UBL-CR-283: The payee's fully paid shares flag should be left out

What it means

The payee (BG-10) is the party that receives the payment when that is not the seller. This rule checks that the payee's legal entity block has no cbc:FullyPaidSharesIndicator, the yes or no flag that says whether the company's shares are fully paid up. It sits in cac:PayeeParty/cac:PartyLegalEntity. For the payee, EN 16931 only has a name (BT-59), an identifier (BT-60) and a legal registration identifier (BT-61).

Why it matters

The recipient's software only reads the fields the standard defines, so this flag is ignored. The invoice is not rejected because the rule is a warning. It is worth fixing to keep the file clean and to avoid warnings on every check.

How to fix it

This flag is not something you type on an invoice. It usually comes from a company data field in the payee settings of your invoicing software, or from a custom export. Clear that field or switch the option off and export again. If you build the XML yourself, delete cbc:FullyPaidSharesIndicator from cac:PayeeParty/cac:PartyLegalEntity.

The rule as published

A UBL invoice should not include the PayeeParty PartyLegalEntity FullyPaidSharesIndicator

Where this rule applies