E-Invoicing Process
Currently, e-invoices generated by different businesses lack a standard. They use the format as provided by the ERP or billing software. Lack of a standard format leads to a scenario where e-invoice generated on one billing software can’t be read by another, requiring manual data entry from an electronically generated invoice.
ROSTAN GST e-invoicing application will ensure complete interoperability of e-invoices across the entire GST eco-system and will eliminate the need for manual data entry mitigating chances of errors
Benefits is E-Invoicing
Businesses will have the following benefits by using e-invoice initiated by GSTN:
- E-invoice resolves and plugs a major gap in data reconciliation under GST to reduce mismatch errors.
- E-invoices created on one software can be read by another, allowing interoperability and help reduce data entry errors.
- Real-time tracking of invoices prepared by the supplier is enabled by e-invoice.
Backward integration and automation of the tax return filing process – the relevant details of the invoices would be auto-populated in the various returns, especially for generating the part-A of e-way bills.
Faster availability of genuine input tax credit.
Lesser possibility of audits/surveys by the tax authorities since the information they require is available at a transaction level.
ROSTAN offer 3 types of solutions to get you started with your e-Invoicing journey
Our GST e-invoicing Workflow
ROSTAN GST e-invoicing application will ensure complete interoperability of e-invoices across the entire GST eco-system and will eliminate the need for manual data entry mitigating chances of errors
Currently, e-invoices generated by different businesses lack a standard. They use the format as provided by the ERP or billing software. Lack of a standard format leads to a scenario where e-invoice generated on one billing software can’t be read by another, requiring manual data entry from an electronically generated invoice.
Why you should choose ROSTAN?
Our Other Software
e-Way Bill
Automate your e-Way Bill Compliance.
GST Reco
Complete solution for GST Returns & Reconciliations
REST APIs
Connect to the TRP and Push e-Invoices directly with powerful REST APIs