Avalara’s E-Invoicing Solution for GST Compliance
Avalara, Inc, a provider of cloud-based tax compliance services, launched the Avalara India GST e-invoicing, an end-to-end solution that helps companies manage e-invoicing requirements to comply with India’s e-invoicing reform under GST. The country's new e-invoicing mandate, beginning October 1, 2020 has increased the compliance and technological challenges on businesses, and created urgency among businesses to conform to the new legislative reform. Businesses now need to update their ERP and accounting systems to manage reporting obligations effectively. Global enterprises operating in India will also need to comply with e-invoicing requirements, which requires continuous generation of e-invoices with correct IRNs and QR codes. The new offering helps businesses by validating, storing and managing invoices and providing the option to automate GST returns and e-way bills. Avalara India GST e-Invoicing helps businesses generate bulk e-invoices in real-time and in batches for their transactions while effortlessly automating GST returns and e-way bills, the company said.
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