Invoicing with foreknown is now even more flexible and convenient! With our latest updates, we offer you powerful features that optimize and simplify your billing processes while ensuring that you meet all legal requirements for invoicing.

With the current foreknown release 2.14, we have provided two further useful functions for creating invoices.

Different Billing & Delivery Addresses

Many companies require separate billing and delivery addresses to ensure internal accounting processes. With foreknown, you can now easily store different addresses for the service recipient, the invoice recipient and the recipient of deliveries at the customer and apply them individually via the billing profiles to ensure maximum flexibility in invoicing.

See also our documentation under "Companies & Contact / Companies / Addresses"

Direct Debit as Payment Method

You can now activate the “Direct Debit” billing method in foreknown and manage the necessary data such as bank details, mandate reference and creditor identification number. Invoices that are created using the direct debit procedure automatically receive all the necessary information both in the PDF document and in the e-invoice data.

See also our documentation under "Company & Contacts / Company / Conditions"

We have already provided the following functions with the latest releases.

Reverse Charge Procedure

We already implemented the reverse charge procedure in the last release, which enables you to process your tax obligations smoothly. This function can be activated individually for each company so that you can decide flexibly whether and when you want to use the procedure. The required information and adjustments are ensured both in the PDF document and in the e-invoice data.

See also our documentation under "Best Practices / Reverse Charge Procedure"

Support for E-Invoicing

Since January 1, 2025, you can specify in foreknown that your invoices are created as e-invoices in accordance with the EU standard EN 16931 or the X-Rechnung standard for German public administrations. These e-invoices are simply sent by e-mail in the familiar PDF/A-4 format. They can be opened and read like normal PDF files. However, machine-readable XML files are attached to these documents, which enable automatic processing of the electronic PDF invoices in your customers' accounting departments.

See also our documentation under "Invoices / Invoices / E-invoices

And much more...

And of course foreknown offers many more functions to make invoicing as easy as possible for you. Here is an excerpt of the most important functions:

  • Billing Profiles: Create billing profiles with which you can individually define the creation of invoices and activity reports and their dispatch via e-mail for each customer.
  • Invoicing Assistent: Use our invoicing assistent to convert all billable services into invoice items based on the order.
  • E-Mail Dispatch: Send all invoices as a PDF including e-invoice data, activity reports and other PDF documents either separately or as one large PDF to the customer's email address.
  • Templates: Create your own invoice, activity report and e-mail templates in order to be able to map both your requirements and those of your customers individually.

Other functions such as discounts, multiple VAT rates, cash discounts and much more are of course also supported with foreknown.

Conclusion

With the new functions of the current release, we are completing the already extensive range of invoicing functions in forekown and thus fulfilling our ambition to provide a comprehensive and efficient invoicing solution.