Post by account_disabled on Mar 5, 2024 2:08:01 GMT -5
Juan Sánchez , partner of the LIfeabogados firm, explains that “the assessment is positive, but let's not fool ourselves. Since the Late Payment Law was approved, large companies have already created, to avoid having to comply, perverse systems through which all SMEs must go. It is about presenting the invoice, its delivery notes, which delays the issue . This process is blocked until prerequisites are met.
Juan Sanchez, partner at LIfeabogados. (Photo: Lifeabogados)
Regarding these requirements, this commercial Fax Lists lawyer tells us that “ the budget that is sent to the SME must be validated first . If it is not validated, the invoice cannot be issued because, even if it is issued, it cannot be uploaded to the platform and it is as if it did not exist. The reality is that large companies continue to manage the times.”
In his opinion, “ those large companies do not dare to breach the legal deadlines because they then have to include it in the annual accounts but they have already found a way to pervert the system. They extend the deadline for issuing the invoice, so they pay when they want. And most SMEs tell you that.”
In order for this EU Regulation to work, this jurist highlights that “ there must be active inspection , as there is in labor and fiscal terms. If there is not, these bad practices go unpunished. SMEs do not report because they would be left out of the business system . “That has to come from a third party, including anonymous complaints to suggest that payments take a long time.”
In the end, many of these SMEs “ take between 120 and 150 days to collect, but not officially from the official date of the invoice because there are previous steps that must be taken that delay these payments. This type of verification is essential so that it is actually paid within 30 days. The numbers they put up about payments are really not real.”
Juan Sanchez, partner at LIfeabogados. (Photo: Lifeabogados)
Regarding these requirements, this commercial Fax Lists lawyer tells us that “ the budget that is sent to the SME must be validated first . If it is not validated, the invoice cannot be issued because, even if it is issued, it cannot be uploaded to the platform and it is as if it did not exist. The reality is that large companies continue to manage the times.”
In his opinion, “ those large companies do not dare to breach the legal deadlines because they then have to include it in the annual accounts but they have already found a way to pervert the system. They extend the deadline for issuing the invoice, so they pay when they want. And most SMEs tell you that.”
In order for this EU Regulation to work, this jurist highlights that “ there must be active inspection , as there is in labor and fiscal terms. If there is not, these bad practices go unpunished. SMEs do not report because they would be left out of the business system . “That has to come from a third party, including anonymous complaints to suggest that payments take a long time.”
In the end, many of these SMEs “ take between 120 and 150 days to collect, but not officially from the official date of the invoice because there are previous steps that must be taken that delay these payments. This type of verification is essential so that it is actually paid within 30 days. The numbers they put up about payments are really not real.”