We have put together frequently asked questions (FAQ) about XRechnung for you. With the help of the following answers, you can find out more about XRechnung in general terms.
Table of Contents
The XRechnung standard represents a national version of the European standard EN 16931. In Germany, XRechnung is a standard and file format for electronic invoices. It is used for invoices to authorities (B2G). The XRechnung can be used to specify the contents of the bills and thus continue to work electronically. Since it is binding for many companies and suppliers, the use of XRechnung is spreading rapidly.
XRechnung is based on Directive 2014/55 / EU of April 16, 2014, which was established by the European Union for B2G bills. On September 6, 2017, XRechunung was determined by means of the e-invoice regulation in Germany. From then on, the highest federal authority and constitutional organs had to be able to receive electronic invoices. Then it continued with other federal clients and public institutions at the state level. Finally, XRechnung has come up with the fulfillment of the respective obligation or requirement for the use of electronic invoice data in Germany.
From November 27, 2020, the electronic invoices submitted to the authorities must be sent in XRechnung format if the total order value exceeds € 1000.
Electronic invoicing is already mandatory in many countries. The XRechnung particularly affects many companies in Germany that have a relationship with all public institutions and authorities. From November 27th, 2020, the companies and suppliers who submit invoices to the public authorities must send the invoices as XRechnung, so companies must convert their invoices to the new XRechnung format.
An XRechnung is an XML-based invoice format, so the extension of the XRechnung documents is .xml and therefore, a pure structured data record. Also, XRechnung traces back to Directive 2014/55 / EU and the EN 16931 standard and implements all the requirements for invoicing.
You need software from the service provider to create the XRechnung documents. We as the MDP Group offer you the services called XRechnung Viewer and XRechnung Generator so that you can create, convert and implement your invoices.
The coordination office for IT standards (KoSIT) developed and is still regulating the XRechnung. As a data exchange standard, XRechnung is operated by KoSIT on behalf of the IT planning council. In addition, KoSIT coordinates and designs the further development and redesign of XRechnung.
Digital Marketing Manager
Main Features and Benefits of SAP TM
In today's globalised and rapidly increasing technology, competing with competitors has become more challenging than ever. In such a business world,...
What is Big Data?
Since the past, people have recorded events and information by writing. In this way, they transferred what they knew and the cultural developments of...
Discover the Power of SAP Joule, the AI-Powered Assistant
Digital transformation is affecting the business world more and more every day with the speed of technology. Businesses are increasingly using...
What is SAP Application Interface Framework (AIF)?
SAP Application Interface Framework (AIF) is an SAP add-on that facilitates integrations of business users and enables their monitoring. It enables...
What is the Role of an SAP EWM Consultant?
What is SAP EWM?First of all, we need to answer the question what is "SAP Extended Warehouse Management (EWM)?" SAP EWM, for short, can be...
SAP Signavio Process Manager – SAP Solution Manager Integration
New Business Process Connector for SAP Signavio SolutionsThe SAP Signavio solutions now feature an upgraded business process model connector,...
What is SAP Integration Suite?
The integration process has an important place in the digital transformation field because integration enables reliable, scalable, and efficient data...
5 Steps to Continuous Improvement
Continuous improvement is the most basic key to success in corporate life. Implementing new strategies, making improvements in existing processes,...
What Are Side Effects in SAP RAP?
In SAP RAP (Restful Application Programming) side effects refer to the impact that changes in one part of the data model or UI can have on other...
Your mail has been sent successfully. You will be contacted as soon as possible.
Your message could not be delivered! Please try again later.