e Invoicing in SAP

1
Over Of E- Invoice
E-Invoicing can be broadly referred to
electronically generated bills exchange digitally
with/without compliance component between defined
platforms The Central Board of Indirect Taxes and
Customs (CBIC) has introduced a new invoicing
system in the GST business process, allowing a
standardized protocol to generate and read
electronic, or e-invoices. This involves the
incorporation of an Invoice Reference Number
(IRN) or a Quick Response Code (QR Code) basis
the conditions laid down The taxpayer can
continue to issue invoices from their existing
ERP Systems. However, details of such invoices
are required to be uploaded onto the e Invoicing
in SAP Registration portal, and a unique IRN or
QR Code shall be generated. This needs to be
printed on the tax invoices to make them valid
documents under GST Law.
2
Comply with Mandatory e-Invoicing with Confidence

• Over the years, companies have been replacing
  paper invoices with electronic versions to
  improve agility and to gain better insights into
  their business. In recent years, however, tax
  authorities and governmental organizations in an
  increasing number of countries have begun
  enforcing the use of electronic invoicing
  (e-Invoicing) by law to combat fraud and save
  costs, meaning that for many global businesses,
  moving to e-Invoicing is no longer optional.

3
    Using e-invoicing in sap. helps you easily
transmit and receive invoices electronically,
enabling secure, paperless communication,
compliance with local regulations and improved
cash management   einvoicinginsap
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