By CA Khushboo Thirani, Tax Expert | May 23, 2024
Being a Chartered Accountant, her practical experiences does not limit to Finance & taxation. Working in a start-up with cross functional departments, have widened her experiences in the field of Business Development, Product Development and Key account Manger roles thereby leading her keen interest in the Business roles thereafter and contributing towards revenue growth of the company
The government introduced newer compliance for ensuring authenticity of sales documents. These included e-way bills and e-invoicing for taxpayers and later on for their vendors being small businesses. Taxpayers started feeling the pinch due to rising compliance complexities. They started looking into the possibilities of automating the complete sales invoice cycle to lower errors and enable seamless way of handling sales data in GST returns. They took routes such as direct and FTP integrations. Join this webinar to learn the know-how of automating the complete sales invoice cycle through our seasoned expert. Don't miss out on this opportunity to transform your compliance operations!
1. Enhance Efficiency: Leverage automation to extract data from ERP systems, boosting productivity by 3x and reducing reliance on manual data extraction for GST compliance.
2. Ensure Accuracy: Reconcile General Ledger with Sales Register to maintain compliant records and synchronized data.
3. Streamline Compliance: Generate e-invoices and e-way bills directly within your ERP, minimizing latency and ensuring uninterrupted business operations.
4. Advanced Reconciliations: Implement PAN-level reconciliations for e-invoices and e-way bills versus Sales Register.
5. Simplify GST Returns: Automatically compute summaries for GSTR-1, including HSN, Document, and B2C summaries.
6. Optimize GSTR-1 Processes: Manage PAN-level operations for GSTR-1 data reporting and filings efficiently.