E-Invoicing Integration with Microsoft Dynamics NAV
Why it is needed?
All the businesses with a turnover of INR 100 CRs and above are required to comply with e-invoicing effective 1st October 2020.
E-invoicing is a form of electronic billing. E-invoicing of B2B invoices to GST System is a standardized invoicing procedure where e-invoices generated by one ERP can be read by another so that there is interoperability of data.
- The e-invoice created by Taxpayers on their own ERP – Microsoft Dynamics NAV System will be reported on Invoice Registration Portals (IRP).
- IRP will generate a unique Invoice Reference Number (IRN) which will be attached on the e-invoice & system will digitally sign the same.
- IRP will also generate a QR Code containing the unique IRN with some important parameters of invoice
If you are an organisation using Microsoft Dynamics NAV, SAMADHAN has developed a seamless integrated solution which provides Realtime API based IRP / GSP integration.
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