#tallyeinvoice

[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.

[cevioustechnologies]

Electronic invoicing is the process of uploading all your B2B transactions (sales, credit notes, and debit notes made to companies, including all types of exports) in the IRP (invoice registration portal) for authentication purposes.