B2B e-invoicing in Italy
In 2014, Italian government introduced mandatory B2G e-invoicing for suppliers to public administrations & government offices, in January 2017 introduced the facultative B2B transactions. Since July 2018, legislator decided to make B2B e-invoicing mandatory. Two waves:
- July 2018: Mandatory for companies engaged in petrol sales & for sub-contractors to suppliers
- January 2019: Mandatory for all companies (B2B)
Starting from January 1, 2019 electronic invoices should be:
- - converted into .XML format, in accordance with technical specifications referred to in Decree no. 55 dated April 3, 2013 (i.e. format currently used for B2G e-invoicing)
- - signed with a qualified or digital signature
- - sent to the counterpart through the Interchange System (so-called “SdI” Sistema di Interscambio)
According to the government, the main purpose of these measures is to reduce VAT fraud, to optimize the internal accounting processes of the businesses and make things easier between the government and taxpayers.
The most important benefit is that taxpayers will not be required to submit electronically every 3 months all data concerning the invoices issued, received & any variations. (Spesometro System)
Exports and zero-rated intra- EU supplies of goods or services are excluded. However, detailed invoice information of foreign sales and purchases will still have to be submitted to the tax authorities through a new ‘cross-border communication’
In case the invoices are issued in different way in respect to the specifications given by Italian Tax authorities, the invoice is considered as omitted and penalties will be applicable (i.e. penalties ranging between 90% to 180% of the VAT not correctly documented).
Open-code applications, no dependency on vendor, fully working on SAP, developed entirely in ABAP language by SNI -a Certified Development Partner of SAP A.G. - . No need for any additional system or any extra web software (portal,etc.). and integrated with all modules.
Implementation of the solutions are simple almost as plug&play softwares while covering whole processes between legal authorities and firms. The maintenance and version upgrades are kept as simple as possible so that continuously changing legal requirement can be adopted very quickly.
Applications are designed by a team of SAP process and development experts. All processes are designed from an ERP and integration point of view considering users’ requirement and efficiency. Bottom line, efficiency of the end users is one of the main key points.
Continuous maintenance services are provided for each and every product with an online help desk and ticket management system (http://support.sniconsulting.net/). In a rapidly changing environment, upgrades by legal authorities are followed by SNI and applied to customers’ system on time based on a product version management system.