Since there is a need for GST Returns / reconciliation solution even beyond the e-invoice rollout, integration of applications would be even more important.
Are there any outward supplies done without e-invoice? If the supply comes under the revised provisions of Rule 48 (Manner of issuing invoice) under the CGST Rules, Part A (Chapter VI), such an invoice is invalid. From an audit perspective, reports linking all relevant invoices with a valid e-invoice would be important.
The Union Budget of India, also referred to as the Annual Financial Statement in the Article 112of the Constitution of India, is the annual budget of the Republic of India. The Government presents it on the first day of February so that it could be materialised before the beginning of new financial year in April.
Voluntary e-invoicing : There are taxpayers for whom e-invoicing is voluntary as of April 2020 (based on annual turnover thresholds). We could therefore still have vendor invoices without any e-invoicesto auto-populate the GSTN data. In other words, vendor GST reconciliation would still be relevant for organizations having such vendors in the Accounts Payable cycle.
What is happening in India under Indirect Taxation? We have been hearing that e-invoicing is being rolled out…It was a cold day in December, just a month ago. If I call it a cold day in India, it must have been a chilling day in Germany. Yet, there was the familiar warmth and cheerfulness in the voice that I heard ...
Inbound invoicing and accounts payable automation 10th January 2020, Friday 11.00 a.m – 12.00 p.m (IST) View Recording
28th January 2020, Tuesday 03.00 p.m – 04.00 p.m (IST) View Recording
21st January 2020, Tuesday 3.00 p.m – 4.00 p.m (IST) View Recording
14th January 2020, Tuesday 3.00 p.m – 4.00 p.m (IST) View Recording
10th January 2020, Friday 11.00 a.m – 12.00 p.m (IST) View Recording
Agenda Introduction – IVL Introduction – E-invoicing & Timelines What is E-invoicing? Product variants (On-Prem & Cloud) OptiE-invoice – On prem SAP Add-on Demo Complete Invoice Automation (Out/Inbound) OptiE-invoice – AWS / SAP cloud based solution Integrations with ERP (SAP ,Tally, Oracle….) Question & Answers 18th December 2019, Wednesday 3.00 p.m – 4.00 p.m (IST) View Recording