Do you support e-invoicing in QBO with e-invoices according to EN 16931 (supported national formats in Germany: XRechnung and ZugFeRD

bkim_gitauto · ‎February 21, 2024

We are a 5-person sales organization that will start using QBO this year. As of 01/01/2027, e-invoicing is mandatory for companies with an annual turnover of more than €800,000. Do you have any plans to support e-invoicing in QBO with e-invoices according to EN 16931 (supported national formats in Germany: XRechnung and ZugFeRD), which defines the semantic model related to the data to be included in the invoice?

https://edicomgroup.com/blog/germany-b2b-electronic-invoice

01/01/2025
All businesses must be able to receive e-invoices.
Voluntary issuance of e-invoices.
01/01/2027
Mandatory issuance of e-invoices for companies with an annual turnover exceeding €800,000.
01/01/2028
All businesses are required to issue B2B e-invoices.

Phased-in acceptable formats
01/01/2025
Paper
Electronic invoices according to EN 16931, which defines a semantic model related to the data to be included in the invoice: Supported national formats in Germany: XRechnung and ZugFeRD.
Other formats (XML, EDIFACT, X12, etc.)
Effective 01/01/2027

Paper: Accepted under special conditions
Electronic invoices according to EN 16931, which defines a semantic model relating to the data to be included in the invoice: Supported national formats in Germany: XRechnung and ZugFeRD.
Other formats (XML, EDIFACT, X12, etc.): Accepted under special conditions
01/01/2028
Electronic invoices according to EN 16931, which defines a semantic model regarding the data to be included in the invoice: Supported national formats in Germany: XRechnung and ZugFeRD.

4Gal · ‎February 21, 2024

E-invoicing requirements aside, why should you use QBO and not another accounting application?

bkim_gitauto · ‎February 21, 2024

We have a headquarters in South Korea with and have three subsidiaries in US, Germany, and China. We do consolidated accounting every quarter, and the US subsidiary is using QB and others are working with xls. We want to gather accounting data with the same format as much as possible. (The headquarters uses an ERP called Douzone, in Korea).

CharleneMaeF · ‎February 21, 2024

Hi there, bkim. I understand the importance of using the e-invoicing feature in QuickBooks Online (QBO).

At this time, this functionality is unavailable in QBO. As a workaround, you may consider using an invoicing app. QBO supports thousands of third-party applications for all your functional needs. Visit the Intuit App Center and enter a keyword in the search bar to explore the options, or use the Apps menu inside the program. You can follow these steps:

On the left panel, click Apps.
Go to the Find Apps tab.
Use the search bar to look for an app.

Furthermore, I encourage you to send feedback to our Product Development Team. We regularly review customer requests and take them into consideration when prioritizing product enhancements.

You can also review this link on managing invoices in QBO: Create invoices.

Additionally, I'm adding this article you can utilize to manage and personalise your invoices: Customise invoices, estimates, and sales receipts.

Thank you for your patience and understanding as we implement this feature. We aim to provide you with the best experience in the future. If you need further assistance, please tag my name in the comment section. Take care!

4Gal · ‎February 21, 2024

@bkim_gitauto

It means you don't have to use QBO. As I know, you may need to file your tax report with Datev in Germany. I would recommend to explore Zoho and it supports Datev. Since they support Datex, I'm sure they will also improve their products to comply with e-invoicing requirements in Germany.

https://go.zoho.com/58D

You should ask your Chinese partner to use QBO or Zoho. You can purchase a 3rd party service to convert data from XLS to QBO or Zoho.

Then you can recommend HQ in South Korea to use a BI app to consolidate report from all subsidiaries.

https://go.zoho.com/M5c