6/21/2023 0 Comments Einvoice system![]() A new field is created in General Ledger Setup > Tax Information Tab > Generate E-Invoice on Sales Post. A provision has been provided to create Json file automatically on posting of sales transaction.System will validate IRN Hash while importing Signed E-Invoice into system, System will import only if IRN Hash is matched, system will skip other files. In the same way E-Invoice Response can be imported in Posted Sales Credit Memo. On importing E-Invoice response, system will update below details into system. User can import json file from Posted Sales Invoice > Action > Import E-Invoice Response. Importing signed E-Invoice json file facility is available. On clicking Generate E-Invoice button on posted sales credit memo, system generates and saves the file. User can generate json file from Posted Sales Credit Memos > Action > Generate E-Invoice. On clicking Generate E-Invoice button on posted sales invoice, system generates and saves the file. User can generate json file from Posted Sales Invoice > Action > Generate E-Invoice. Provision for exporting invoice details in json (GSTIN provided schema V-1.01) format is provided. E-Invoice feature in Business Centralīusiness Central has included E-Invoice feature to Indian Localization. However, users of the software would not find any change since they would continue to see the physical or electronic (PDF/Excel) output of the invoices in the same manner as it existed before incorporation of e-invoice standard in the software. All these software would adopt the new e-Invoice standard wherein they would re-align their data access and retrieval in the standard format. The adoption of standards will in no way impact the way user would see the physical (printed) invoice or electronic (ex pdf version) invoice. Hence, a need was felt to standardize the format in which electronic data of an Invoice will be shared with others to ensure there is interoperability of the data. There are hundreds of accounting/billing software that generate invoices, but they all use their own formats to store information electronically and data on such invoices can’t be understood by the GST System if reported in their respective formats. E-invoice does not mean that an invoice should be generated from a software on the computer or point of sales (POS) machine, central portal of tax department, as any such centralization will bring unnecessary restriction on the way trade is conducted.Į-Invoice generated by each software may look more or less same, however, they can’t be understood by another computer system even though business users understand them fully. ![]()
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