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E-invoicing (electronic invoicing) is gaining increasing importance in almost all industries – and the banking sector is no exception. This article examines the growing significance of e-invoicing in the banking sector, clarifies the relevant legal framework, and demonstrates how implementation can be efficiently managed using SAP Document and Reporting Compliance (DRC).
With the digital transformation of tax administration, e-invoicing is becoming increasingly important in Germany. Companies must adapt to the digitization of their invoicing processes to comply with the legal requirements of the Federal Ministry of Finance (BMF). But what exactly is an e-invoice, what legal requirements exist, and how can these requirements be implemented in SAP?
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