Key Features of a Good Invoice Generator for Portugal
Choosing an invoice generator for Portugal requires specific features to ensure compliance with local and EU regulations. A good generator must support the inclusion of all mandatory VAT details, such as the net price, applicable VAT rate, and the total VAT amount due. It should also clearly display the legal reference for any VAT exemptions. Crucially, the software needs to handle Portuguese Tax Identification Numbers (NIF), which are nine-digit numbers for individuals and businesses, often prefixed with "PT" for VAT purposes. Invoices must be in Portuguese, though bilingual options are acceptable if a translation can be provided upon request. All monetary values, especially VAT amounts, must be presented in Euros, even if the transaction currency differs. For Business-to-Government (B2G) transactions, support for UBL 2.1 CIUS-PT, Portugal's national adaptation of the European e-invoicing standard, is mandatory.