E-Invoice Transactions

E-Invoice means electronic invoice and is an electronic documentation and invoice management system used by many countries for tax and trade transactions. It replaces traditional paper invoices, making business processes more efficient and reducing paper waste. E-Invoice is used to record commercial transactions between businesses, collect taxes and monitor trade transactions.Dec.

An E-Invoice is usually issued when a business or seller sells goods or services to its customer. It is created electronically, sent and accepted electronically by the recipient. An E-Invoice is usually secured with a special password or digital signature and provides a reliable record for all parties.

E-Invoice provides great convenience for paying taxes and accounting transactions. It also eliminates the need to store and archive paper invoices, which helps with a more orderly and efficient business management. E-Invoice systems are legally recognized and used in many countries, and therefore businesses should register for these systems accordingly.

Each country may have its own E-Invoice regulations and standards, so businesses must comply with local laws and requirements. E-Billing applications are usually available through specialized software, web-based services, or online platforms offered by the government.