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Invoicing

Introduction to Collective Invoicing in Japan

Written by Elaine Chai on . Posted in Exact Globe

As I have shared in the previous product blog, Collective invoicing for Japan will be available as of Exact Globe Next product update 405, which will be available in the end of October. But you are probably asking yourself what Collective invoicing is.

Collective invoicing is also known as monthly invoicing and is commonly used in Japan as well as other countries. Businesses in Japan, tend to have many small orders with small amounts due to the outsourcing system, therefore these invoices are grouped and processed on a monthly basis. Each collective invoice contains a unique number. As a result, companies have less administrative work. 

Stay tuned! Soon we will share more information about changes in collective invoicing for Japanese localizations that will be available in Exact Globe Next product update 405.

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