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. |
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
- Interoperability of the data across different GST systems (IRP, e-way bill, GSTIN)
- Reduces reporting of same invoice details multiple times
- Auto-population of e-invoice details in GST returns and e-way bill
- Real-Time tracking of invoices
- Confirmed ITC eligibility
- Substantial reduction in input credit verification
- Prevents errors and frauds
- 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. Read more on TallyPrime’s e-invoice solution
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
Get Your E-invoicing Software Free Trial Today!
Get your GST-ready TallyPrime Perpetual License for Rs. 18000 + 18% GST (INR 3,240). Call 1800-425-8859 for any queries
Frequently Asked Questions
- What is e-invoices under GST?
e-Invoice known as ‘Electronic invoicing’ is a system in which all B2B invoices are electronically uploaded and authenticated by the designated portal. Post successful authentication, a unique Invoice Reference Number (IRN) is generated along with QR code that needs to be printed on the invoice.
- When will e-invoicing get implemented?
In the first, e-invoice was appliable from 1st October,2020 for business with a turnover of 500 crores above. From, 1st January,2021 e-invoicing is applicable for businesses with the annual turnover of 100 crores
- Who are eligible for e-invoice?
Electronic invoicing applies to all the business who are registered under GST and issuing B2B invoices in a phased manner as notified by the Government.
- Is e-invoicing mandatory?
Yes, it is mandatory for all the businesses who fall under the ambit of e-invoicing and need to issue an e-invoice for all B2B supplies.
- Why e-invoice is required?
To standardize the format in which electronic data of an invoice can be shared with various systems in GST ecosystem ensuring the interoperability of the data.
- What is the IRP in e-Invoice?
IRP is a designated portal designed to accept, validate and authenticate the invoice.
- What is an IRN (Invoice Reference Number)?
IRN is known as “Invoice Reference Number” is a unique invoice number generated by the Invoice Register Portal (IRP) on uploading the invoices electronically.
- Can IRN be generated in bulk?
Yes, you can upload the bulk invoices and generate IRN for each invoice that is uploaded. TallyPrime seamlessly supports IRN generation for bulk invoices.
- What are the types of documents reported under IRP?
Following documents are covered under the concept of e-invoice:
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- Invoice by Supplier
- Credit Note by Supplier
- Debit Note by Supplier
- Any other document as required by law to be reported by the creator of the document
- How does e-invoicing benefit businesses?
With the complete interoperability of e-invoice data with the GST system, it pre-populates the details in GST returns, e-way bill and reduce the reconciliation challenges. Alongside it also helps you to confirm the ITC eligibility via real-time visibility of invoices and eliminates fake invoices.
Video Guide on e-invoicing with TallyPrime
Read more about e-invoices
- Generate e-Invoice Instantly in TallyPrime
- How to Generate Bulk e-Invoice in TallyPrime
- Working of E-Invoice System
- 5 Key Things to Choose in an e-Invoice Solution
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