E-invoices are widely stimulated for B2B and B2G in New Zealand.
Even though there is no obligation yet, switching to electronic invoices has many benefits.
Discover below what the options are for sending e-invoices and get started in a few easy steps.
At the moment, there is no obligation to use e-invoicing for B2B or B2G in New Zealand. It is likely this will change in the future.
Apart from a legal obligation, using electronic invoices has many benefits such as saving time and money and avoiding invoice fraud.
Discover how you can send your first e-invoice today.
The New Zealand government does not have a public portal for submitting or receving e-invoices.The prefered network for e-invoicing in New Zealand is the general, global Peppol Network.
In order to start sending e-invoices you need to register on a Peppol Access Point, such as Billit.
With a tool like Bililt, you can safely create, send and receive your New Zealand e-invoices within the same platform. Registering on the Peppol network and sending your first e-invoice only takes a few minutes.
If you want to send invoices via Peppol you only have to register on an official Peppol Access Point.
Follow the steps below to register on the Billit Access Point and send your first invoice.
Peppol is a secure and closed network with many advantages:
The identity of everyone affiliated with the network is verified, so you can be sure that the invoices you receive are genuine, and you avoid invoice fraud.
The invoices you send through the network are completely digital, so you can process them automatically in your invoicing software.
E-invoices in the UBL standard are automatically read correctly. This prevents human error during processing.
Linking to your bank account means that outgoing and incoming invoices are automatically matched and you get a better overview of your company's financial situation.
Peppol is fast: your recipient will receive your invoice within 10 minutes of sending it. Combined with automatic processing, this will save a lot of time.
Peppol is an open network for securely sending and receiving business documents such as invoices. It is designed to simplify the purchase-to-pay process between governments and suppliers. Peppol was developed by the European commission but is on its way to become a global standard.
There are many kinds of identifiers for sending invoices via Peppol. Find out the difference between each option below.
Type | Description | Example |
---|---|---|
New Zealand Business Number (NZBN) | A 13-digit enterprise number for companies. It works as a unique ID and allows other entrepreneurs to safely look up information about companies they do business with. | 9429000106078 |
According to e-invoicing specifications in New Zealand you may be required to add additional information to your invoices. This is the case for contract, tender and project numbers.
There are no default fields for these numbers in Billit, but you can add extra fields.