IRIS IRP Portal for E-Invoicing
IRIS IRP is the official portal authorized by the Indian government for companies to create e-invoices for each tax invoice, credit note, and debit note that businesses produce.
What is Invoice Registration Portal?
The Invoice Registration Portals (IRP) serve as registrars. Government regulations state that only B2B and export invoices of specified entities, with an authorized IRN will be accepted as valid under the GST statute. By uploading the invoice details onto the IRP, users can perform following functions on IRN:
Generate
Cancel
Validate
IRIS is now an official IRP authorized by the GSTN.
What IRIS IRP portal does for you?
IRIS IRP can help taxpayers, businesses and solution providers to generate IRN or even bulk e-invoices.
Generates IRN
A unique invoice number is generated using the hash algorithm when a valid document for e-invoice production (currently a tax invoice, debit note, or credit note) is sent to IRIS IRP.
Nothing more than a function, the hash algorithm turns a message or string of characters—alphabets, integers, and specific special characters—into a series of numbers.
Checks invoice duplication
IRIS IRP verifies an invoice for duplication or repetition by comparing its IRN with other already produced IRN data held in the Central Depository.
The main goal of e-invoicing is to have all business transactions registered with the government. Therefore, making sure there are no duplicate records is a crucial part of the process.
Digitally Signs E-invoices
IRIS IRP digitally signs each of the validated invoices using its private key. The supplier is then provided access to this digitally signed JSON.
It is crucial for trade and businesses to understand that the IRN listed on the invoice they receive bears the proper sources.
Creates QR code
Each invoice is given a QR code by IRIS IRP which needs to be printed on physical invoice copy which can be utilized to rapidly view, access, and print the invoice on mobile devices as well as to verify it.
This functionality is useful for confirming specific information when tax officers or other stakeholders have restricted or no internet access.
Handles IRN Cancellation
For invoices that have already been submitted or reported to the IRIS IRP and for which an IRN has been generated, cancellation of the IRN is also an option.
The basic access of IRIS IRP allows cancellation within 24 hours of its generation.
GST and E-way bill system integration
The GST system and eway bill system works in tandem with IRIS IRP so that whenever an IRN is issued, the GST system automatically receives the information enabling the automatic update of GSTR-1 (of the seller). Additionally, the data is instantly transferred to the e-way bill system to simplify the creation of e-way bills as needed.
The process is made simpler for taxpayers as a result they need not require interaction with many portals.
IRIS IRP IS A GSTN AUTHORIZED INVOICE REGISTRATION PORTAL
With IRIS IRP, you can prepare a single e-invoice via our mobile app or bulk generate IRN through the excel utility, pull IRN in your ERP via API Integration or custom print invoices using an awesome web portal!
- Small taxpayers
- MSME/SME
- Large enterprises
- Solution providers
Recently got covered under the e-invoice mandate and do not have many e-invoices per month? Try IRIS Peridot Plus, a business app to simplify 4 Cs of trade community – Cash, Compliance, Credit and Commerce.
IRIS IRP helps you to create bulk e-invoices using the offline excel utility tool i.e. MS Excel interface. You can upload Invoice data to IRIS IRP in bulk via web portal and generate e-invoices real-time! Also, get to generate e-invoices and e-way bills on a single platform.
IRIS IRP e-invoicing is the fastest and easiest way to generate e-invoices for you. There are multiple options to generate IRN via IRIS IRP, use web portal to bulk upload, print and cancel invoice data or integrate APIs into your ERP to get IRNs directly into your accounting system.
IRIS IRP calls all ERP providers and system integrators to design a seamless user journey for your customers using IRIS IRP to build a robust and error-proof e-invoice compliance. We offer core and enhanced APIs for e-invoice generation and e-invoice data for credit and lending products