{"id":2070,"date":"2014-09-18T09:55:51","date_gmt":"2014-09-18T13:55:51","guid":{"rendered":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=2070"},"modified":"2014-09-18T09:55:51","modified_gmt":"2014-09-18T13:55:51","slug":"electronic-invoicing","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/electronic-invoicing\/","title":{"rendered":"Electronic Invoicing?"},"content":{"rendered":"
\"Invoice\"<\/a>

“>Credit: Flickr<\/a><\/p><\/div>\n

Electronic invoicing is the exchange of the invoice document between a supplier and a buyer in an integrated electronic format. Traditionally, invoicing, like any heavily paper-based process, is manually intensive and is prone to human error resulting in increased costs and processing lifecycles for companies.<\/p>\n

The issue of compliance seems to have separated E-Invoicing from B2B. Surprisingly many Finance leaders are unaware that their company is already sending\/receiving EDI electronic invoices.<\/p>\n

E-Invoicing is a common B2B practice and National Transaction is ready to launch its E-Invoicing system.<\/p>\n

True definition of an electronic invoice is that it should contain data from the supplier in a format that can be entered integrated \u00a0into the buyer\u2019s Account Payable (AP) system without requiring any data input from the buyer\u2019s AP administrator.<\/em><\/p>\n

There are number of formats to be employed, it is useful to Apply below guidelines:<\/strong><\/p>\n

An E-Invoice:<\/h3>\n

1) Structured invoice data issued in Electronic Data Interchange (EDI) or XML formats.<\/p>\n

2) Structured invoice data issued using standard Internet-based web forms.<\/p>\n

Not a true E-Invoice:<\/h3>\n

1) Paper invoices sent via fax machines.<\/p>\n

2) Scanned paper invoices.<\/p>\n

3) Unstructured invoice data issued in PDF or Word formats.<\/p>\n

Although significant cost and time savings can be achieved by removing paper and manual processing from your invoicing, the real benefits of E-Invoicing come with the level of security that comes with E-invoicing. Integration between your trading partners and your invoicing software and other business systems are optional. National Transaction can offer a customized Electronic Invoice Structure .<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Electronic invoicing is the exchange of the invoice document between a supplier and a buyer in an integrated electronic format.<\/p>\n

Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[2555,2554,2556,211,2546,1011,392,2557,2553,2552,2550,2549,1589,2547,2551,2543,2548,2558,2544,1873,1848,2559,59,2545,753],"class_list":["post-2070","post","type-post","status-publish","format-standard","hentry","category-best-practices-for-merchants","tag-ap","tag-account-payable","tag-ap-administrator","tag-b2b","tag-buyer","tag-compliance","tag-data","tag-e-invoice","tag-e-invoicing","tag-e-invoicing-system","tag-edi","tag-edi-electronic-invoices","tag-electronic-data-interchange","tag-electronic-format","tag-electronic-invoices","tag-electronic-invoicing","tag-finance-leaders","tag-internet-based-web","tag-invoice-document","tag-invoicing","tag-national-transaction","tag-paper-invoices","tag-security","tag-supplier","tag-web"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/2070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=2070"}],"version-history":[{"count":3,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/2070\/revisions"}],"predecessor-version":[{"id":2074,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/2070\/revisions\/2074"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=2070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=2070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=2070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}