In the previous part we gave an introduction on what is electronic invoicing? In this final part will go in more detail in which the benefits are the main Spanish laws, what modalities of electronic invoices are recognized in Spain and how I can convert invoices in paper, electronic invoices and vice versa. * Benefits of the introduction of electronic billing (e-Bill / facturae) * depending on the volume of business, the savings by concept of administration of invoices (reception, storage, search, signature, return, payment, shipping, etc.) may fluctuate between 40% and 80%. Some reasons for this saving: opportunity in information, both in receiving and shipping. Savings on stationery. Ease of auditing processes.
Greater security in the receipt of documents. Less likelihood of forgery. Agility in finding information. Elimination of spaces to store historical documents. Administrative processes faster and more efficient. How much more can automate processes through an integrated solution that manages the most tasks, fewer human errors often occur and more saving and efficiency will experience. Even the follow-up of unpaid bills can automatically manage send notices when it reaches certain thresholds, previously specified.
In addition, when firms operate with this technology, are incentive to digitize other documents, achieving efficiency and savings in other areas of the company. The tax control is increased with the electronic invoice because it allows greater control of tax compliance and simplification of control. ** The main laws that govern electronic billing (e-Bill / facturae) * in Spain, applies in general the directive 115/2001, although this legislation is adopted to the domestic, mainly in these rules: Royal Decree 1496 / 2003 regulation of billing. Royal Decree 87/2005 modifications to the regulation of billing. Order Ministerial EHA/962/2007, of April 10, by which certain disposiciones about billing develop telematics and electronic invoices conservacion, contained in the Royal Decree 1496 / 2003 of 28 November, which approves the regulation which regulates the obligations of billing.