Direct electronic sales invoicing

Electronic invoice solutions must include vendor to customer inbox with functionality to upload a copy of the e-invoices to a government portal. Both parties must use the same software or standard format to exchange electronic messages. Alternatively, a third-party service provide can be used, or the vendor can send the e-invoice to the customer using a government or tax authority portal.

Reliable audit trails for paper and electronic invoices are required for authenticity of origin, integrity of content, and legibility of invoices.

Australia specifics

The Australian and New Zealand governments have agreed to a common trans-Tasman electronic invoicing standard (Peppol). Peppol is the standard for universal digital exchange of invoices between suppliers’ and purchasers’ accounting systems.

Peppol e-invoicing is required for all government departments and agencies as of June 2021. State and local governments are required to use it by June 2022. Suppliers who issue e-invoices using the Peppol framework will be paid within 5 days. The adoption of electronic invoicing is required by July 1 2022 for all Commonwealth government agencies.

How Infor meets this requirement

You can create billing invoices using customer orders or direct billing invoices.

When you successfully release the Billing Invoice, successful batch jobs must be run to update to a Subsystem Update. The invoice is then moved to Receivables. The corresponding invoice record in LSP is created by the successful prompting of the FSM_ION_SyncInvoice_Outbound BOD.

Localization Services Platform (LSP) setups are used to test this requirement.