Electronic billing system: definition and advantages

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Until a few years ago, we were used to issuing invoices to clients by hand. However, this brought problems such as the loss of these documents or the difficulty in keeping proper control of sales and payments. In addition, the manual process was prone to errors and took a lot of time, which affected efficiency and customer satisfaction. In contrast to this traditional invoicing method, there is now what is known as an electronic invoicing system . However, what exactly is it?

In this post on Moonflow, accounts receivable software , we tell buy uae database more about these programs.

What will you find in this text?

Electronic billing in Peru

1. SOL Electronic Issuance System

2. Electronic Issuance System from the taxpayer's systems

Which taxpayers are required to issue electronic invoices in Peru?

Benefits of electronic billing

1. It represents a saving in costs and billing time

2. It makes information available in an electronic medium

3. Promotes the progress of the sworn statement

4. Reduce paper consumption and the environmental impact it generates

Electronic billing system | What is it?
Let's start by defining what an electronic billing system is . These are platforms through which we can manage our company's billing digitally.

This does not mean that we create invoices by hand and then scan them with a scanner, but rather that we issue an electronic document from the start that replaces the invoice traditionally issued on paper, with the same legal validity.

In some cases, these billing systems implement collection software functionalities , such as payment tracking. However, for more efficient collection management , it is advisable to acquire a specialized collection system that integrates with this other program. In this way, the billing and collection process is optimized , ensuring greater precision and efficiency in the company's financial management.

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Electronic billing in Peru
Each country has its own requirements and regulations regarding electronic invoicing. In Peru, the implementation of this system is regulated by the National Superintendence of Customs and Tax Administration (SUNAT). Since its implementation, the aim is to modernize tax management and facilitate compliance with tax obligations.