What is E Invoice?
Electronic invoicing is the process of uploading all your B2B transactions (sales, credit notes, and debit notes made to companies, including all types of exports) in the IRP (invoice registration portal) for authentication purposes.
After authentication, IRP will issue a unique IRN (invoice reference number) for each invoice. This IRN needs to be converted into a QR code along with other invoice information and printed on the face of the invoice to be considered valid. An e-invoice, or electronic invoice, is a digital document that is exchanged between a supplier and a buyer and is validated by the government’s fiscal portal.
E-Invoice replace manual functions with automatic business rules and functions to increase operational values,
reduce errors, and help companies adhere to the rules of electronic documents.
