If you’re part of the business landscape in Australia or New Zealand, chances are you’ve heard about the new Peppol PINT A-NZ Billing specification. With the deadline approaching, businesses across both countries will soon need to comply. But what exactly does this change mean for you?
In this article, we’ll break down the essentials of Peppol PINT A-NZ Billing and explain how it impacts your eInvoicing process, with a look at how tools like MessageXchange can help you make the transition seamlessly.
What Is Peppol PINT A-NZ Billing?
Peppol PINT A-NZ Billing is the latest specification mandated by the local Australian and New Zealand Peppol authorities. It’s an update to the Peppol BIS 3.0 format, which has been in use since 2018. This new specification introduces some technical changes aimed at improving efficiency and standardising processes across the region.
But why the change? This new specification is part of a broader vision to ensure that different regions’ Peppol standards can work together seamlessly, enabling smooth cross-border eInvoicing.
Key Changes in PINT A-NZ Billing
1. New Identifier Values
In the updated format, identifier fields within the Universal Business Language (UBL) files indicate whether they follow the old or new specification. This ensures that every document can be accurately classified and processed according to its version.
2. Wildcard Scheme for Receiving Capabilities
The Peppol network uses the Service Metadata Publisher (SMP) to store essential information, such as business identifiers and message types. With the PINT update, businesses can register for multiple specifications (e.g., A-NZ, Singapore, Japan) using wildcard notations like pint:billing-1*, making it easier to manage cross- border transactions.
3. Refined Business Rules
The business rules in PINT have been streamlined, with redundant rules removed and important ones clarified. This revision simplifies compliance while maintaining the integrity of eInvoicing standards.
4. Enhanced Specification Documentation
Now published on the OpenPeppol website, the PINT documentation is more accessible and user-friendly, with options for semantic and syntax-based navigation.
Why These Changes Matter
Australia and New Zealand aren’t the only regions with their Peppol eInvoicing standards. Japan, the EU, and Singapore have their own, too. With the PINT standard, Peppol is aiming for global interoperability. The ultimate goal is to make cross-border invoicing as seamless as local invoicing, helping businesses like yours streamline operations, reduce manual processes, and improve accuracy in billing.
Practical Impact: How Will This Affect Your Business?
For businesses using business management platform like MYOB Acumatica, here’s what the PINT A-NZ Billing update means for you:
Accounts Payable/Receivable Software Adjustments
If your software exports or imports the Peppol UBL file, adjustments may be needed to align with the new PINT standards. MYOB Acumatica ERP paired with MessageXchange can facilitate this transition, ensuring your software remains compatible and efficient.
Access Point Updates
Access Points (like MessageXchange) map UBL files between software systems. If you use MessageXchange, these updates will be managed within the integration itself. With its powerful connection to MYOB Acumatica, MessageXchange can adjust mappings as needed without disruption.
Compliance Deadlines
To keep your business compliant, here are the deadlines to keep in mind:
- From 15 November 2024, if you’re receiving eInvoices, you must be able to process the PINT A-NZ specification.
- By 15 May 2025, all businesses sending eInvoices must use the PINT A-NZ format.
For more detailed information on the Peppol PINT A-NZ Billing specification, visit the Australian Taxation Office’s Peppol page.
How MessageXchange Supports Your Transition
Whether you’re sending invoices to a supplier in New Zealand or receiving purchase orders from Australia, MessageXchange, through its seamless integration with MYOB Acumatica, simplifies these tasks for you.
To explore how MessageXchange can integrate with your MYOB system, check out: https://home.messagexchange.com/integrations/myob/
Can You Send eInvoices Cross-Border?
The answer is yes—if your Access Point and software support the various Peppol specifications, cross-border invoicing is possible. With MessageXchange, MYOB users can confidently handle cross-border eInvoices, ensuring smooth international business operations.
Conclusion: Ensuring Your Business Is Ready
At AlphaBiz Solutions, we’re dedicated to helping Australian businesses stay on top of eInvoicing changes. Peppol PINT A-NZ Billing is a technical shift, but with the right tools, such as MYOB Acumatica and MessageXchange, your business can transition smoothly.
If you’re curious about how these changes impact your MYOB setup, feel free to contact us. We’re here to make the path to compliance as straightforward as possible, helping your business achieve new levels of efficiency and connectivity.