Invoicing in India – From Paper to Electronics

In E Invoicing by Anandkumar S Nair

Electronic invoicing (e-Invoicing) is the exchange of the invoice document between a supplier and a buyer in an integrated electronic format. Traditionally, invoicing, being a paper-based process, involved manual effort and is error prone. This means increased costs and processing/ payment lifecycles for companies.

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Automation of Inbound E-Invoicing

In E Invoicing by Rajesh P

Invoice processing holds a significant overhead for most businesses. Different business sectors have different way of approaching for invoicing their clients. If the invoice is late, wrongly interpreted or lack of necessary information may lead to transactional error or delay in payment. If the invoice is not precise, itemising product sales or hours of work undertaken, your invoice may be challenged by the client.

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Government Notifications and Guidelines of E-Invoicing (Part 3)

In E Invoicing by Abhilash AR

How to Start E Invoice Processing?GSTN has published the sandbox API which is made available for the purpose of testing. Below are the lists of APIs published by GSTN Authentication Generate IRN Cancel IRN Get e-Invoice by IRN Get GSTIN details Health Check API The Authentication API is used for getting authenticated with the IRP portal for using any of ...
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Government Notifications and Guidelines of E-Invoicing (Part 2)

In E Invoicing by Abhilash AR

Steps in e-Invoice generationThe seller generates Invoice in ERP/Accounting software This data needs to be converted to a JSON format and uploaded to the IRP portal The IRP receives this information and crosscheck whether the invoice is already registered or not. A unique number called IRN (Invoice Reference Number) will be generated if not registered already. Rejects the data if ...
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Government Notifications and Guidelines of E-Invoicing

In E Invoicing by Abhilash AR

What is E-Invoice?This is one of the major questions from the business users across the industries now a day. Majority of the people think that e-invoice will replace their existing tax invoices and will get generated in a centralised government portal. Also they will have to face unnecessary restrictions by law on the way the business is been executed currently. ...
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Safeguard yourself against e-invoice fraud

In E Invoicing by Anandkumar S Nair

Government of India announced the adoption of electronic invoicing (e-invoicing) from January 2020. Initially, this will on trial, and voluntary, but will in due course be a mandatory requirement for all B2B (Business To Business) invoices.

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Simulate FIFO Queue with Amazon DynamoDB and NodeJs

In Articles, Cloud Technology by Jiju Thomas Mathew

From a supplier we are getting inventory which is of one time use only. Supplier will provide the inventory only on request, and we do not wish to see the inventory is exhausted. Also we wanted to make sure each bach gets finished in the sequence of applying the same. When we were in MySQL / MariaDB this would have been just another table sorted on primary key and a flag status = ENUM(“new”,”used”). But we are in the “serverless” hype and on AWS with DynamoDB.

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Getting Ready for IVL OptiE-Invoice Addon

In E Invoicing by Rajesh Thampy

Compliments to all readers for the New Year 2020!!!The New Year brings in New Challenges and Hope. Technology is evolving at a rapid pace and adaptation is falling behind. Top Management is busy firefighting the Economic Slow Down, Compliance and regulation changes, Supply and Demand challenges, and Customer Service expectations. E-Invoice had been the topic of Interest to the business ...
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Technology transforming the Transportation landscape

In Transportation Management Software by Jose Thomas

The Indian transportation business faces numerous business and operational challenges – lack of infrastructure, lack of vision to improve efficiencies, not so friendly policy implementations, not recognizing it as a priority sector, the list goes on. They face challenges starting from high operational costs, shortage of trained manpower, capacity constraints, absence of unified policies across the country, unstructured business processes of various industries and SMEs, lack of supply chain efficiencies etc

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