How to Implement E-Invoice in Marg ERP?
This video is to help Marg ERP - Xtreme Softwares users to understand e-Invoicing and its Implementaion in Marg ERP.
What is e-Invoicing ?
The e-Invoice System is for GST registered person for uploading all the B2B invoices to the Invoice Registration Portal (IRP). The IRP generates and returns a unique Invoice Reference Number (IRN), digitally signed e-invoice and QR code to the user.
e-Invoicing is applicable to all tax payers having aggregate trunover of more than Rs 20 Crore. To generate einvoice you can go to the e-Invoice portal link einvoice1.gst.gov.in
All invoice information will be transferred from this portal to both the GST portal and e-way bill portal in real-time. Therefore, it will eliminate the need for manual data entry while filing GSTR-1 returns and generation of part-A of the e-way bills, as the information is passed directly by the IRP to the GST portal.
to know more checkout the video.
Xtreme Softwares Team