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Technology and Business

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VeriFactu: what it is and how it affects your billing
With the introduction of VeriFactu, the Spanish australia telegram data Tax Agency has taken a significant step towards digitalisation and transparency in invoice management . This system not only seeks to combat tax fraud, but also to make life easier for companies by automating and securing their invoicing processes.

VeriFactu is presented as an indispensable tool for any company that wants to comply with tax regulations efficiently and safely. In this post, we will explore in depth what VeriFactu is, how it works and how it can impact your business . In addition, we will analyze the key features of the system, its implementation date, the identification of VeriFactu invoices and the advantages it offers.

What is the VeriFactu system?
VeriFactu is a system promoted by the Spanish Tax Agency whose main objective is to combat tax fraud and promote the digitalization and automation of billing processes. This system requires companies to generate a high-quality billing record simultaneously or immediately prior to issuing the invoice. Billing computer applications must comply with a series of technical and legal requirements to guarantee the integrity, conservation, accessibility, legibility and inalterability of the billing records.
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