E Invoicing from April 2021
This query is : Resolved
19 February 2021
Hi
Ours is small private limited company and comes under 5 crore above turnover company. As per recent GST rule, all 5 Crore above turnover company have to raise their invoices as E invoicing for GST. At present we are using Tally and we may have to take E invoicing module from Tally. But my query is we used to prepare invoice in foreign currency and will send it to our customer. The same foreign currency invoice (export sales) will be converted in INR value and used to account in tally as Export sale. So our invoice will have foreign currency and our banking account details. If we have to raise E invoicing in Tally, can we have the customized invoicing option ? Is any one has similar invoicing system. Please suggest which software is convenient for E invoicing.
Ours is small private limited company and comes under 5 crore above turnover company. As per recent GST rule, all 5 Crore above turnover company have to raise their invoices as E invoicing for GST. At present we are using Tally and we may have to take E invoicing module from Tally. But my query is we used to prepare invoice in foreign currency and will send it to our customer. The same foreign currency invoice (export sales) will be converted in INR value and used to account in tally as Export sale. So our invoice will have foreign currency and our banking account details. If we have to raise E invoicing in Tally, can we have the customized invoicing option ? Is any one has similar invoicing system. Please suggest which software is convenient for E invoicing.
CA Mayur Todmal
(Expert)
19 February 2021
The taxpayers having an aggregate turnover exceeding Rs.100 crore should implement e-Invoicing
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