Budget 2020 Impact on SAP Process & Systems
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.
Total Taxation Solution integration – GST- E Way Bill-E-invoice (Part-2)
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.
Total Taxation Solution integration – GST- E Way Bill-E-invoice
Invoicing in India – From Paper to Electronics
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.
Automation of Inbound E-Invoicing
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.
Government Notifications and Guidelines of E-Invoicing (Part 3)
Government Notifications and Guidelines of E-Invoicing (Part 2)
Government Notifications and Guidelines of E-Invoicing
Safeguard yourself against e-invoice fraud
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.
Simulate FIFO Queue with Amazon DynamoDB and NodeJs
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.