Many of the basic GST complexities that an account manager must deal with include e-invoicing and the creation of invoice reference numbers (IRN)/ E-invoice Generation
E-invoicing and ITC Claim: Positive Impact of E-invoicing on GST Reconciliation & ITC | 3 Blind Spots to be aware of before including E-Invoicing in GST Reconciliation process
App for managing credit and cash flow - UpScale by CredAble's fintech platform announced its new e-invoicing solution. One of IRIS GST's esteemed clients, UpScale, worked on this project utilizing IRIS E-invoicing.
It has been decided to add the Goods and Services Tax Network (GSTN) as a Financial Information Provider (FIP) under the Account Aggregator (AA) framework in order to promote cash flow-based lending to MSMEs.
The progressive expansion of e-invoicing has given the Indian government the transparency it needs to combat tax fraud and ITC fraud while also enhancing business efficiency.