CommBilling is designed to operate exclusively in euros (€), ensuring compliance with European Union VAT regulations and providing a standardized billing process for businesses operating within the EU. This focus on the euro simplifies financial management and ensures consistency across all transactions.
Key Points:
-
Euro-Only Transactions:
- CommBilling manages all financial documents, such as invoices and credit notes, exclusively in euros.
- This simplifies operations for businesses operating within the European Union and ensures compliance with EU tax regulations.
-
Shopify Store Settings:
- While your Shopify store may support transactions in multiple currencies, CommBilling does not convert these currencies.
- Ensure your Shopify pricing and tax settings are compatible with euro-denominated invoicing for a seamless billing experience.
-
VAT Compliance:
- Operating in euros allows CommBilling to accurately calculate and apply VAT as required by EU law, ensuring your invoices are fully compliant.
CommBilling’s exclusive use of euros simplifies your billing and ensures compliance with EU regulations. If your store handles transactions in other currencies, make sure your Shopify setup aligns with this euro-only approach to avoid discrepancies.