1/3/2024 0 Comments E invoicingThe E – Invoice was firstly introduced by the Notification No 31/2019 Dated 28 th June 2019 for the Registered Taxable Person having turnover over 100 Crore where the turnover was increased to 500 Crore by Notification No 61/2020 dated 30 th July 2020 S.No. Penalties under E – Invoicing or Consequences of non – generation of E – Invoice.Exemptions from E – Invoicing under GST.The IRP generates and returns a unique 64 digits Invoice Reference Number (IRN), digitally signed E – Invoice and QR Code to the user. E – Invoicing is a system which is for Registered Taxpayer under GST for uploading all B2B and export invoices to the Invoice Registration Portal (IRP), managed by National Informatics Centre (NIC). Enter the necessary details in the following page and click Save.In this article we will study about E – Invoicing.Select Create Debit note if you wish to increase the invoice amount or Create Credit note if you wish to decrease the invoice amount.Click the Ellipsis icon in the top corner of the page.Select the invoice with the incorrect amount.Go to Sales from the left sidebar and click Invoices.Likewise, if you created an invoice for SAR 50/- instead of SAR 500/- you can create a debit note for SAR 450/. To correct this error, you can create a credit note for SAR 50/. Let’s say you’ve created an incorrect invoice for SAR 400/- instead of SAR 350/- you cannot edit or delete this invoice. To rectify the error, you can either create a debit note or a credit note. If you’ve entered the wrong amount or there’s been a change in the invoice amount, you cannot delete or edit it once it has been marked as Sent. Instead, you can create a corresponding debit or credit note if you need to make any adjustments. Once an invoice has been marked as Sent, the values displayed in the PDF cannot be edited and the invoice cannot be deleted.The invoices must be in a sequential order.E-invoicing is applicable for all taxable goods and services.A physical invoice that has been copied or scanned is not considered an e-invoice.However, you can add another language alongside the Arabic text, as mentioned above. It is mandatory that the invoice should be in Arabic.Warning: Ensure that the details entered in the invoice are correct as you cannot edit or delete the invoice once it has been marked as Sent. If you wish to have the address in both English and Arabic, you can separate it with “/”. Go to the Address section and ensure that all the fields are filled and are in Arabic.You can add the details in an additional language along with Arabic as well. Enter the necessary details in Arabic.
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