23 October 2017
visit www.response.ncr.com

PBS teams with Celenia to offer e-invoice for Microsoft Business Solutions

01 December 2004  |  403 views  |  0 Source: PBS

As of 1 February 2005, invoices to and from public authorities must be sent electronically. From 1 December 2004, PBS and Celenia Software will therefore be offering e-invoice as a supplementary module for Microsoft Business Solutions systems which will enable MBS customers to meet the new statutory requirements governing electronic invoicing.

PBS and Celenia Software have initiated a collaboration to offer e-invoice as a module to customers and partners already using the Microsoft Business Solutions systems Axapta, Navision, XAL or C5 from 1 December 2004.

"With e-invoice as a supplementary module, Microsoft Business Solutions customers will be ready when the new rules enter into force on 1 February 2005," says Thomas Parbst, Division Manager, Microsoft Business Solutions.

"We are very satisfied with the collaboration with Microsoft as it promotes the use of the e-invoice. E-invoice enables companies to send electronic invoices to public authorities and companies, and companies save time and money by streamlining their processes," comments Lars Fruergaard, Deputy Managing Director for new business areas, PBS.

E-invoice is an electronic invoicing system which is used between companies and which is connected to the banks' office banking systems.

As of 1 February 2005, all government institutions must be able to receive invoices electronically according to an executive order issued by the Danish Agency for Financial Management and Administrative Affairs. According to the Danish Central Customs and Tax Administration, companies are only allowed to send their invoices electronically if the authenticity of the origin of the invoice and its integrity are secured via for example encryption or the signing of the invoice. This is assured by e-invoice.

Apart from meeting the new requirements for invoicing, which enter into force on 1 February 2005, companies using e-invoice will be able to cut costs on printing, postage and packaging. Administrative processes may also be facilitated as invoices can be sent more frequently and faster. This paves the way to the automation of bookkeeping and acceptance routines.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.atos.netRegister now

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
19753 views comments | 31 tweets | 43 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15280 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11021 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9134 views comments | 15 tweets | 29 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job