Best E-Invoicing Software Solution for Businesses in India

MRF Limited
Challenges
Solution

e-Invoicing in TallyPrime

  • Generate e-invoices in a single click
  • Automatically print IRN (invoice reference number) and QR code
  • Generate e-invoice for a single invoice or in bulk
  • Seamless e-invoice cancellation at a click of a button
  • e-Invoice reports that give you bird eye view of all e-invoicing tasks
  • IRN register to view the transaction-wise status of e-invoice
  • Prevention, detection and correction mechanism that helps you deal with exceptions with ease
  • Flexible to export data required for e-invoicing in offline mode to deal with possible network issues

Benefits of e-invoice

  1. Interoperability of the data across different GST systems (IRP, e-way bill, GSTIN)
  2. Reduces reporting of same invoice details multiple times
  3. Auto-population of e-invoice details in GST returns and e-way bill
  4. Real-Time tracking of invoices
  5. Confirmed ITC eligibility
  6. Substantial reduction in input credit verification
  7. Prevents errors and frauds
  8. Saves Time and efforts to file returns

How does e-invoicing system work?

  • Supplier generates the e-invoice JSON in the prescribed format, either using e-invoicing software or using any other modes.
  • The JSON is uploaded to IRP (Invoice Register Portal) by the supplier
  • IRP validates the JSON uploaded and generates IRN and QR code
  • The digitally signed e-invoice JSON along with QR code will be sent to the supplier
  • The supplier will print QR code embedded with IRN on the invoice.
  • e-Invoice details will be sent to the e-way bill system (pre-fill e-way bill) and the GST System (GSTR-1 and GSTR-2A)
  • Buyer will get real-time visibility in GSTR-2A for confirming the ITC

Start e-Invoicing with TallyPrime in 3 easy steps

  • Enable e-Invoicing in TallyPrime
  • Record the invoice as usual and select ‘Yes’ to generate e-invoice automatically.
  • Print the invoice with IRN and QR code details

Generate e-Invoices Instantly with a single click in TallyPrime

  • Tally being a recognized and ISO certified GSP (GST Suvidha Provider), TallyPrime directly integrates with IRP portal to seamlessly generate e-invoices.

    With a one-time setup, you can start generating and printing e-invoices within seconds. All you need to do is enable, record and print. TallyPrime’s connected solution will take of the rest.

    • You can either generate e-invoice during voucher entry for a transaction or you could do this in bulk for multiple invoices together in a single click
    • Once they are authenticated by the IRP, TallyPrime will receive the IRN directly from the IRP and convert it into a QR code along with other invoice info and update your invoices accordingly
    • You can then simply print the QR code on your invoice. IRN can also be printed optionally.

Key factors for choosing an e-invoice software

  • Generate e-invoice instantly without the need for manual intervention
  • Capability to generate bulk e-invoices seamlessly
  • Generate e-way bill along with e-invoice as applicable
  • Seamless cancellation of e-invoice if required
  • Flexibility to use offline mode to generate e-invoice to deal with possible network issues

Fast, reliable, and fully connected e-invoice solution

From generating e-invoices instantly to keeping a track of them through the e-invoicing report and everything in between, we have taken care of every little detail to bring you the most delightful experience. Tally is an ISO/IEC 27001:2013 certified GSP (GST Suvidha Provider), ensuring that TallyPrime directly integrates with IRP portal to seamlessly generate e-invoices.