Overview

The integration with Localization Services Platform (LSP) supports the B2B e-invoicing requirements in Israel, introduced by the economic efficiency law 5723-2023 (legislative amendments for applying the economic policy for the 2023 and 2024 budget years). This is part of a general plan for the implementation of Continuous Transactions Controls (CTC) in the Israeli jurisdiction, with an emphasis on combating the use of fraudulent and fictitious invoices.

The solution supports these features:

Receive the 25-digits invoice allocation number from Israeli Tax Authorities before creating an invoice.
Print the allocation number on the invoice.
Verify a legal threshold for requesting the allocation number.
Trigger exceptions, based on tax codes, for requesting the allocation number.
Automatically import the allocation number of purchase invoices from third party procurement software.
Include the 9 rightmost digits of the allocation number in the designated field of the Israeli declaration PCN874 for purchase and sales.