Generix named in the 2024 Gartner® Magic Quadrant™ for Warehouse Management Systems (WMS) for the sixth consecutive year View the press release

June 1, 2017

[News brief] Another example of compulsory E-billing: Spain and SII

While the idea was launched back in 2014, 2017 is the year we will finally see the Spanish government pushing for more stringent and compulsory government reporting on invoices. The Immediate Supply of Information on VAT System (SII) is currently in its pilot program and will be a requirement for all companies which turnover is over 6M€ from 1st July and, probably, for the rest of business in Spain from the beginning of 2018.


What is SII?

SII is the Spanish Tax Agency (AEAT)’s new VAT management system. In a way to cut down on VAT fraud, this upgraded system will require companies to issue and receive electronic invoices and send electronic data of any invoice directly to AEAT within four calendar days (eight calendar days if invoices are issued by a third party). This also includes simplified invoices (receipts). So, basically, companies will be required to supply the tax agency with real time VAT data on all invoices.

What does this mean for business in Spain?

The introduction of SII is already underway with a number of businesses who have been selected to participate in this year’s rollout plan (Generix Group is included in this pilot launch). Once it becomes a requirement from 1st July of 2017, about 62,000 Spanish companies will be affected (so approximately 80% of transactions made in the Spanish economy). These companies include those whose trading volume is over six million euros, VAT corporate groups, voluntary participants, and companies registered in the REDEME scheme.

What does this mean for Generix Group?

Generix Group has already launched a solution that can easily be integrated into a company’s existing system. The platform will collect information through any ERP via an adaptor, convert it to the XML format required by AEAT’s system, and send all necessary information directly and securely to the tax agency. This solution will be available as SaaS and On-Site. Our aim is to make this transition to SII as pain-free for all businesses as possible.

Browse more resources


Top Features to Look for in WMS Software

Discover the top features of WMS software that can revolutionize your warehouse operations. Learn about real-time inventory tracking, automated order management, advanced analytics, and more to boost efficiency and accuracy.

WMS Software for Ecommerce
e-Commerce, Warehouse

Why You Need WMS Software for Ecommerce Success

Discover why WMS software is essential for ecommerce success. Learn how it enhances inventory management, order fulfillment, and cost savings to boost your business.

WMS Small Business

Optimize Your Small Business with WMS Software

Optimize your small business with WMS software to enhance scalability, reduce costs, and improve operational efficiency. Discover the key benefits and streamline your warehouse operations.

Ready to optimize the flow of goods + data across your supply chain?

Work with our team to build your ideal supply chain software stack and tailor it to your unique business needs.