Self-billing

In self-billing the roles are reversed: the customer prepares the invoice for the goods or services it received and sends it to the supplier, who accepts it. The invoice is still the supplier's invoice for VAT purposes and must carry the supplier's details and VAT ID, together with a statement that it was issued under self-billing.

The EU VAT Directive permits self-billing on two conditions: a prior agreement between the parties and a procedure for the supplier to accept each invoice, explicitly or by not objecting within an agreed time. It is common where the customer holds the data needed to invoice, for example in commission settlements, marketplace payouts, agriculture or logistics. Kontevia can mark received self-billed invoices as sales of the user and book them on the revenue side.