Shortfacts - July/August 2016


ZUGFeRD for SAP
It has recently become possible to process ZUGFeRD invoices with the inPuncto SAP add-ons. The ZUGFeRD invoice format was developed by the "Forum for Electronic Invoices Germany" (FeRD) under the umbrella of the Arbeitsgemeinschaft für Wirtschaftliche Verwaltung (AWV) as a standardized format for the exchange of electronic invoices, as paper invoices and electronic invoices have to be treated equally for VAT purposes since July 1, 2011. The ZUGFeRD format allows invoice issuers to transmit structured XML invoice data in a PDF file to the invoice recipient, who can then read and process the data without any further steps.