Author: Shannon Friedman

While several South African businesses have already adopted e-invoicing as standard practice, others are still pondering the implications of what impending changes to SARS’ VAT reporting requirements will be. With these changes to the tax authority’s VAT reporting framework likely to be implemented in 2028, it’s becoming more urgent for businesses to consider how they’re going to be ready to comply with e-invoicing, as the ‘when’ is clear and coming closer every day. E-invoicing allows for greater automation and less manual administration regarding billing, reconciliations, reporting and document capture, while offering increased visibility into transactions via real-time reporting through meaningful…