#Microsoft invoicing software software#

Note that Avalara E-Invoicing and Live Reporting works in the other direction as well. Transmitting the e-invoice to the local tax offices’ platforms or exchange networks.Converting invoice data into an e-invoice in the format required by individual country regulations.Receiving invoice data from your business system in XML UBL 2.1 format.As the diagram indicates, the workflow is multilayered, but there are essentially three core steps that Avalara E-Invoicing and Live Reporting manages: Once implemented, you’re ready to start managing the process. This allows you to exchange e-invoices through the Peppol network or tax authorities’ platforms in multiple countries as well as report required data to tax offices in real time. As mentioned previously, E-Invoicing and Live Reporting integrates into ERP software, accounting systems, ecommerce platforms, and other business systems via a single open API.

#Microsoft invoicing software software#

Integration is the first step and it begins with the Avalara Integration Studio, which is used to create the integration between your software and the Avalara platform. Provide a single compliance solution: Avalara E-Invoicing and Live Reporting is uniquely equipped as an end-to-end compliance service to create invoices with accurate tax data as required by the tax authority and transmit those invoices in the proper format. Avalara E-Invoicing and Live Reporting doesn’t displace your existing tech stack but in many instances, integrates into it. Integrate seamlessly with business systems: Avalara E-Invoicing and Live Reporting integrates into business systems with a single API, simplifying the deployment process and helping to ensure efficient system maintenance. Meet global compliance standards: Avalara E-Invoicing and Live Reporting covers existing or upcoming e-invoicing or live-reporting regulations in a wide range of countries, and support for new country mandates is added regularly. As part of a robust tax compliance cloud platform used by over 30,000 customers in over 90 countries, Avalara E-Invoicing and Live Reporting enables businesses to leverage a single API to exchange e-invoices and report data in real time across various platforms and exchange networks and comply with country-specific mandates.Īvalara designed the solution with the following objectives in mind:

Equally challenging is managing multiple deployments and contracts with local e-invoicing providers.Īvalara has developed a solution for simplifying the compliance processes for businesses and their software providers that operate internationally. They can do so by offering a single solution that’s integrated into their software and compliant with multiple differing standards used globally.īuilding functionality in-house that satisfies country-specific requirements in 60+ countries cannot be done without heavy technical resources and investment. ERPs, accounting systems, and ecommerce platforms need to enhance their offerings and provide the necessary functionality to help their users achieve compliance. As their technology and processes aren’t built to communicate data within a structured (machine-readable) format directly to tax authorities in different countries, e-invoicing compliance on a global scale can be a serious challenge.Į-invoicing mandates also pose significant challenges to technology providers. If you’re unfamiliar with electronic invoicing or live reporting, our e-invoicing FAQ can provide you with a comprehensive overview.įor international companies, the already complicated process becomes even more difficult with each upcoming e-invoicing mandate. Many countries have adopted different modes of e-invoicing, from simple e-invoice transmission via an open network such as Peppol to complex workflows and models, including pre-clearance and real-time reporting to tax authorities, to meet their regulatory needs. sales tax laws at the state level, there are unique rules and systems for compliance based on the location in which you’re doing business. For multinational companies, complying with an ever-growing number of electronic invoicing (e-invoicing) and live-reporting requirements can be complex.