The reverse charge procedure is a tried and tested method of VAT processing that is used primarily in international trade and in certain industries. But what exactly does this mean and how can foreknown support companies?

Release 2.13.0 of foreknown provides an official solution for the creation of invoices and e-invoices using the reverse charge procedure.

Release 2.12.0 of foreknown now enables the creation of e-invoices in accordance with the EN 16931 and X-Rechnung standards. Furthermore, subscription services for "other positions" of an order can be defined and the dialog for entering activities can be adapted.

Everyone is talking about e-invoicing and from 01.01.2025, companies with B2B sales must be able to send and receive e-invoices. In this article, you can find out how easy it is to meet these requirements with foreknown.