Invoicing – VAT directives on project invoices

Important

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Enabled for	Public preview	General availability
Users by admins, makers, or analysts	-	Oct 1, 2020

Business value

This feature provides compliance with legal requirements for multiple geographies. A European Union (EU) directive provides regulations to be followed by all member states regarding invoice rules and information that must be included when creating invoices. The EU directive lists the information required by suppliers for their customers in the EU. For example, an invoice can include a reference that describes the legal grounds for a VAT zero-rating or an exemption.

Feature details

Project invoices and contract project invoices now support printing the tax directive texts, which are defined as user-created descriptions of sales tax codes. Previously, these directives were shown only for Eastern European countries/regions on project invoices, despite the requirements being applicable to all EU member states.

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See also

Tax directives for Europe (docs)