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?
Registered with REDEME (Monthly VAT Return Registry)
Which files in register?
Books of invoices sent
Books of invoices received
Books of capital goods
Books of certain Intra-Community transactions
- 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
Easy Error handling
Detailed Documentation for Self-Implementation
Tailor-Made Interface Adaptation with User Exits
End to End Integration Project