Electronic Invoicing for Success: Comply with the Crea y Crece Law
30 November 2023
If your company is established in Spain, it is essential to comply with the requirements established by the Crea y Crece Law.
Are you facing challenges in complying with the new Crea y Crece Law? The changing business environment demands adaptability and efficient tools to meet new regulations. If you're grappling with these challenges, you're in the right place. At ALBIRA Solutions, we understand the complexities of change and offer advanced technological solutions to ensure your success.
What does the Crea y Crece Law entail?
Law 18/2022, known as the Crea y Crece Law, will transform the business landscape, fostering creation and development. How? By mandating the use of electronic invoices between 2024 and 2025, a change that will be a game-changer for the business fabric. This law, designed to address delays in commercial transactions, is what small and medium-sized enterprises need to improve their liquidity and profitability. Additionally, it will not only provide significant cost savings but also minimize errors inherent in manual processes.
What is an electronic invoice?
An electronic invoice has identical legal effects to a printed paper invoice. It serves as a backup for transactions of goods or services conducted in electronic format, ensuring an efficient and legally valid exchange.
FACe: Simplifying the Submission of Electronic Invoices to the Administration
FACe, the General Entry Point for Invoices of the General State Administration, centralizes the submission of electronic invoices to government entities at the state, regional, and local levels. FACe requires the use of the electronic invoice format Facturae to submit invoices. Therefore, billing software capable of generating invoices in Facturae format is required.
Why is it so important to adapt now?
With the Crea y Crece Law implemented in October 2022, a two-year deadline is established for the implementation of electronic invoicing. However, it is essential to start this process as soon as possible to avoid economic sanctions and ensure a smooth transition. The obligation of electronic invoicing will be implemented between 2024 and 2025, depending on the billing volume of each company:
For companies with an annual turnover exceeding 8 million euros, the implementation deadline is 1 year once the technical regulations are approved.
For other companies with a turnover of less than 8 million euros, the implementation deadline is extended to 2 years from the approval of the technical regulations.
ALBIRA Solutions: Your Partner for Digital Innovation
With over 12 years of experience, at ALBIRA Solutions we are committed to providing advanced technological solutions backed by exceptional service quality. We are certified partners of Salesforce and Odoo, enabling us to offer customized solutions designed to meet the unique needs of each company.
Compliance Solutions with the Crea y Crece Law
Our Offer as Salesforce and Odoo Partners:
Salesforce Easy Invoices: If you have Salesforce, the world's number one CRM, our tool, Salesforce Easy Invoices, is designed to streamline the creation of electronic invoices, providing precise control over your billing, all from an intuitive control panel.
Simplifying Management with Odoo: Tackle the challenge of electronic invoices with Odoo, the most modern ERP solution that integrates all aspects of your business into a single platform in a simple, efficient, and affordable way.
Both solutions guarantee legal compliance without stress, freeing you from bureaucratic procedures and ensuring regulatory compliance. Additionally, we take care of worry-free implementation, handling the start-up and relieving you of the most technical details. With our personalized support, we offer training tailored to your company, allowing you to make the most of the software's capabilities.
Are you ready for the change?
Time is moving fast. Contact ALBIRA Solutions and take the step towards successful management of your electronic invoices, complying with the Crea y Crece Law, and boosting the growth of your company. Make the change an opportunity for success.