Options for mandatory e-invoicing adoption by businesses

Vince Dimasi, Natalie Brand and Andrew Bath summarise the key elements of a consultation paper, including three options to accelerate the adoption of e-invoicing.

The Data Economy Unit in Treasury released consultation paper (CP) ‘Options for mandatory adoption of electronic invoicing by businesses’, on Friday 20 November. The Federal Government considers that digital technologies can play an important role in driving productivity growth and supporting Australia’s recovery, post-COVID-19. Electronic invoicing (e-invoicing) allows the digital exchange of invoices between a supplier’s and buyer’s accounting systems using a secure and common network. I...

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Authors: Vince Dimasi, Andrew Bath,

Published Date: 24 November 2020