Peppol Business Interoperability Specifications
(BIS) are developed in Europe for Procurement processes to standardise electronic documents
exchanged between sending and receiving Access Points (AP).
Singapore has adopted and implemented several documents
to help enterprises improve efficiency, reduce cost and stay green
by using electronic documents instead of physical documents.
SG Peppol BIS Billing 3.0 is a Singapore extension to the European Peppol BIS Billing 3.0. The documents (Invoice & Credit Notes) are mandatory on the InvoiceNow network. Organisations can be a sender, a receiver or both.
SG Billing
Singapore has extended the European Peppol BIS 3.0 into SG Peppol BIS Billing 3.0 to cater for country specific requirements such as:
Local Tax
• Replacement of VAT(Europe) to Singapore's GST (Goods and Services Tax)
and to cater for non-GST registered businesses;
• Specific GST calculation and rounding steps for presenting amount in invoices;
• Update of GST code list values to identify the specific GST categories available for use.
Local Payment
• Singapore specific payment methods such as Direct Debit using GIRO and
Credit Transfer using Unique Entity Number (UEN) based on PayNow Corporate.
There are two specifications supported for the billing process:
1. SG Peppol BIS Billing 3.0 Invoice
2. SG Peppol BIS Billing 3.0 CreditNote
Singapore introduces additional e-documents (e.g. Order and Invoice Response) to support and enhance InvoiceNow network capabilities to deliver efficiency in the procurement processes.
Other Documents
Singapore will gradually introduce various documents to the network to meet the country's requirements and assist the enterprises with the digitisation of the procurement processes.
1) SG Peppol BIS Invoice Response 3 (same as Peppol BIS Invoice Response 3)
Singapore has adopted the standard Invoice Response specification to enable status update for invoices sent via the Peppol network instead of using manual email notification on the status of the invoices.
2) SG Peppol BIS Order Only 3
3) SG Peppol BIS Ordering 3
4) SG Peppol BIS Order Agreement 3