help you, contact us ! We will be happy to share best practices with you and answer all your questions.
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Certified Partner Pennylane, Dext, Quickbooks and Stripe.
Pioneers of digital accounting in France, we support digital companies, in France and internationally.
Chartered Accountant (France) and Chartered Professional Accountant (Canada)
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