E-Way Bill and E- invoice made simple Ramco ERP

E Way Bill: The transportation of goods from one place to another is facilitated by the filing of E-Way Bills on  common from GST portal.

E-invoice: Electronic invoice  is a system in which B2B invoices are authenticated electronically by GSTN for further use on the common GST portal. Under the E invoicing system, an identification number will be issued against every invoice by the Invoice Registration Portal (IRP) to be managed

Registered Persons with aggregate PAN based turnover more than Rs 500 Crores, during the financial year 2019-20 shall use E-way Bill and E-Invoice. The Company must generate e-invoicing with respect to supply of goods or services or both to a registered person with effective from 1 Oct 2020.

Ramco System Ltd, the pioneer in Enterprise solutions with over 3 decades of experience in providing product based solutions meeting regulations and local compliance has made E-invoicing simple and straight forward for the ease of users.

The process flow in E-Invoice has been depicted in the figure below:

E-Invoice can be accomplished  through the following screens:

After Authentication of the invoice, IRN generated from the GST portal and updated to Ramco ERP to print the invoice.

Ramco has designed APIs such as ‘Authenticate’, ‘Generate IRN’, ‘Cancel IRN’, ‘Generate EWB by IRN’, ‘Cancel EWB’, ‘Get E-Invoice Details’ and ‘Get GSTIN Details’ to extend the functionality to the specific needs of customers.

Ramco Enterprise Suite both on-cloud and on-prem are an ideal choice, for digitalization of an enterprise. Compliance requirements such as GST, E- Bill and now E-Invoice can be met with Ramco ERP, the Indian product widely used by manufacturing, trading and services industry in India and abroad.