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Can I invoice in bitcoins?

13 november 2017

Original content provided by BDO Mexico

Original content provided by BDO Belgium  A client recently asked our Digital & Innovation department the following question: “Can I invoice in bitcoins?”. This novel question inspired us to write this white paper and give you a perspective on the "ready to use solution" for e-invoicing. We have consulted our various experts within BDO in order to put together a comprehensive answer.In this white paper:What is bitcoin?How is this digital currency created?How can they be obtained?How much is one bitcoin worth?Is it possible to invoice in bitcoins? Concept of legal validityConcepts of bank account (IBAN-code) and addressesAccounting treatment and electronix processing of the exchange ratePayments LogVAT declaration and paymentWill blockchain technology support the use of digital invoicing?Our approach