The carrying of goods or commodities from one place to another is enabled by the filing of ‘E-Way Bills’ on the usual GST portal. Likewise, the GST Council is intending to execute a system of e-invoicing.
E-invoicing is not indicative that the company should make their invoice with the government’s software system. Rather, it implies that the company should provide information about their already produced invoice (from their ERP system) to the Invoice Registration Portal (IRP) and get the unique IRN (Invoice Reference Number) and a QR code from the portal, which requires to be showcased on their invoice.
E-invoice should chiefly follow the GST invoicing norms. Besides, it has to even make space for the invoicing system or rules adhered to by each industry or sector in India. Some information is essential and the rest is optional for businesses. And, every e-invoice needs to be registered personally and should not be processed together.
Following this system has become convenient thanks to SAP Business One. It provides two options to customers regarding the real solution deployment and use.
Two Options
File Download
With regard to this option, SAP Business One will permit your user to download all concerned information in the format and type of file needed by the government portals with just one click. As for E-invoicing, SAP Business One can produce the JSON file that can be transferred to the IRP (Invoice Registration Portal).
Unification with GSP (GST Suvidha Providers)
Over here, your SAP Business One system will be unified with the GSP’s software with the APIs for E-Invoicing. This computerised the procedure and your user can straight away print the sales invoice within SAP itself, which would possess the IRN and the QR code issued by the IRP. Customers can select to work with any GSP. We have built an automated solution that can be utilized with any GSP.
Other GST Solutions
We even have solutions for handling your GST reports, returns & E way Bill as well, apart from E-invoicing.