Glossary

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Glossary

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D-U-N-S

Last modified on: 10/08/2022 23:36

is the Data Universal Numbering System or D-U-N-S® Number, Dun and Bradstreet’s (D&B) copyrighted, proprietary means of identifying business entities on a location-specific basis. Assigned and maintained solely by D&B, this unique nine-digit identification number has been assigned to over 100 million businesses worldwide.

Data

Last modified on: 10/08/2022 23:36

as defined in the Global Interoperability Framework (GIF), is the business content that needs to be conveyed between parties. This data could be virtually anything in terms of the information making up a message ‘payload’, but in the context of e-invoicing and supply chain exchanges are defined as structured data or documents pertinent to the financial supply chain, such as orders and invoices.

Data Protection

Last modified on: 10/08/2022 23:36

is the process of protecting personal data. It involves the collection and dissemination of data in automated systems, the public expectations of data privacy, and the political and legal underpinnings surrounding the way such data is processed, transferred and stored. In the EU Data Protection is governed by GDPR- the General Data Protection Regulation 2016/679.

Debit Note

Last modified on: 10/08/2022 23:37

is a commercial document issued by a buyer to a seller as a means of formally requesting a credit note. A seller might also issue a debit note instead of an invoice to adjust upwards the amount of an invoice already issued.

Delivery

Last modified on: 10/08/2022 23:37

as defined in the Global Interoperability Framework (GIF) is the fundamental means of electronic transport or network based on protocols and technical artefacts, which permits interoperability at the technical level. It is based on a four-corner model whereby trading parties are each connected to a service provider/access point, which in turn technically connect with each other through the delivery network.

Delivery Note

Last modified on: 31/08/2022 21:45

is a document accompanying a shipment of goods that lists the description and quantity of the goods delivered. A copy of the delivery note, signed by the buyer or consignee, may be returned to the seller or consignor as a proof of delivery (see also Dispatch advice).

Digital Certificate

Last modified on: 31/08/2022 21:46

is an electronic document used to ’bind’ the identity of a natural or legal person to a public key. The certificate includes information about the key, information about its owner’s identity, and the digital signature of an entity that vouches for the correctness of the certificate’s contents. If the signature of the certificate issuer is valid, and the person examining the certificate trusts the creator of that signature, then they know they can use that key to communicate with the holder of the certificate. In a typical public-key infrastructure (PKI) scheme, the signer is a certificate authority (CA), usually a company that charges customers to issue certificates for them.

Digital Signature

Last modified on: 31/08/2022 21:47

A digital signature guarantees the authenticity of an electronic document or message in digital communication and uses encryption techniques to provide proof of integrity of the signed data.

Direct Debit

Last modified on: 31/08/2022 21:47

a means of payment whereby a third party is authorized to collect single or regular payments directly from a bank or payment account owned by its customer or debtor under the terms of a mandate and on condition that the amounts to be collected are pre-notified.

Directive 2006/112/EC

Last modified on: 31/08/2022 21:47

is a recast of the 6th EU VAT Directive of 17 May 1977 on the harmonization of the laws of the Member States relating to turnover taxes. It provides for a common system of value added tax, and a uniform basis of assessment, and is the main body of European VAT legislation.

Directive 2010/45/EC

Last modified on: 31/08/2022 21:47

is an EU VAT (value-added tax) Directive amending Directive 2006/112/EC, in which, inter alia, rules for establishing the authenticity, integrity and archiving of electronic invoices are set out.

Directive 2014/55/EU

Last modified on: 31/08/2022 21:48

is an EU Directive establishing that all contracting entities in the public sector across the EU must be able to receive and process electronic invoices based on a new European Norm (Standard).

Directives

Last modified on: 31/08/2022 21:48

in general is a type of EU legislative instrument, but, in the Global Interoperability Framework (GIF), the term is used colloquially to denote the legislative, regulatory and governance requirements that surround a business network and the commercial environment, such as taxation procedures, the rules governing the interoperability exchange network itself, and a variety of other ‘rules’ such as those imposed by business actors, usually the trading parties, and by wider legislation covering privacy, contract law, and compliance with specific laws.

Directives 2014/ 23-24-25/EU

Last modified on: 31/08/2022 21:48

are EU Directives establishing the framework for electronic public procurement in the EU.

Discovery

Last modified on: 31/08/2022 21:49

as defined in the Global Interoperability Framework (GIF) describes the basis on which information about a trading party is accessible to another trading party usually facilitated by their respective service provider or access points. This information includes the network location and capabilities of a trading party, its identifiers and the service provider/access point platform it uses, based on the use of tools provided in support of the delivery network.

Dispatch (or Despatch) advice

Last modified on: 31/08/2022 21:49

is a document sent by a supplier to a buyer that states the description, type, and quantity of goods that have been sent to them: The dispatch advice enables the seller or shipper to provide information about the content of a shipment to the receiver.

DPO

Last modified on: 31/08/2022 21:50

is Days Payable Outstanding, an efficiency ratio that measures the average number of days a company takes to pay its suppliers. The calculation is carried out by dividing the accounts payable as shown in a company’s balance sheet by the amount of purchases per day. The latter is calculated by dividing the annual total cost of goods sold as set out in the company’s profit and loss account by 365 days.

DSO

Last modified on: 31/08/2022 21:50

is Days Sales Outstanding, an efficiency ratio that measures the average number of days a company takes to collect outstanding invoices from its customers. The calculation is carried out by dividing the accounts receivable as shown in a company’s balance sheet by the amount of sales per day. The latter is calculated by dividing the annual sales figure as set out in the company’s profit and loss account by 365 days. It may vary monthly or seasonally.

Dynamic Discounting

Last modified on: 31/08/2022 21:50

is a service that gives buyers more flexibility to choose how and when to pay their suppliers in exchange for a lower price or discount for the goods and services purchased. The ‘dynamic’ component refers to the option to provide discounts based on the dates of payment to suppliers.

Dynamic Discovery

Last modified on: 31/08/2022 21:51

enables a sending access point at corner 2 in a four corner model to dynamically discover the IP address and receiving capabilities of the receiver at corner 4. The sender consults a Service Metadata Publisher (SMP) where information about a participant in the exchange network is maintained. There could be multiple SMPs, maintaining a unique ID (URL) for its participants, which are published by the Service Metadata Locator (SML) on the network’s Domain Name System (DNS). By knowing this URL, the sender is able to dynamically locate the right SMP appropriate to a specific receiver.

Dynamic Sender

Last modified on: 31/08/2022 21:51

are capabilities based on a Trust Model using a PKI (Public Key Infrastructure) and include the security controls to be implemented between corners 2 and 3 in a four-corner model. A dedicated PKI infrastructure will enable the e-Delivery components to trust each other by sharing a common root Certification Authority (CA) certificate as the trust anchor.