Transitioning from Manual Billing
The Future of Invoicing: Transitioning from Manual Billing
The Spanish government has introduced the Verifactu system to fight fraud and digitalize the economy. Transitioning from Manual Billing is a core pillar of this transition.
Technical Requirements
- Unalterability: No more manual deletion of invoices.
- Traceability: Every record is linked to the previous one via chained hashes.
- Connectivity: Real-time data exchange with the Tax Agency.