SNI Saudi Arabia e-Invoicing is a comprehensive solution designed to help businesses comply with the Zakat, Tax and Customs Authority (ZATCA) e-invoicing mandate in Saudi Arabia. The regulation, which became mandatory on December 4, 2021, requires resident taxpayers and third parties acting on their behalf to issue electronic invoices for B2B and B2C transactions, including debit and credit notes. The e-invoicing system in Saudi Arabia is structured in two phases. Phase 1: Mandatory e-invoice generation and archiving. Phase 2: Integration with ZATCA’s e-invoice portal and submission of invoices. SNI’s solution supports both phases and ensures full compliance with the technical and legal requirements set by ZATCA.

Features

• Automated Invoice Creation & Submission: Automatically generates and sends electronic invoices to ZATCA and trade partners.
• Archiving: Exports e-invoices to local storage for mandatory archiving.
• Format Compliance: Generates invoices in XML or PDF with embedded XML, including mandatory fields, QR codes, and buyer VAT numbers.
• Security Features: Applies cryptographic stamps, hash, and UUID to invoices.
• SAP Integration: Extracts accounting and transaction data from SAP modules and integrates seamlessly with SAP ECC 4.7+, SAP BTP, SAP R3, and SAP S/4HANA.
• ERP Independence: Offers ERP-independent solutions compatible with any ERP system.
• Connector Flexibility: Uses SNI’s e-invoice connector or any client-chosen connector for document exchange.

Benefits

• Regulatory Compliance: Ensures adherence to ZATCA’s evolving e-invoicing requirements.
• Operational Efficiency: Streamlines invoice generation, validation, and submission processes.
• System Compatibility: Works with various SAP versions and ERP systems without requiring upgrades.
• Scalability: Supports gradual expansion of Fatoora implementation across different taxpayer groups.
• Security & Transparency: Enhances invoice authenticity and traceability with advanced security features.