Prashant Upadhyay
Stories (10)
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Poland E-Invoicing Mandate: What you need to know
Poland is rolling out a mandatory e-invoicing system known as KSeF (Krajowy System e-Faktur), which obligates businesses in the country to create, receive, and archive invoices electronically using a centralized platform managed by the government.
By Prashant Upadhyay9 months ago in Futurism
Adapting Your Existing Supplier Portal for UAE Peppol Electronic Invoicing: A Practical Guide
The UAE’s push for digital transformation is ushering in a new era of electronic invoicing, with Peppol at its core. If you’re a business with an established supplier portal, you’re likely facing the challenge of adapting your existing system and processes to meet the new e-Invoicing requirements. This guide provides a practical roadmap for integrating Peppol into your current infrastructure, ensuring compliance and maximizing efficiency.
By Prashant Upadhyay9 months ago in Futurism
GST InvoiceNow – Understanding the Requirement in Singapore
Singapore continues to make strides toward digitalisation, and a key development in this journey is the GST InvoiceNow Requirement. This initiative, jointly driven by the Inland Revenue Authority of Singapore (IRAS) and the Infocomm Media Development Authority (IMDA), aims to streamline the way GST-registered businesses handle invoicing and tax compliance through a secure, standardised network known as InvoiceNow.
By Prashant Upadhyay9 months ago in Futurism
Belgium E-Invoicing Mandate
Starting January 1, 2026, Belgium will mandate e-invoicing for B2B transactions, eliminating the validity of paper and PDF invoices. Businesses must adopt structured digital invoices to enhance efficiency, streamline tax processes, and combat tax evasion.
By Prashant Upadhyay10 months ago in Futurism
E-Invoicing Singapore: Revolutionizing Business Processes Nationwide
The Infocomm Media Development Authority (IMDA) launched the Nationwide E-Invoicing Network in 2019 to modernize invoicing for businesses in Singapore. This ground-breaking initiative focuses on enhancing efficiency, reducing operational costs, enabling faster digital payments, and fostering sustainability.
By Prashant Upadhyay10 months ago in Futurism
Financial Institutions and e-Invoicing Compliance in Malaysia
The execution of e-Invoicing in Malaysia presents an organized method to issue invoices for financial institutions while making sure e-invoicing compliance with the Financial Services Act 2013 (FSA) and Islamic Financial Services Act 2013 (IFSA).
By Prashant Upadhyay11 months ago in Futurism
The Ultimate Guide to E-Invoicing for Airline Operators
The Inland Revenue Board of Malaysia (LHDN) has released a detaileddocument made explicitly for the aviation sector. This document, in the form of an FAQ is designed to provide guidance and explain various business scenarios, along with providing practical advice to help aviation-related businesses in Malaysia. Thereby, enabling them to adhere with the Malaysian e-invoicing regulatory requirements.
By Prashant Upadhyay11 months ago in Futurism
Simplified Guide to E-Invoicing for Insurance Companies
The Inland Revenue Board of Malaysia (LHDN) has released an inclusive document made for the e-invoicing in insurance sector. This document, in the form of an FAQ answers common concerns regarding general topics such as consolidated e-invoices, annual premium statements, handling policyholder requests. It also includes underwriting and subscriptions, claims and benefits payment, payments to agents, dealers, distributors and inter-fund charges.
By Prashant Upadhyay11 months ago in Futurism
E-Invoicing in Healthcare Industry: A Simple Guide
Malaysia is rolling out e-Invoicing in healthcare industry, and hospitals, clinics, and medical professionals need to know how it affects their billing processes. This guide breaks down the key changes in a simple and easy-to-understand way.
By Prashant Upadhyay11 months ago in Education
E-Invoicing Malaysia
1. What is e-invoicing in Malaysia? E-Invoicing is a form of electronic billing. This term is used to define the process by which a transaction between two parties (a buyer and seller) is documented electronically, in order to ensure their trading agreements are being met. The e-invoices are sent through government portals for validation and recordkeeping.
By Prashant Upadhyay11 months ago in Futurism
