top of page
Search

What is E-invoicing??

E-invoicing

Electronic invoicing (or e-invoicing) is the automated digital exchange of invoice information directly between a supplier's and buyer's software based on an agreed standard.

With e-invoicing:

  • businesses will no longer need to generate paper-based or PDF invoices that must be printed, posted or emailed

  • buyers will no longer need to manually enter or scan these into their software.

Australia has adopted the Peppol framework for e-invoicing. This is an international standard has been used in over 38 countries globally, for longer than a decade.


Peppol e-invoicing is a more efficient, accurate and secure way to transact with your suppliers and buyers. It uses standardised data that is securely transmitted via a network of approved service providers, called access points.


Access points connect you to the Peppol network and help you exchange invoices with your trading partners.


The Australian Peppol Authority


The ATO operates the Australian Peppol Authority for the government to help businesses take advantage of the benefits of e-invoicing in the digital economy.


As the Australian Peppol Authority, the ATO works closely with the digital service providers and business community to ensure the Peppol framework is suitable and implemented consistently across Australia. The ATO does not receive a copy of the e-invoice and we are not able to view the contents of any e-invoices being transmitted between businesses.


In this role, the Australian Peppol Authority:

  • defines Australian requirements for use of the Peppol standards (e.g. invoice specifications support GST Tax Invoices)

  • administers accreditation of Peppol access points for Australia

  • educates, promotes and provides support for the adoption of Peppol standards across government sectors and the business community.

There are many benefits when both the supplier and buyer use Peppol e-invoicing, including:

  • Cost savings

  • Less errors

  • Reliable and secure

  • Reduced payment times

  • Connect once, trade with many



5 views0 comments

Comments


bottom of page