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Denmark: 1st phase of the Bookkeeping Act starts July 1, 2024

  • The new Bookkeeping Act in Denmark requires the digitization of all accounting processes, including invoicing, with the first phase taking effect on July 1, 2024.
  • The Act mandates the use of certified digital bookkeeping software or custom-developed solutions compliant with the law. B2B e-invoicing will also become mandatory, formatted as Peppol BIS 3.0 or the local OIOUBL format.
  • The subsequent phases will apply to different types of companies in the following years. Small companies are not included in the scope of the Act.

Source The Invoicing Hub


  • Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

 

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