Supporting CA ANZ members
Published: 08 November 2023
eInvoicing continues to be adopted across New Zealand with many businesses and the wider government sector progressively becoming enabled to send and receive eInvoices.
Already there are more than 10,000 businesses registered to receive eInvoices, including 50 government agencies, and hundreds of accountants and household names.
We have a range of information and resources to help Chartered Accountants Australia New Zealand (CA ANZ) members and your clients join the eInvoicing revolution. It’s the next step for kiwi business.
Benefits for accountants
“There are huge benefits for our partners, our accountants, and bookkeepers, where their customers are actually using eInvoicing. It just makes the accountant and bookkeeper's job so much easier.”
Bridget Snelling – Country Manager, Xero NZ
eInvoicing cuts down on paper and eliminates time spent on manual entry and coding. Invoice data is transferred directly into your accounting system, reducing your admin burden. eInvoicing will reduce the time taken to chase your clients to find out what the invoices are for, simplifying your year-end tasks.
Benefits for your clients
eInvoicing means businesses no longer need to generate paper-based or PDF invoices that have to be printed, posted or emailed. This means buyers no longer need to manually enter invoices into their financial system, improving accuracy, security and speeds up payments.
“We’ve seen first-hand how eInvoicing offers businesses a faster, more accurate and more secure way to invoice – benefits that are real gains for businesses of all sizes. However, to truly maximise the opportunity eInvoicing presents, it’s vital that both SMEs and the larger businesses they provide goods and services to, get on board.”
Caroline Rawlinson – Chief Financial Officer, MYOB
By adopting eInvoicing, your clients’ business can share in the following benefits:
- Faster payment and improved cash flow
- Reduced admin
- Reduced processing costs
- Direct and secure information
- Universal connection
- Improved financial visibility
- Available to any business
- Improving our economy
An accountant’s experience with eInvoicing
Read about Mike Higgin’s experiences with eInvoicing.
Using eInvoicing has been a revelation for sole-trader accountant Mike Higgins in how much time and hassle he can save in his own business and for his clients.
Research raises awareness and understanding of eInvoicing
Our recently commissioned Kantar research shows accountants are the ‘go to’ for businesses who want to learn more about eInvoicing.
For CA ANZ members only: eInvoicing Drop-in sessions
Join the eInvoicing team to discover how eInvoicing can allow you and your clients to benefit from a smarter, more efficient, and secure method of invoicing. Linda More and Lisa Ringleff from the Ministry of Business, Innovation and Employment's eInvoicing team will answer your questions no matter how big or small.
Simply register your attendance for any of the following sessions:
Drop-in session 1: 21 November 12.30 to 1pm
Register for drop-in session 1(external link) — Microsoft Teams
Drop-in session 2: 24 November 12.30pm to 1pm
Register for drop-in session 2(external link) — Microsoft Teams
Drop-in session 3: 29 November 12.30pm to 1pm
Register for drop-in session 3(external link) — Microsoft Teams
Resources to help you get started
As many small businesses use Xero and MYOB, links to their websites for information on how to get started are included below.
Getting started with Xero or MYOB
Xero Business Edition and MYOB Business users can easily send and receive eInvoices now, and it’s free! Watch eInvoicing in action using Xero and MYOB – you'll see how easy it is. Or check out their websites for instruction on how to get started.
Watch: How to get set up with eInvoicing, for Xero and MYOB users
Register to receive eInvoices(external link) — Xero Central
Receiving eInvoices(external link) — Xero Central
Sending eInvoices(external link) — Xero Central
eInvoicing(external link) — MYOB
If you or your clients don’t use Xero or MYOB, check the list of more than 40 other software providers support eInvoicing.
Just for you – eInvoicing communications toolkit for accountants
We’ve developed a handy communications toolkit which includes sample emails for Chartered Accountants to help your small business clients:
- understand eInvoicing
- get set up to send and receive eInvoices
- let their trading partners know they’d like to send and/or receive eInvoices.
Please note: This content will change over time and can go out of date.