The New Traceable Invoice is now a reality in Spain and, with it, the Verifactu system driven by the Anti-Fraud Law. All management software companies will have until July 2025 to certify their programs and adapt invoicing and accounting processes to this new standard, which seeks to improve transparency and reduce tax fraud through the digitalization and traceability of invoicing records. From then on, all companies and self-employed workers, except those already subject to the SII, must work with management software with accounting and invoicing processes certified by the Spanish Tax Agency.
What is Verifactu and why is it important?
Verifactu is a system that allows companies to send their invoicing records directly to the Tax Agency automatically (although sending is optional), meeting specific integrity and traceability requirements. Some of the main features include:
- QR code on invoices to make them easier to identify.
- A reference to “VeriFactu” on the generated invoices.
- Unalterable event log for each invoice, guaranteeing that every movement is traceable and secure.
- Option to send invoicing records to the tax authority, simplifying the accounting process and increasing transparency.
In addition to providing trust and transparency, Verifactu will drive the digitalization and optimization of accounting processes in companies, creating a safer and more reliable environment.
Odoo and Birtum are already working on the solution
At Odoo and Birtum, we are already committed to this transition. Odoo has announced that it will certify its solution to comply with the Anti-Fraud Law, and as soon as the software is ready, at Birtum we will carry out the deployment, adaptation of invoice forms and the training necessary for our clients to be fully adapted.
Having Birtum and Odoo not only makes compliance with this new regulation easier, but also ensures that companies can benefit from an adapted and secure solution. At Birtum, we are actively working so that the transition is simple and guarantees full compliance with current legislation.
Working with Birtum is your guarantee of legal compliance and transparency. We are here to accompany you every step of the way toward success!
