Introduction of electronic ZUGFeRD invoice

ZUGFeRD allows the exchange of invoices between supplier and payer without any requirements for prior arrangements. ZUGFeRD invoices can be deployed universally and are not limited to specific industry sectors or company sizes. Private enterprises as well as public administration can efficiently organize their invoice processing with ZUGFeRD.The standard has been created by a working group which comprises members from the public administration, three German federal ministries, industry associations in the financial, tax and software sectors, and other organizations. The working group is called »Forum elektronische Rechnung Deutschland» (FeRD) which means »Forum for electronic invoices Germany«. ZUGFeRD is abbreviated for »Zentraler User Guide des Forum elektronische Rechnung Deutschland«. The goal of ZUGFeRD is to enable electronic invoice exchange including structured data in the public and private sectors. See https://www.pdflib.com/pdf-knowledge-base/pdfa/zugferd-invoices/.