Antoine Feyens’ Post

Did you know Aqilla is FCA approved? This allows us to deliver secure and reliable open banking access to the UK and EU financial ecosystems, saving valuable time when it comes to reconciling your organisation’s accounts. Find out more 👇 https://ow.ly/enhw50ReMZq #OpenBanking #FCA #CleverAccounting #CloudAccounting#AccountingSoftware #ERP #TrueCloud

E-invoicing channels simplify the digital transmission of invoices between senders and receivers, streamlining the invoicing process. Here's a breakdown of the different methods: 1. Direct Submission via Government Portals: Businesses can upload e-invoices in specific formats directly to government portals. 2. Interoperable E-Invoicing Networks: Networks like PEPPOL in Europe connect businesses and tax authorities, standardising the invoicing process. 3. Integration with Accounting/ERP Software: This automates real-time or scheduled submissions of e-invoices, enhancing efficiency. 4. Certified Service Providers: These providers ensure compliance with local regulations and connect directly to tax authorities. 5. Electronic Data Interchange (EDI): A prevalent method, especially in regions with established EDI standards. 6. Free or Subsidised E-Invoicing Software: Some tax authorities offer this to facilitate the process. Continuous Transaction Control (CTC) models vary by country and include interoperability, real-time invoice reporting, clearance, centralised exchange, and Dynamic Control Tax Collection Environment (DCTCE) models. These are designed to make tax reporting more efficient and ensure compliance through continuous monitoring.🌐 Remember, we at Comweg are here to help you! Feel free to contact us here: https://comweg.com/ #Comweg #EInvoicing #DigitalTransformation #BusinessEfficiency #Compliance #ERP #AccountingSoftware

Attended MDec E-Invoicing Open Day. This event was a fantastic opportunity to explore how e-invoicing can revolutionize our clients’ business operations by seamlessly integrating with their existing ERP systems. We had the opportunity to dive deep into the processes and deadlines for e-invoicing implementation. Why is this important? To stay compliant with LHDN regulations and requirements. E-invoicing also known as electronic invoicing is not just about going digital; it’s about enhancing efficiency, improving cash flow, and ensuring compliance with tax regulations. By incorporating e-invoicing into your ERP systems, we can: ✅ Eliminate manual data entry and reduce errors ✅ Accelerate payment processes ✅ Ensure efficient tax compliance and reporting ✅ Enhance business efficiency with seamless, system-to-system validation ✅Faster and more accurate invoicing minimize disputes Key Deadlines: 1 August 2024: Mandatory for businesses with revenues of RM100 million and above. 1 Jan 2025: Businesses with annual revenue RM25 million and above. 1 July 2025: Applies to all businesses. Let’s embrace this digital transformation together and enhance our business operations! Are you ready for e-invoicing. Connect with us and we gladly share our solutions to cater for your business needs. #EInvoicing #DigitalTransformation #BusinessEfficiency #TaxCompliance #MDec

𝐌𝐚𝐧𝐝𝐚𝐭𝐨𝐫𝐲 𝐄-𝐈𝐧𝐯𝐨𝐢𝐜𝐢𝐧𝐠 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞: 𝐆𝐞𝐭 𝐑𝐞𝐚𝐝𝐲 𝐟𝐨𝐫 𝐈𝐧𝐯𝐨𝐢𝐜𝐞𝐍𝐨𝐰 𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐚𝐥𝐥 𝐆𝐒𝐓-𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞: 𝐭𝐡𝐞 𝐦𝐨𝐯𝐞 𝐭𝐨 𝐦𝐚𝐧𝐝𝐚𝐭𝐨𝐫𝐲 𝐞-𝐢𝐧𝐯𝐨𝐢𝐜𝐢𝐧𝐠 𝐢𝐬 𝐡𝐞𝐫𝐞!🚀 InvoiceNow, powered by the Peppol network, is now essential for seamless compliance with the latest regulations. Starting in 2025, all GST-registered companies will need to transmit invoice data directly to tax authorities through this innovative system. 𝗪𝗵𝘆 𝗲𝗺𝗯𝗿𝗮𝗰𝗲 𝗜𝗻𝘃𝗼𝗶𝗰𝗲𝗡𝗼𝘄? • 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲: Mandatory transition for all GST-registered companies from 2025. 🗓 • 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗱 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: Direct digital invoicing minimizes manual errors and speeds up payment cycles. 💼 • 𝗦𝗲𝗰𝘂𝗿𝗲 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻: EDICOM, as an accredited Peppol Access Point, ensures a smooth, secure connection to Singapore's regulatory framework. 🔒 • 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝘁𝗲𝗿𝗼𝗽𝗲𝗿𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Benefit from a robust Peppol-based invoicing system for international operations. 🌍 𝗝𝗼𝗶𝗻 𝘁𝗵𝗲 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗷𝗼𝘂𝗿𝗻𝗲𝘆! InvoiceNow supports your e-invoicing requirements while ensuring compliance with government standards. Let’s create a more efficient, connected business environment. If you're ready to integrate your ERP and stay ahead of the curve, reach out to EDICOM today. Learn more here 👉 https://lnkd.in/e7kbE9qZ 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝘁𝗵𝗼𝘂𝗴𝗵𝘁𝘀 𝗼𝗻 𝘁𝗵𝗶𝘀 𝘀𝗵𝗶𝗳𝘁 𝘁𝗼 𝗺𝗮𝗻𝗱𝗮𝘁𝗼𝗿𝘆 𝗲-𝗶𝗻𝘃𝗼𝗶𝗰𝗶𝗻𝗴? 𝗟𝗲𝘁’𝘀 𝗱𝗶𝘀𝗰𝘂𝘀𝘀 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝘂𝗹𝗱 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀! 📌 Singapore leads the way as the first country outside Europe to adopt Peppol for national e-invoicing. #InvoiceNow #EInvoiceSG #DigitalTransformation #Peppol #BusinessCompliance

Why settle for turnaround accounting? Connect with us to learn more!

When AP departments are tasked with doing more with less, errors and delays get in the way of progress. Poor integration between ERPs and invoice and payment systems increases workflow inefficiencies. Challenges across the invoice-to-pay cycle that disconnected systems create – or make worse – include inconsistent data, poor visibility, process inefficiencies, and higher costs. When the focus is on resolving these challenges, particularly with manual processes, fraud and compliance issues are more likely to occur. Seamless integration with legacy ERP and accounting systems eliminates the friction in manual AP processes, increases visibility, and improves accuracy, leading to accelerated workflows. These are not the only benefits of an integrated invoice-to-pay platform. Explore additional benefits in our latest blog, “Unlocking Efficiency: How Seamless Integration Transforms the Invoice-to-Pay Process.” https://lnkd.in/g_bau_D8 #efficiency #integration #EdenredPayUSA

Why we use Xero and why our clients love it: 📌You can log in anywhere using any device. 📌Instant online invoicing and automatic payments. 📌Automated invoice reminders can be sent out saving you time following up on overdue accounts. 📌Integration is easy if you use other programmes (Dext, BFI Pay etc.). 📌You can run multiple businesses from one account. 📌Can easily generate reports and give you a real-time view of your business’ finances. 📌Automated bank feeds can import your transactions so you save hours of manual data entry. You can then set up rules to reconcile automatically too. We leverage automation to ensure business owners gain financial visibility into their business, provision for their tax obligations well in advance and have the financial information that they need to achieve their business goals. We take on three new clients per month, first come first serve, reach out to us via email 👉 [email protected] #fynbosaccounting #accounting #accountingservices #accountinglife #accountingsoftware #xero #dext #simplepay #accountingsystem #accountingandfinance #accountingfirm #accountinghub #accountingsolutions #capetownbusiness #SME #supportlocal #foodandbeverage #hospitality 

How the right tech can help you manage outgoing cash via Sage: https://bit.ly/3qLDOjw. “Construction projects have a lot of moving parts – from labor to materials to equipment and a host of suppliers and stakeholders to manage, it can be difficult to stay on top of everything. However, as a construction financial professional (CFP), you need to have insight across the business to effectively managing outgoing cash. This critical function helps ensure your business is able to meet all of its financial obligations and remain profitable. Essential financial tasks such as cash forecasting, budgeting, invoicing, and expense management can help a business better manage its outgoing cash. However, when these tasks are performed manually, they are often tedious, time-consuming, and error-prone. Luckily, there’s a better way. Technology, particularly the use of a financial management system integrated with pay-app software, can help CFPs streamline tasks, boost productivity, and gain greater financial insights." READ MORE HERE: https://bit.ly/3qLDOjw IFI is a team of accounting, planning & CRM FinTech professionals. We help complex customers implement advanced integrated back-office systems that deliver business insights. If we can help you, please contact us at (949) 556-3699 or [email protected]. #IFI #IFIProfessionals #CorporateAccounting #DigitalTransformation #ContinuousPlanning #CRM #FinancialTransformation #RPA #RoboticProcessAutomation

The European Single Digital Market and Electronic Invoicing: The Challenges and Opportunities 🎉 📣 This week, TESISQUARE® attended the E-Invoicing Exchange Summit in Prague. As a leading provider of compliance and e-invoicing solutions, we're proud to be a trusted partner in this critical conversation. The world of e-invoicing is constantly evolving, and the summit provided a unique opportunity to connect with industry leaders, share best practices, and explore the latest technological advancements. 💡 The European Union (EU) is committed to creating a Single Digital Market (SDM). This means removing barriers to the free flow of goods, services, and data within the EU. 🇪🇺 One of the key challenges to achieving this goal is harmonizing VAT (value-added tax) across Europe. 🧩 The VIDA project is a European Commission initiative to modernize the VAT system. A key component of VIDA is electronic invoicing. Electronic invoicing is already mandatory in some European countries and will be mandatory in others in the coming years. 📈 Main takeaways: ✅ The European Single Digital Market is a great opportunity for businesses to grow and expand. 🚀 ✅ Electronic invoicing is a key enabler of the SDM. 🔑 ✅ Tesisquare can help businesses comply with electronic invoicing regulations. CARMINE Ruopolo Alessia Carena Gianmario Mollea Giuseppe Brizio Luca Delsanto Roberto Marangoni PMP® Chiara Capello Cyril Hutin-Bret Cristina Latini Guido Chiara Lucia Fresia Guido Ferrero To learn more, read our blog post in the comments! 👇

GST InvoiceNow Requirement. Learn more about the digital invoicing compliance guidelines. https://wix.to/vA6oovu