EInvoice procedure under the GST bill denotes the GST law defining electronic invoicing. As a GST-registered business uses electronic-way bills while transporting products from one place to another, similarly, GST-registered businesses also generate electronic invoice bills for B2B (Business-to-Business) transactions. EazyBills is here to streamline business finances with invoice bills and GST bills or invoicing.
What is an einvoice under the GST bill?
EInvoice procedure is a system that involves B2B invoice bills, and a few documents electronically authenticated by GSTN for use on common GST bill portal.
All information regarding the eInvoice of GST payment online gets transferred to the GST portal and e-way bill portal. It eliminates the need for manual data entry while online GST payment or filing GST return.
How does einvoice by GST bill benefit businesses?
Businesses can have many benefits of einvoice under GST bill such as online GST invoicing. These include:
EInvoice plugs and resolves a gap in data reconciliation under the GST bill to minimize errors.
It allows interoperability by allowing interpretation of einvoice on multiple software.
Automation of online GST payment return filing and backward integration.
EazyBills provides the best-in-class e-invoicing solutions for your business. It helps with the easy generation of invoice bills. EazyBills is one of the best finance and billing software available to provide helpful solutions.
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