Foriba

Foriba Immediate Information Sharing (SII)

What is Immediate Supply of Information (SII)?

In Spain, e-Invoicing is mandatory for all B2B and B2C transactions between registered companies

Who is in scope?

Large businesses
VAT Groups
Registered with REDEME (Monthly VAT Return Registry)
Voluntarily adoption

Which files in register?

Books of invoices sent
Books of invoices received
Books of capital goods
Books of certain Intra-Community transactions

Advantages

  • VAT assessments can be filed and paid ten days later than usual
  • Third party transactions, record books, annual VAT summary will no longer required to be filed.
  • Taxpayers can doublecheck the information supplied by their customers/suppliers, provided that they are also within the system.

Foriba SII Product Features

  • Integrated with AEAT

  • No Effects on SAP Standards and Upgrades

  • Easy to Integrate with SAP Standard Modules

  • Same Platform for Financial and Regulative Datas

  • Fully Customized Reports and Notifications

  • No need any additional User and Platform to manage the Process

  • Fast Adaptation to Regulation Changes,

    Bug Fixes and New Features

  • Less Implementation Cost for Feature

    e-Transformation Projects

  • Easy Error handling

  • Detailed Documentation for Self-Implementation

  • Tailor-Made Interface Adaptation with User Exits

  • End to End Integration Project

How to get started

Contact Foriba for a detailed live demo on our SAP environment. Our experts could provide both remote and on-site demonstrations.

Contact Us