{"id":6666,"date":"2023-03-19T11:27:36","date_gmt":"2023-03-19T11:27:36","guid":{"rendered":"https:\/\/truefilingindia.com\/?post_type=service&#038;p=6666"},"modified":"2023-04-02T14:18:21","modified_gmt":"2023-04-02T14:18:21","slug":"accountant-invoicing-software","status":"publish","type":"service","link":"https:\/\/truefilingindia.com\/?service=accountant-invoicing-software","title":{"rendered":"Accountant &#038; Invoicing Software"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6666\" class=\"elementor elementor-6666\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9feb006 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9feb006\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd9fd8f\" data-id=\"cd9fd8f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f476dab elementor-widget elementor-widget-creote-title-v1\" data-id=\"f476dab\" data-element_type=\"widget\" data-widget_type=\"creote-title-v1.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"title_all_box style_one  dark_color\">\r\n         <div class=\"title_sections left\">\r\n            <div class=\"before_title\">\r\n         Accountant &amp; Invoicing Software      <\/div>\r\n                        <p>  1 time setup and activation fee on LEDGERS. Rs.0.5 per eInvoice.<\/p>\r\n         <\/div>\r\n               \r\n<\/div>\r\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-671081e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"671081e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ed7738f\" data-id=\"ed7738f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-78c8a3e elementor-widget elementor-widget-creote-simple-image-box-v1\" data-id=\"78c8a3e\" data-element_type=\"widget\" data-widget_type=\"creote-simple-image-box-v1.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"simple_image_boxes  parallax_cover\"   data-aos=\"fade-up\" data-aos-delay=\"0\"  data-aos-offset=\"0\" >\r\n   <img decoding=\"async\" src=\"http:\/\/truefilingindia.com\/wp-content\/uploads\/2023\/03\/Register-Your-Business-In-Less-Then-15-Days-1-1.png\" class=\"simp_img cover-parallax\" alt=\"image\" \/>\r\n<\/div>\r\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c27989 elementor-widget elementor-widget-creote-iconbox-v1\" data-id=\"3c27989\" data-element_type=\"widget\" data-widget_type=\"creote-iconbox-v1.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"icon_box_all  style_one\"   data-aos=\"fade-up\" data-aos-delay=\"0\"  data-aos-offset=\"0\" >\r\n      <div class=\"icon_content \">\r\n            <div class=\"icon\">\r\n         <img decoding=\"async\" src=\"https:\/\/themepanthers.com\/wp\/creote\/v-new\/wp-content\/uploads\/2021\/10\/icon-image-nike.png\" class=\"img-fluid svg_image\" alt=\"icon png\" \/>\r\n      <\/div>\r\n            <div class=\"txt_content\">\r\n                  <h3>\r\n            <a href=\"#\"  target=&quot;_blank&quot;  rel=&quot;nofollow&quot;>\r\n            Documents Required            <\/a>\r\n         <\/h3>\r\n                        <\/div>\r\n   <\/div>\r\n   \r\n<\/div>\r\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fe5a0a elementor-widget elementor-widget-text-editor\" data-id=\"4fe5a0a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.5 - 14-03-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<ul><li class=\"m-b-5 \">ID Proof<\/li><li>HSN Code<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-df1cfaa\" data-id=\"df1cfaa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bc8c410 elementor-widget elementor-widget-creote-iconbox-v1\" data-id=\"bc8c410\" data-element_type=\"widget\" data-widget_type=\"creote-iconbox-v1.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"icon_box_all  style_one\"   data-aos=\"fade-up\" data-aos-delay=\"0\"  data-aos-offset=\"0\" >\r\n      <div class=\"icon_content \">\r\n            <div class=\"icon\">\r\n         <img decoding=\"async\" src=\"https:\/\/themepanthers.com\/wp\/creote\/v-new\/wp-content\/uploads\/2021\/10\/icon-image-nike.png\" class=\"img-fluid svg_image\" alt=\"icon png\" \/>\r\n      <\/div>\r\n            <div class=\"txt_content\">\r\n                  <h3>\r\n            <a href=\"#\"  target=&quot;_blank&quot;  rel=&quot;nofollow&quot;>\r\n            Basic            <\/a>\r\n         <\/h3>\r\n                        <\/div>\r\n   <\/div>\r\n   \r\n<\/div>\r\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55eae09 elementor-widget elementor-widget-text-editor\" data-id=\"55eae09\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"ul_f_f list-icon list-icon-check list-icon-colored text-left abt_item_ul_new\"><li>GST Invoicing<\/li><li>GST eInvoicing<\/li><li>eWay Bill<\/li><li>Input Tax Credit<\/li><li>GST Software for Accountants<\/li><li>Integrated payment gateway<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d20cb13 elementor-widget elementor-widget-creote-iconbox-v1\" data-id=\"d20cb13\" data-element_type=\"widget\" data-widget_type=\"creote-iconbox-v1.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"icon_box_all  style_one\"   data-aos=\"fade-up\" data-aos-delay=\"0\"  data-aos-offset=\"0\" >\r\n      <div class=\"icon_content \">\r\n            <div class=\"icon\">\r\n         <img decoding=\"async\" src=\"https:\/\/themepanthers.com\/wp\/creote\/v-new\/wp-content\/uploads\/2021\/10\/icon-image-nike.png\" class=\"img-fluid svg_image\" alt=\"icon png\" \/>\r\n      <\/div>\r\n            <div class=\"txt_content\">\r\n                  <h3>\r\n            <a href=\"#\"  target=&quot;_blank&quot;  rel=&quot;nofollow&quot;>\r\n            Offers and Discounts            <\/a>\r\n         <\/h3>\r\n                        <\/div>\r\n   <\/div>\r\n   \r\n<\/div>\r\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01fcff1 elementor-widget elementor-widget-text-editor\" data-id=\"01fcff1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table class=\"table table-bordered save_ex_tbl o_a_d_table\"><tbody><tr><td><div class=\"icon-box effect medium clean\"><div class=\"icon m-b-0\"><img decoding=\"async\" class=\"img-fluid\" src=\"https:\/\/img.indiafilings.com\/catalog\/gstn-icon.png\" alt=\"Logo\" width=\"40px\" height=\"40px\" \/><\/div><div><p>GST Invoice<\/p><p>Get GST eInvoice with Input Tax Credit<\/p><\/div><\/div><\/td><\/tr><\/tbody><\/table><p>\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c3f880e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c3f880e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-42add11\" data-id=\"42add11\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e388394 elementor-widget elementor-widget-text-editor\" data-id=\"e388394\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">GST eInvoice has been introduced in India to usher in the digital era from conventional paper-based systems. eInvoicing can help businesses achieve tremendous cost savings, efficiency and speed up business operations. eInvoicing will help reduce compliance burden for most businesses by eliminating the requirement for duplication or transfer of the same information from one system to another. With eInvoicing, the invoice information provided to GSTN for generating Invoice Reference Number (IRN) would be used to auto-populate various other systems GST returns, input tax credit reconciliation, eWay bill and GST refunds. Hence, GST eInvoicing will significantly improve the ease of doing business and reduce the compliance burden.<\/span><\/p><h2><span style=\"color: #000000;\">Advantages of GST eInvoice<\/span><\/h2><p><span style=\"color: #000000;\">GST eInvoicing will completely transform the business process as currently there are no standards defined for invoices. With the implementation of eInvoicing, invoicing would be standardised across the entire GST eco-system. So an eInvoice generated by one software can be read by another software &#8211; eliminating the need for data transfer or re-entry. Finally, with eInvoicing will eliminate the process of compilation of invoices at the end of the month and make input tax credit flow seamless.<\/span><\/p><h2><span style=\"color: #000000;\">Key Concepts of eInvoicing<\/span><\/h2><p><span style=\"color: #000000;\">The following are some of the key concepts with respect to GST eInvoicing:<\/span><\/p><h3><span style=\"color: #000000;\">Generating eInvoice<\/span><\/h3><p><span style=\"color: #000000;\">GST eInvoice is not an invoice generated on the Government Portal, as such a portal can become a choke point in trade. GST eInvoicing is a way process by which the taxpayer will generate a unique Invoice Reference Number (IRN) for each invoice and mention the same on the invoice issued.<\/span><\/p><h3><span style=\"color: #000000;\">Invoice Reference Number (IRN)<\/span><\/h3><p><span style=\"color: #000000;\">Invoice Reference Number is a unique number for each invoice provided by the GST Invoice Registration Portal on successful upload of an eInvoice. Invoice Reference Number must be mentioned on the invoice by the supplier to comply with eInvoicing regulations.<\/span><\/p><h3><span style=\"color: #000000;\">eInvoice Format<\/span><\/h3><p><span style=\"color: #000000;\">There is no specific format for eInvoice that has been provided by the GSTN. There will also be no changes to the invoice that is prepared and printed today. Under eInvoicing, certain data in the GST invoice will be transmitted to the GSTN Invoice Registration Portal (IRP) electronically and a Invoice Reference Number will be generated along with a QR code. The QR code needs to be printed on the invoice generated by the supplier. Hence, suppliers can continue to generate invoices from their billing softwares with a look and feel that suits their requirements and compliant with the GST invoicing rules. The only change will be generation of Invoice Reference Number from the GST Invoice Registration Portal and printing of eInvoice QR code on the invoice.<\/span><\/p><h3><span style=\"color: #000000;\">Invoice Registration Portal (IRP)<\/span><\/h3><p><span style=\"color: #000000;\">Invoice Registration Portal (IRP) or eInvoice Registrar is the platform issuing the Invoice Reference Number. NIC has been proposed as the first IRP. As the number of taxpayers under eInvoicing increases, more IRPs will be added to increase availability, speed and created a distributed architecture.<\/span><\/p><h2><span style=\"color: #000000;\">Generating GST eInvoice<\/span><\/h2><p><span style=\"color: #000000;\">The process of generation of a GST eInvoice can be divided into four phases:<\/span><\/p><h3><span style=\"color: #000000;\">Generation of Invoice<\/span><\/h3><p><span style=\"color: #000000;\">In the first phase, the seller will generate an invoice in his\/her accounting or billing or ERP system. The invoice created must take into consideration the eInvoice standards that have been published by the GSTN and should contain certain mandatory parameters. The invoice prepared on the software should then be transmitted to the Invoice Registration Portal as a JSON format.<\/span><\/p><h3><span style=\"color: #000000;\">Uploading JSON to Invoice Registration Portal<\/span><\/h3><p><span style=\"color: #000000;\">The sellers accounting software through APIs or GSP\/ASP or offline tool will be required to transmit the invoice in JSON format to the Invoice Registration Portal. The JSON can be uploaded directly from an accounting software through APIs.<\/span><\/p><h3><span style=\"color: #000000;\">Processing of Data by IRP<\/span><\/h3><p><span style=\"color: #000000;\">The IRP will check the JSON invoice received for correctness and ensure that the same invoice from the same supplier is not duplicated. On validation of the JSON invoice, the IRP will add its digital signature on the invoice, assign a IRN (Invoice Reference Number) and a QR code to the JSON file. This digitally signed JSON with IRN is sent back to the seller and will become a valid GST eInvoice for the seller and buyer.<\/span><\/p><h3><span style=\"color: #000000;\">Transmission to GSTN &amp;eWay Bill Platform<\/span><\/h3><p><span style=\"color: #000000;\">IRPs will also share the signed eInvoice data with the GSTN system and eWay Bill portal to reduce compliance burden for the taxpayers.<\/span><\/p><ul><li><span style=\"color: #000000;\"><strong><u>CALL A FREE CA CS AND CORPORATE LAWYER 24*7<\/u><\/strong><\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-af4c6d2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"af4c6d2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-99132e5\" data-id=\"99132e5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e84ae3 elementor-widget elementor-widget-creote-contact-form-v1\" data-id=\"3e84ae3\" data-element_type=\"widget\" data-widget_type=\"creote-contact-form-v1.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<section class=\"contact_form_box_all type_one\"\r\n   data-aos=\"fade-up\"  data-aos-offset=\"0\"\r\n  data-aos-delay=\"0\" >\r\n    <div class=\"contact_form_box_inner\">\r\n    <div class=\"contact_form_shortcode\">\r\n            \n<div class=\"wpcf7 no-js\" id=\"wpcf7-f7-o1\" lang=\"en-US\" dir=\"ltr\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/index.php?rest_route=%2Fwp%2Fv2%2Fservice%2F6666#wpcf7-f7-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"7\" \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"5.7.4\" \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f7-o1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<\/div>\n<p><label> Your name<br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"your-name\"><input size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" autocomplete=\"name\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"your-name\" \/><\/span> <\/label>\n<\/p>\n<p><label> Your email<br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"your-email\"><input size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-email wpcf7-validates-as-required wpcf7-validates-as-email\" autocomplete=\"email\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"email\" name=\"your-email\" \/><\/span> <\/label>\n<\/p>\n<p><label> Subject<br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"your-subject\"><input size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"your-subject\" \/><\/span> <\/label>\n<\/p>\n<p><label> Your message (optional)<br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"your-message\"><textarea cols=\"40\" rows=\"10\" class=\"wpcf7-form-control wpcf7-textarea\" aria-invalid=\"false\" name=\"your-message\"><\/textarea><\/span> <\/label>\n<\/p>\n<p><input class=\"wpcf7-form-control has-spinner wpcf7-submit\" type=\"submit\" value=\"Submit\" \/>\n<\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n          <\/div>\r\n  <\/div>\r\n  <\/section>\r\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Once your company has hired the best employees, the next step.<\/p>\n","protected":false},"featured_media":2181,"comment_status":"open","ping_status":"closed","template":"","service_category":[],"class_list":["post-6666","service","type-service","status-publish","has-post-thumbnail","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/truefilingindia.com\/index.php?rest_route=\/wp\/v2\/service\/6666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/truefilingindia.com\/index.php?rest_route=\/wp\/v2\/service"}],"about":[{"href":"https:\/\/truefilingindia.com\/index.php?rest_route=\/wp\/v2\/types\/service"}],"replies":[{"embeddable":true,"href":"https:\/\/truefilingindia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6666"}],"version-history":[{"count":7,"href":"https:\/\/truefilingindia.com\/index.php?rest_route=\/wp\/v2\/service\/6666\/revisions"}],"predecessor-version":[{"id":7160,"href":"https:\/\/truefilingindia.com\/index.php?rest_route=\/wp\/v2\/service\/6666\/revisions\/7160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/truefilingindia.com\/index.php?rest_route=\/wp\/v2\/media\/2181"}],"wp:attachment":[{"href":"https:\/\/truefilingindia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6666"}],"wp:term":[{"taxonomy":"service_category","embeddable":true,"href":"https:\/\/truefilingindia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fservice_category&post=6666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}