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13-Apr-2020 10:25

Standards for electronic invoicing vary widely from country to country.Electronic Data Interchange (EDI) standards such as the United Nation's EDIFACT standard include message encoding guidelines for electronic invoices.Generally, each line of a rental invoice will refer to the actual hours, days, weeks, months, etc., being billed.From the point of view of a seller, an invoice is a sales invoice.

The United Nations standard for electronic invoices ("INVOIC") includes standard codes for transmitting header information (common to the entire invoice) and codes for transmitting details for each of the line items (products or services).See also Voucher: an invoice is within the European union primarily legally defined by the EU VAT directive as an accounting voucher (to verify tax and VAT reporting) and secondly as a Civil law (common law) document.