Document background
A Billing Statement is a fundamental financial document used in Danish business operations to communicate charges and request payment for goods or services. The document must comply with Danish legislation, including the Bookkeeping Act, VAT Act, and Consumer Protection Act, making it suitable for both B2B and B2C transactions. Billing Statements are typically issued on a regular basis (monthly, quarterly, or per transaction) and must include specific elements required by Danish law, such as VAT registration numbers, clear itemization of charges, and payment terms. The document serves multiple purposes: it acts as a formal payment request, provides transaction documentation for accounting purposes, and serves as a legal record for both the issuer and recipient. In the Danish business context, proper formatting and content of billing statements are crucial for maintaining compliant financial records and ensuring smooth business operations.
