Published at Sunday, March 03rd, 2019 - 21:45:09 PM. Invoice. By Villetta Antoine.
An electronic invoice (also called an e-invoice or e Bill) is the result of a billing method that doesn’t require a paper copy as a backup in order to demonstrate its authenticity. For this reason, an electronic invoice functions as a software-generated file, which compiles the information related to a commercial transaction, its payment and corresponding tax obligations.
Automating as many processes as possible through an integrated solution, which optimally manages these tasks, results in a directly proportionate decrease in opportunities for human error while increasing the opportunities for savings and improved efficiency. Control of taxes is also increased with electronic billing because it allows for greater control over tax compliance and simplifies the auditing process.
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