In today’s global crackdown on VAT fraud and inaccurate tax collection, invoice clearance methods are becoming more and more of a hot topic. Tax authorities are working hard to ensure invoices are valid and compliant, meeting specific structure and data input requirements, before they are sent to the buyer. Effective approaches to invoice clearance can help with all of these factors.
But what exactly is invoice clearance and what’s the difference between centralized and decentralized models? Read on to find out more.
- What is Centralized Clearance for E-Invoicing?
- What is Decentralized Invoice Clearance?
- Managing e-invoice clearance and reporting processes with Kofax
Source: www.kofax.com
