- Access Point
- Account Information Service Provider (AISP)
- Account Servicing Payment Service Provider (ASPSP)
- Accounts Payable
- Accounts Receivable
- Acknowledgement of Receipt
- Adherence Agreement
- Advanced Electronic Signature
- Allowance or Charge Information
- Application Programming Interface (API)
- AS4 Receipt
- Audit Trail
- Audit Trail or Log
- Authenticity and Integrity
- Automated Clearing House (ACH)
Access PointLast modified on: 14/03/22
in the Global Interoperability Framework, and more generally, is used to describe a service provider acting as the connection point for its customers to a network and potentially offering a range of supporting services. In PEPPOL an Access Point is a gateway linking the OpenPEPPOL community of suppliers and their service providers with various e-procurement solutions. It is a software service provided by an Access Point Provider that enables transfer of business documents such as orders and invoices over the PEPPOL Transport Infrastructure. The Access Point Provider is responsible for establishing its own connections with its PEPPOL participants and is likely to offer a range of other services. Access Point is also used in the context of CEF e-Delivery.
Account Information Service Provider (AISP)Last modified on: 14/03/22
An authorised entity that provides aggregation services related to payment accounts such as bank accounts. PSD2 allows AISPs authorised access to bank account data through an API.
Account Servicing Payment Service Provider (ASPSP)Last modified on: 15/07/22
Payment Service Provider (PSP) (bank or card issuer) that provides authorised access to bank account information. For PSD2 they are allowing API access to bank account data for AISPs and PISPs.
Accounts PayableLast modified on: 15/07/22
are monies owed by a customer to its suppliers arising in the normal course of business from the delivery of goods and services. They are usually represented by outstanding invoices.
Accounts ReceivableLast modified on: 15/07/22
are monies owed to a supplier by its customers arising in the normal course of business from the delivery of goods and services. They are usually represented by outstanding invoices.
Acknowledgement of ReceiptLast modified on: 15/07/22
A documented verification that goods have been received or services have been rendered. Typically, the acknowledgement is indicated by the recipient’s signature on a receipt or form.
Adherence AgreementLast modified on: 15/07/22
in the EESPA Multilateral Framework Agreement (MIFA) is an agreement entered into with another framework participant to agree the business profile of documents to be exchanged, and any specific aspects such as compliance requirements consistent with the common elements specified in the MIFA.
Advanced Electronic SignatureLast modified on: 10/08/22
is an electronic signature that has met the requirements set forth in EU Regulation No 910/2014 (e-IDAS-regulation) on electronic identification and trust services for electronic transactions in the EU internal market.
AggregatorLast modified on: 10/08/22
a service model whereby invoices from/to multiple senders are received at/sent from a single point of contact, acting as a service provider; sometimes referred to as a consolidator.
Allowance or Charge InformationLast modified on: 10/08/22
A group of information elements setting out details of allowances, or charges and taxes other than VAT, applicable to an individual invoice line item in an invoice.
Application Programming Interface (API)Last modified on: 10/08/22
A set of programming that are available for software developers when they integrate with a particular service or application.
ArchivingLast modified on: 10/08/22
data archiving is the process of moving completed transactional data to a separate storage device or location for long-term retention. Archived data consists of data that is still important to an organization and may be needed for future reference, as well as data that must be retained for regulatory compliance.
AS2Last modified on: 10/08/22
stands for Applicability Statement 2 and is a commonly used specification about how to transport data securely and reliably over the Internet. Security is achieved by using digital certificates and encryption.
AS4Last modified on: 10/08/22
is an open standard for the secure and payload-agnostic exchange of business-to-business documents using web services. Secure document exchange is governed by aspects of web services security, including XML encryption and XML digital signatures. Payload agnosticism refers to the document type (e.g. purchase order, invoice, etc.) not being tied to any defined SOAP (Simple Object Access Protocol) action or operation. AS4 is increasingly recommended as the successor to AS2.
AS4 ReceiptLast modified on: 10/08/22
the synchronous response on an AS4 request which corner 3 ( receiver’s service provider) returns to corner 2 ( sender’s service provider) in a four-corner model network to acknowledge receipt of a message. It provides a unique reference to the message being exchanged.
AttachmentLast modified on: 10/08/22
refers to a document or dataset provided or archived in addition to an invoice containing supporting information such as expense details. It may also refer to the practice of rendering a PDF invoice as an attachment to an email.
AuditLast modified on: 10/08/22
is a systematic and independent examination by an auditor, whether external or internal, or a regulator of the books, accounts, and documents of an organization to ascertain how far the financial statements, records and non-financial disclosures present a true and fair view of the concern and its transactions. Audits are commonly carried out on VAT invoices on a post-transaction basis to ascertain the correctness of treatment and of the resultant tax liabilities.
Audit TrailLast modified on: 10/08/22
is a chronological record that provides documentary evidence of the sequence of activities that have affected at any time a specific operation, procedure, transaction or event. The auditing of an invoicing process may involve the review of an audit trail to report matching of orders, deliveries, invoices and payments to prove authenticity and integrity of the invoice, and the appropriateness of business controls.
Audit Trail or LogLast modified on: 10/08/22
is a chronological record that provides documentary evidence of the sequence of activities that have affected at any time a specific operation, procedure, transaction or event. The auditing of an invoicing process often involves the review of an audit trail to report matching of orders, deliveries, invoices and payments to prove authenticity and integrity of the invoice, and the appropriateness of business controls.
Authenticity and IntegrityLast modified on: 10/08/22
‘Authenticity of the origin’ means the assurance of the identity of the supplier or the issuer of the invoice and ‘Integrity of content’ means that the required invoice content has not been altered at any point after its issuance. They are key aspects of VAT regulations affecting invoices.
Automated Clearing House (ACH)Last modified on: 10/08/22
An electronic clearing system in which payment orders are exchanged amongst participants and handled by a data-processing centre.