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In Tunisia, invoices are reported to the responsible authorities, and therefore can be considered as transaction-based reporting. Furthermore, Egypt is also conducting research in the best model of invoice reporting. [5] The trend and successes of invoice reporting also reached Europe, though not combined with mandatory electronic invoicing.
In February 2013, the European Payments Council (EPC) published the document 'Quick Response Code: Guidelines to Enable Data Capture for the Initiation of a Credit Transfer'. [5] These guidelines were quickly adopted by the Austrian banks. These QR code can be recognised thanks to the words "Zahlen mit Code" (Pay with Code) on the right. [6]
UML class diagram depicting a invoice. Electronic invoicing (also called e-invoicing or einvoicing) is a form of electronic billing.E-invoicing includes a number of different technologies and entry options and is usually used as an umbrella term to describe any method by which a document is electronically presented from one party to another, either for payment [1] or to present and monitor ...
QR Codes with payment information (to be printed on invoices or displayed on the web) that can be scanned using either the mobile phone or a special automated teller machine (ATM) sending the payment information using the NFC technology; sharing the payment information via the web or e-mail (via a downloadable file or and e-mail attachment)
Denmark: All public institutions are required to support e-invoicing using Peppol. [13] Ireland: Public bodies are required to accept e-invoices, and Ireland has chosen Peppol as the supported technology. [14] Norway: E-invoicing is mandatory in public institutions with Peppol recommended, and Peppol invoices are widely used. [15]
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...