What is PD CEN/TS 16931-2 - E-invoicing syntaxes about?
PD CEN/TS 16931 is a series that discusses standards for electronic invoicing (e-invoicing). PD CEN/TS 16931‑2 is a part of multi-series electronic invoicing that focuses on a list of syntaxes that comply with EN 16931-1.
PD CEN/TS 16931-2 provides the list of syntaxes that complies with and allows to express syntactically the core invoice model as specified in EN 16931-1, according to the selection criteria provided by the standardization Request.
The selection of the syntaxes is derived from the Standardization Request. It states that to limit costs on public authorities, the list should ideally not exceed five syntaxes. Four syntaxes were taken into account and assessed according to criteria provided by the Standardization Request.
PD CEN/TS 16931-2 provides the conclusions following the assessment of the following four syntaxes:
- UN/CEFACT cross-industry invoice XML message as specified in XML Schemas 16B (SCRDM - CII)
- UN/EDIFACT INVOIC message as present in the United Nations rules for Electronic Data Interchange for Administration, Commerce and Transport (UN/EDIFACT) directory version D.14B
- UBL invoice and credit note messages
- Financial invoice financialInvoiceV01 message
Who is PD CEN/TS 16931-2 - E-invoicing syntaxes for?
PD CEN/TS 16931-2 on E-invoicing syntaxes is useful for:
- E-invoice suppliers
- Organizations in the private and the public sector for public procurement invoicing
- E-invoice contracting authorities/entities
- Procurement industry
- Legal and compliance industry
- Trade officials
Why should you use PD CEN/TS 16931-2 - E-invoicing syntaxes?
The adoption of e-invoicing within the EU would lead to significant economic benefits and it is estimated that moving from paper to e-invoices will generate savings of around EUR 240 billion over a six-year period.
BS EN 16931-2 describes the technology stack of the four syntaxes and respective versions by illustrating the base syntax, the names and versions of e-Invoicing messaging standards as well as the code-list versions.
BS EN 16931 series and its ancillary standardization deliverables will enable semantic interoperability of electronic invoices, and help remove market barriers and obstacles to trade deriving from the existence of different national rules and standards and thus contributing to the goals set by the European Commission.
Compliance with PD CEN/TS 16931‑2, ensure interoperability of electronic invoices, thereby contributing to the removal of trade barriers. This will help you expand business operations to newer markets.