Everything you need to know about e-invoicing

Everything you need to know about e-invoicing With AgenterBooks and NoAccountant

The last notification of the India GST Board is dated 1 October 2022. It is compulsory for companies and companies that have a turnover of 10 crores or more to generate electronic invoices for all their B2B transactions.

The easiest way to comply with this new regulation is to implement a smart accounting platform that generates electronic invoices effortlessly. Some features that would be helpful are seamless IRP integration, QR code capture, and bill planning that can help you manage all your electronic bill operations. AgenterBooks is one such example of a powerful all-in-one solution that is customizable, scalable, and allows you to stay compliant always.

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How easy is it to generate an e-invoice in AgenterBooks?

One of our primary goals is to make the transition to electronic invoicing with Agenter books as easy as possible. This means a single integration configuration that prepares you to start generating electronic invoices within a minute.

In AgenterBooks, you can create invoices in e-invoicing format by including all the mandatory fields mentioned in the e-invoicing scheme.

Since the agent is a recognized PGS, Agenter Books will upload your invoices directly into the PAR in one click. Functions like sending bulk invoices to the PRI, setting up recurring invoices, and automatically converting accepted estimates to invoices. And more will always keep you compliant and a step forward from your competition.

What more e-invoicing capabilities do Agenter Books have to offer?

AgenterBooks goes beyond accounting and lets you streamline your entire financial management process. Here are some of the best features of Agenterbooks when it comes to handling your e-invoices:

Seamless integration with extended benefits

Setting up e-invoicing software is a one-time process that prepares you for e-invoicing once completed. This secure integration protects all your data and offers features such as bulk IRN generation, automates electronic bill generation by configuring recurring bills, and more.

Eliminate compliance worries

You don't need to worry about tax compliance anymore. AgentBooks is fully compliant with the government's tax bill requirements for all your electronic and printed invoices. The respective QR code and IRN on the invoice PDF for each transaction performed.

Manage multiple branches and GSTINs

Agenterbooks accounting software gives you a bird’s eye view when it comes to managing multiple branches. You can also get insightful reports for each of your branch’s performance and more all under one solution.

Smart validation of invoices

Intelligent validation checks all your electronic invoices and prevents incorrect data entry. It ensures that you generate your IRN with correct data without missing breaches or mandatory fields, saves you time, and gives you an error-free electronic invoicing experience.

Useful status updates

a list of statuses that will be updated at each stage of the electronic billing process. It tells you if the invoice has already been sent or if your teams are informed of the failure or cancellation of the electronic billing transaction. Staying current on your invoices at all times means you can respond to changes more quickly and provide a better customer or supplier experience.

Want to see gender Books in action?

The adoption of electronic billing mandates in India comes with its package of benefits for businesses as well as for the Indian government's tax administration. Benefits such as inter-company interoperability, accuracy in manual data entry, and a massive simplification of the tax reporting process are very welcome.

Agent Books has always been at the forefront of helping businesses transform their financial operations digitally while staying compliant. Similarly, AgentBooks' billing software electronic billing functionality, with its advanced capabilities and affordability, is designed to keep your business compliant at all times.