What is changing?
From 1 July 2026, all SMEs with annual turnover exceeding €600,000 must keep their accounting books in a standardised electronic format compatible with the AEAT's Verifactu system.
Key implications
- Day book and inventory book: must be generated in XML format following the AEAT schema.
- Approved software: businesses will need to use software that meets the requirements of the new regulation.
- Record retention: electronic records must be kept for a minimum of 6 years.
- Penalty regime: non-compliance may result in fines of between €1,000 and €50,000 per financial year.
How to prepare
At Incrementa we are already working with our clients to ensure a smooth transition. We help you choose the right software and set up your accounting processes.
Don't leave it to the last minute: contact us to plan your adaptation.