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…
Anand KrishnamoorthyTax 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…
Mexico Electronics Invoice Integration
Mexico government has made Mandatory the use of e-invoices for large taxpayers. Earlier invoice was issued in paper but now the process has been designed around Digital Tax Receipt on the Internet (CFDI) electronic invoice which is made up of an XML file and a PDF File. This is digitally certified by the Mexican Tax Administration…
BalajiTransformation of Accounts Payables
All the fields of accounting are going through a major change. Just not that manual steps are eliminated, you can also notice that many actions process itself is eliminated. Initially its was all cash transactions, which was replaced by cheque transaction now its more and more online transactions. Automation is no longer is luxury is…
Tally Vs SAPBusinessOne
Tally is a software that began their journey as accounting software where SAP Business One is designed as an ERP from the beginning. Both Tally and SAP offer several products and solutions, Tally is usually used by small to medium sized companies whereas SAP is used by medium to large size company in fact SAP’s…
Role of CFO
The Role of CFO in the past was more about improving the processes, internal controls, managing Infra etc. Converting your organisation into an intelligent enterprise is very critical role of today’s CFO. There are a lot of cloud applications starting from 5 $ per month available. These applications make your life easier cost effectively. Few…
