Month: September 2020

GST E-Invoice Management using SAP Business One
CFO

GST E-Invoice Management using SAP Business One

Electronic Invoicing is a new Jargon in India. Indian Government has made it mandatory for companies with more than 100 Crores to do electronic invoicing from April 1st, 2020. Business are supposed to generate E- invoices before shipment of the products. The Invoices will be electronically authenticated by the government.  This method of invoicing is…

SAP Business One 9.3 Feature Spotlight Return Materials Authorization (RMA)

SAP Business One 9.3 Feature Spotlight Return Materials Authorization (RMA)

Return Request (For Sales) and Goods Return request (For Purchase) document was introduced by SAP in the version 9.3. Return request document called as RMA in business terms is a request document from the sales team to receive the inventory in the warehouse. It acts as a formalised request for the inventory team to know,…

Tax Collected at Source ( TCS )
CFO

Tax Collected at Source ( TCS )

TCS which refers to the Tax collection at source. The seller must collect the tax from the buyer to remit to the government. Indian Government has introduced TCS on sale of the products with effect from 1st October 2020. Applicability:  for the sellers, whose turnover exceeds 10 crores.  applicable on all goods sold. Its not applicable…

error

Enjoy this blog? Please spread the word :)

RSS
Follow by Email
LinkedIn
Share