In Hungary, public administrations must process and receive e-invoices. For others, e-invoicing is not mandatory. However, all B2G and B2B entities must report invoices in real time through the Tax Authorities’ NAV Online E-invoicing System in XML format. Here are the regulations:
Invoice Archiving
As per the Hungary’s regulations, e-invoices must be archived up to 8 years.
Formats
Hungary uses XML as format for e-invoices.
Transaction reporting
Transaction reporting is essential for combating fraud in Hungary. The requirements are:
– Information must be reported on a transaction-by-transaction basis when the invoice is issued, or within 24 hours.
– Data must be submitted in XML format through the tax authority’s portal.
– Submissions can’t be manual and must be fully automated from accounting, ERP, or billing systems.
Send & Receive e-Invoices in Hungary
Sending and receiving e-invoices is not yet mandatory in Hungary, except for public administrations.
However, it’s important to note that:
– E-invoicing is essential for organizations doing business with countries where it is required.
– It eases the digital reporting process.
Send and Receive E-Invoices With Klippa
Ensure compliance with e-invoicing standards and gain instant access to sending and receiving e-invoices through the Peppol network with Klippa’s API or no-code platform.
Easy E-Invoicing Integration via API
Integrate e-invoices with your current ERP, CRM, or financial software, ensuring smooth synchronization of data between different systems.
Convert invoices into formats required by Hungary’s regulations, such as XML or UBL.
Utilize our API or platform documentation for seamless integration
Are you working with a legacy system? We can help!
Seamlessly integrate Klippa’s API to send and receive e-invoices through networks like Peppol. Regardless of how old your current software is, we’re here to assist you every step of the way!
Optimize your financial workflows with Klippa’s cloud e-invoicing, offering an easy way to connect to EDI networks and comply with Hungary’s e-invoicing regulations.
Fast time to market
Connect our plug-and-play e-invoicing API and enable the exchange of electronic invoices in just a few hours.
Retain customers
Retain your customers & partners and attract new ones by adding e-invoicing capabilities to your workflow.
100% digital workflow
Achieve a 100% digital invoice processing workflow by leveraging invoice conversion to EDI file formats.
Reduce costs
Reduce costs by 60%, automating invoice processing without needing to develop your own solution.
Key Features of Our E-Invoicing Solutions
Conversion to UBL or XML
With Klippa, you can automatically convert your invoices formats required by the Hungary’s government such as UBL or XML.
Multi language coverage
Klippa’s e-invoicing solutions can process invoices efficiently in all languages using the Latin alphabet.
Data specific validation
While invoices are being converted to structured data, our API can verify the accuracy with fraud detection automation.
Digital Archiving
With our e-invoicing solution, you automatically save invoices up to 8 years as required by the Hungary’s laws.
Seamless API integrations
Seamlessly integrate with your existing ERP, CRM and other financial systems to easily add e-invoicing capabilities to your solutions.
100% secure and compliant
Our solutions meet 100% of regulatory requirements, ensuring compliance with international standards like ISO & PEPPOL.
Move past traditional invoicing limitations with our global e-invoicing approach
Process and issue invoices at scale while maintaining compliance with each country’s specific regulations, freeing you from the constraints of traditional systems with Klippa.
Scale your AP and AR processes seamlessly with e-invoicing
Is your organization encountering difficulties as you transition to e-invoicing? Our intuitive e-invoicing solutions can streamline the process. We guarantee a quick setup and complete adherence to industry standards and regulations.
We Take Your Data Privacy & Security Seriously
“It is extremely pleasant to work together with a party that is as ambitious as we are. The willingness and speed with which Klippa implemented specific modifications for us is impressive.”
Leon Backbier
IT Manager, Banijay Benelux
Go digital with Klippa’s e-invoicing solutions!
Let our experts show you how Klippa’s E-invoicing solutions can help you complying with Hungary’s regulations.
Frequently Asked Questions
How does e-invoicing work?
How does e-invoicing work?
Klippa’s e-invoicing API helps you convert invoice data into a standardized format which you can easily share with customers, vendors, or tax authorities.
You can integrate these systems into your existing financial software to automate the entire invoicing process.
Can I access the Peppol network with Klippa’s e-invoicing solution?
Can I access the Peppol network with Klippa’s e-invoicing solutions?
Yes, you can access the Peppol network using Klippa’s e-invoicing solutions. Klippa provides a fully compliant Peppol access point which allows businesses to send and receive invoices across the Peppol network efficiently.
Can I comply with Hungary’s e-invoicing regulations using Klippa’s solution?
Can I comply with Hungary’s e-invoicing regulations using Klippa’s solution?
Yes! Klippa offers you a complete solution to fully comply with all e-invoicing regulations in Hungary like invoice formats and archiving periods.
Can I process invoices from multiple languages?
Can I process invoices from multiple languages?
Klippa’s solutions provide support for all languages using the Latin alphabet, enabling global coverage for companies. This ensures that businesses can effectively use our solutions regardless of the language they operate in.
Does Klippa store processed data in its servers?
Does Klippa store processed data in its servers?
The answer is no. Klippa’s solutions adhere to data privacy regulations such as GDPR as we don’t store the data that has been processed with our solutions.
Is e-invoicing with Klippa secure?
Is e-invoicing with Klippa secure?
Yes, Klippa’s e-invoicing solutions use advanced security protocols to ensure data integrity and confidentiality. This includes encryption, access contral and compliance with international data protection regulations such as GDPR and CCPA.
Which data formats can Klippa convert invoices into?
Which data formats can Klippa convert invoices into?
Klippa’s e-invoicing solutions are designed to convert invoices into several data formats that are essential for compatibility with e-invoicing networks, ensuring broad interoperability and compliance with international standards. The key formats include:
UBL (Universal Business Language): Specifically designed for the global exchange of business documents in a standard format.
XML (eXtensible Markup Language): Essential for its flexibility and capability to encapsulate complex data structures, making it ideal for e-invoicing where detailed transaction information is necessary.
Can e-invoicing solutions from Klippa integrate with other business systems?
Can e-invoicing solutions from Klippa integrate with other business systems?
Absolutely, Klippa’s e-invoicing solutions are designed to integrate seamlessly with various ERP, CRM, and accounting systems via API connection. This integration capability allows for automatic invoice PDF conversion to UBL or XML enabling a seamless data processing workflow.