#EInvoicing

[alwajeeztech]

ZATCA VAT & Tax Return System in ALZERP Cloud ERP Software

Key Components of the VAT Return System:

Return Details:

Specifies the return type (Value Added Tax – Quarterly).

Indicates whether it’s a new or existing return.

Assigns a reference number.

Defines the tax period (e.g., Quarter 3 – 2024).

Sets the period from and to dates.

Taxpayer Information:

Captures the taxpayer’s TIN, VAT Account Number, Identification Number, name, and address.

VAT Return Form:

Calculates VAT on sales and purchases.

Includes sections for standard rated sales, sales on which the government bears the VAT, zero-rated domestic sales, exports, exempt sales, standard rated domestic purchases, imports, zero-rated purchases, exempt purchases, and total purchases.

Determines the VAT payable amount by considering total VAT due, corrections from previous periods, and VAT credit carried forward.

VAT-Return History:

Provides a summary of previous VAT & Tax Return submissions to ZATCA.

[hdpos]

Top Rated Billing Software

[cinntra-infotech]

Explore Seamless E-Invoicing with #SAPBusinessOne! Optimize your invoicing process effortlessly from generation to validation and compliance. Send and receive e-invoices by ensuring accuracy and efficiency in your financial transactions. Experience the power of automated invoicing and stay ahead of regulatory requirements.

Reach us - marketing@cinntra.com | +91-8882709959

[kabeerconsulting-blog]

Kabeer is pleased to introduce an E-Invoice add-on for SAP B1 ERP software that is both simple and affordable. Kabeer is offering a limited period offer on GST e-invoice add-on for SAP Business One customers. It enables you to create electronic invoices and submit them electronically to the Invoice Registration Portal (IRP), the portal of the tax authorities in India via the National Informatics Centre (NIC). If you want to know that how this Add-on can help your organization to grow in a better way so take your time out and visit us at: https://www.kabeerconsulting.com/e-invoicing-add-on-for-sap-business-one-erp/

[taxilla]

Leading globally Fintech and RegTech company Taxilla fully complies with ZATCA/GAZT phase 01 and phase 02 e-Invoice regulations. We have demonstrated experience in offering B2B, B2G, and B2C e-invoicing solutions for ZATCA Data Transformation, Computations & Validations, Optimised Documents, and Workflow, as well as KSA API Integration with Any ERP/Source System.

[technocevious]

[gimbooks]

With GimBooks E-Invoicing Software, you can create and send invoices in seconds, saving you valuable time and increasing your productivity.

[tallyerpsoftware-blog]

Effortlessly Manage E-Invoicing with Tally Prime's Latest Features

 E-Invoicing has become a necessity for businesses with a turnover of over Rs. 50 crores. It is an electronic way of generating invoices and reporting them to the GST portal for tax compliance. Tally Prime, the popular accounting software, has incorporated several features to ensure that businesses can generate e-invoices seamlessly. Here are some of the features of Tally Prime E-Invoicing: 

1)      Integration with NIC E-Invoicing System:

Tally Prime has integrated with the National Informatics Centre's (NIC) e-invoicing system, which allows businesses to generate e-invoices directly from the software. This integration helps reduce the time and effort required to generate e-invoices, and businesses can now generate e-invoices with just a few clicks.

2)      Auto-Population of E-Invoice Details:

Tally Prime now automatically populates the e-invoice details, such as invoice number, date, and amount, while generating e-invoices. This feature helps eliminate errors and saves time while generating e-invoices.

3)      Multiple QR Code Formats:

Tally Prime supports multiple QR code formats for e-invoices, such as QR code with IRN (Invoice Reference Number), QR code without IRN, and QR code with payment details. This feature enables businesses to choose the QR code format that best suits their requirements.

4)      E-Invoice Generation for Credit and Debit Notes:

Tally Prime now allows businesses to generate e-invoices for credit and debit notes as well. This feature helps businesses comply with the e-invoicing regulations for credit and debit notes.

5)      Automatic E-Way Bill Generation:

Tally Prime now automatically generates e-way bills while generating e-invoices. This feature helps businesses avoid errors and saves time while generating e-way bills.

6)      Data Validation:

Tally Prime performs data validation checks to ensure that the e-invoice data is accurate and meets the required standards. This feature helps businesses avoid errors and comply with regulations.

7)      Seamless Integration with Tally Prime:

Tally Prime E-Invoicing is seamlessly integrated with Tally Prime, which means that businesses can generate e-invoices without leaving the software. This feature saves time and effort and improves efficiency.

8)      User-Friendly Interface:

Tally Prime E-Invoicing has a user-friendly interface that makes it easy for businesses to generate e-invoices. The software guides users through the e-invoice generation process and eliminates the need for manual data entry.

9)      Real-Time Status Updates:

Tally Prime provides real-time status updates on the e-invoice generation process, including the IRN status and e-way bill status. This feature helps businesses stay informed and reduces the risk of errors.

In conclusion, Tally Prime E-Invoicing has several features that make it easy for businesses to comply with the e-invoicing regulations. With its integration with the NIC e-invoicing system, auto-population of e-invoice details, multiple QR code formats, and automatic e-way bill generation, Tally Prime E-Invoicing streamlines the e-invoicing process and improves efficiency.

[taxaj]

Under the new e-invoicing system, a taxpayer will have to generate his invoices on his own accounting/ERP system and then upload the same into the IRP i.e the government’s Invoice Registration Portal. The IRP will then generate a unique Invoice Reference Number, after which, the invoice details are transferred from the IRP to the GST portal and e-way bill portal. Therefore, it eliminates the need for manual data entry each time! #gst #gstupdates #gstcouncil #einvoice #einvoicing #ewaybill #eway #chartered #charteredaccountant #taxation (at TAXAJ) https://www.instagram.com/p/Cmx0RDOBAtG/?igshid=NGJjMDIxMWI=

[alwajeeztech]

VAT Paid Expenses Posting in ALZERP Cloud ERP Software

Key Features of VAT Paid Expenses in ALZERP

Centralized Tracking: Maintain a comprehensive record of all VAT-paid expenses within a single platform.

ZATKA Compliance: Ensure compliance with ZATKA regulations by accurately recording and reporting VAT-related data.

Expense Categorization: Categorize expenses for better analysis and reporting.

Document Uploads: Attach supporting tax invoices to each expense entry for verification.

VAT Calculation: Automatically calculate VAT amounts based on expense values.

Expense History: Access a detailed history of all VAT-paid expenses for auditing and reporting purposes.

[artimaurya]

We’re so excited to announce that AlignBooks is going live on YouTube!

Tune in to explore the amazing features of our AlignBooks: Accounting, Billing, Inventory & GST Management Software with many Benefits and have a real-time chat with our team of experts for any queries during the live session.

Join us on 7th December at 5:30 PM on YouTube!

Click on the link to set a reminder for live- https://buff.ly/3OM4XdG

[antraweb]

Why You Should Start Using E-Invoicing For Your Business

E-invoicing is being used by more and more businesses due to the long term benefits it provides. Here are a few things you need to know about E-invoicing.  

[kabeerconsulting-blog]

Kabeer is pleased to introduce an E-Invoice add-on for SAP B1 ERP software that is both simple and affordable. Kabeer is offering a limited period offer on GST e-invoice add-on for SAP Business One customers. It enables you to create electronic invoices and submit them electronically to the Invoice Registration Portal (IRP), the portal of the tax authorities in India via the National Informatics Centre (NIC). If you want to know that how this Add-on can help your organization to grow in a better way so take your time out and visit us at: https://www.kabeerconsulting.com/e-invoicing-add-on-for-sap-business-one-erp/

Visit our company website: https://www.kabeerconsulting.com/

#SAPeInvoicingAddOn #KabeerConsulting #SAPeInvoice #AddOn #SAPAddon #SAPIntegration #SAPERPSoftware #EInvoicing #InvoiceSolutions #SAPCommunity

[business-in-indonesia]

What Makes e-Invoicing Best in Indonesia?

E-invoicing or electronic invoicing can be described as a process that is used primarily by B2B (business-to-business) companies in Indonesia as well as everywhere else in the world. In this process, they upload their invoices digitally at portals that are authenticated by definite tax networks. For every invoice that is generated in such a way, an IRN (invoice reference number) is generated with a unique QR (quick response) code. The main reason why companies use such a method is to make sure that there is a uniform format or system for doing such things across companies in all industries. This makes interoperability simpler.

It saves time 

This is a major benefit of using the best accounting software systems. Since this is a digital process it does not take more than a couple of minutes for an invoice to be generated. Previously, the traditional methods of generating invoices took a lot of time to be generated. Using them for filing taxes was a time-consuming affair as well. These digital processes and systems have now brought down the time needed to process, send, track, and approve invoices. This in turn has helped companies become more productive as well as employees now have more time to focus on other critical areas of the business.

It increases accuracy 

This is something that you can always trust inventory management software to do. Since these systems reduce human errors they are as accurate as they are. Here you do not have to enter data manually and this is why there is little room for any error to happen with such work. These systems take information straight from the e-invoices. It also helps that the billing systems these days have the necessary information. Together these factors make sure that no errors happen during the process of invoicing.

You can be sure that when you buy your e-invoicing system from a top organization in the domain such as Tally Prime it would make such work even easier than it already is. Such companies make business accounting software that comes with e-invoicing capabilities. You can generate e-invoices quickly and in bulk as well – and all this without any problem at all. The best software systems in this context are also capable of generating e-way bills based on your e-invoices and all this is done just as you would need it to happen. The finest aspect of such software is that it can operate offline as well.   

[mygstrefund]

The NIC has issued an update on 2 Factor Authentication will be made mandatory from July 15, 2023 for all taxpayers with AATO above 100cr.