T A X T E C H H U B

GENERATION OF UNIQUE INVOICE REFERENCE NUMBER (‘IRN’)

Understanding the Accounting Ecosystem

Obtaining complete understanding of the Company’s ERP/accounting ecosystem with respect to the flow of transactions and the various formats in which reports are generated

Automation

For automation of extractions from the Company’s ERP, developing of a TRANSFORMATION APPLICATION and CONNECTOR. The TRANSFORMATION APPLICATION collates data from various sources and transforms it in the specified format and the CONNECTOR provides box-to-box services by picking the customised data

Real-time Invoice Details

Providing Box based communication between ERP and BDO Solution. Capturing the invoice details on real-time basis to be pushed to the Invoice Reference Portal. Pull the unique IRN from the IRP on successful registration of invoices on the IRP. Return the registered e-invoice with IRN & QR-code

Collating Vendor Invoice from IRP

Providing an option to print the registered e-invoices with IRN & QR-Code and maintaining a data repository of all the IRN along with JSON matched against respective invoice details. BDO E-invoicing solution may also assist in extracting and collating vendor invoice from IRP generated mail upon specific requirement

Single Window of Communication

Providing a single window communication with all the Government Portals wherein the Company can use the stored data for reporting and disclosure mandated under the various compliance procedures viz periodic GST returns (including the new return), E-waybill, etc.

Benefits to Business