Odoo electronic invoicing in Finland¶
Odoo Invoicing is your trusted partner for safe, efficient, and legally compliant e-invoicing solutions tailored to Finland’s regulatory standards.
Legal framework for e-invoicing in Finland¶
In Finland, businesses must comply with e-invoicing regulations to ensure secure, authentic, and storable transactions. The primary legal framework governing e-invoicing is the Act on Electronic Invoicing (241/2019), which aligns with EU Directive 2014/55/EU on electronic invoicing in public procurement. Under Finnish law, all B2G transactions require the use of electronic invoices via Apix Messaging or other Peppol-connected platforms, Finland’s standard for public sector e-invoicing. Finland is also part of the Peppol network, ensuring interoperability and standardization for cross-border e-invoicing within the EU. Additionally, e-invoicing is widely adopted for B2B transactions, promoting efficient processes and improved tax compliance.
Compliance with Finnish e-invoicing regulations¶
Odoo invoicing module makes it easy for businesses to adhere to Finland’s e-invoicing regulations. Here is how Odoo ensures compliance:
Supported formats: Odoo supports the e-invoicing formats widely used in Finland, including TEAPPSXML, Finvoice, and the standardized XML in UBL format required for Peppol compliance. This ensures compatibility with Finnish platforms such as Handi for public sector invoicing and eKuitti for enhanced receipt management and e-invoicing.
Secure storage and retrieval: In accordance with Finnish regulations requiring businesses to store invoices for a minimum of seven years, Odoo securely archives all invoices in a tamper-proof system, allowing for easy retrieval during audits.
Automatic VAT calculation and reporting: Odoo Invoicing ensures compliance with Finnish VAT requirements by automatically calculating and including VAT in invoices and formatting them to meet the legal standards for both B2B and B2G transactions.
Disclaimer
This page provides an overview of Finnish e-invoicing laws and how Odoo Invoicing supports compliance with the Act on Electronic Invoicing, Peppol standards, and other relevant regulations. It is not intended as legal advice. We recommend consulting with a tax advisor or legal professional familiar with Finnish e-invoicing regulations to ensure compliance tailored to your specific business needs.