Overview - e-Invoicing
Introduction to e-Invoicing
In the GST regime, the Government introduced e-Invoicing to standardise the way business-to-business (B2B) invoices are reported to the GST system. This ensures that all invoices are submitted to the GST portal in a common, machine-readable format.
Is e-Invoicing necessary for your business?
Starting 1 August 2023, the Government of India has mandated e-Invoicing for businesses and corporations that have an annual aggregate turnover of ₹5 crores or more.
How does e-Invoicing work in Zoho Billing?
e-Invoicing in Zoho Billing is a simple and hassle-free process. Since Zoho is a registered GST Suvidha Provider (GSP), you can connect Zoho Billing with the IRP easily. Zoho Billing helps you create invoices in the e-Invoicing format, by including all the mandatory fields mentioned in the e-Invoice schema.
These invoices can be pushed to the Invoice Registration Portal (IRP) at the click of a button. The IRP will then send a unique Invoice Registration Number (IRN) to identify this invoice, along with a QR code. You can include these in your invoice and send it to customers. Zoho Billing also provides you the option to cancel e-Invoices if needed.
This help document gives an easy understanding on how you can use Zoho Billing to stay compliant with e-Invoicing.
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