UBL(UBL)
Universal Business Language — an open-standard XML library for business documents (invoices, orders, despatch advices) maintained by OASIS and used by Peppol.
Related terms
Browse all →Invoice Reference Number
TechnicalA 64-character hash returned by India's Invoice Registration Portal that uniquely identifies a B2B invoice — without it, the invoice is not legally valid.
Peppol
TechnicalPan-European Public Procurement On-Line — an open, four-corner network for exchanging electronic invoices across borders, now adopted as the basis of mandates in the EU, Singapore, Australia, Malaysia, and others.
QR Code (Tax Invoice)
TechnicalA 2D barcode embedded in tax invoices encoding key invoice metadata (seller, VAT number, totals, timestamp). Mandatory in KSA Phase 1 and on simplified UAE invoices.
Clearance Model
E-invoicingAn e-invoicing architecture where invoices must be submitted to (and approved by) the tax authority before they can be sent to the buyer. KSA Phase 2 and India's IRP follow this model.
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