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What is e-invoicing?
What is e-invoicing? E-invoicing is the process of uploading all your B2B transactions (Sales, Credit Note and Debit Notes made to businesses including all types of exports) on the IRP (invoice registration portal) for the purpose of authentication or registration. Once authenticated, the IRP will issue a unique IRN ( Invoice reference number ) for every invoice. This IRN will need to be converted to a QR code along with other invoice info and printed on the face of the invoice for it to be considered valid. Not only this, for applicable transactions, e-way bill nos. will need to be generated simultaneously along with e-invoices. E-invoice solution in TallyPrime For businesses to have a smooth transition to the e-invoicing system, it is extremely imperative that your business management software is integrated with the IRP portal. As you may be aware, Tally is a recognized GSP ( GST Suvidha Provider ) and thus, TallyPrime uses the GSP route to communicate directly with the IRP.
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