E-Way Bill & E-Invoice
Generate E-Way Bill & E-Invoice from your existing ERP / Billing on Click of a Button. System is also capable of cancel E-Way Bill / E-Invoice.
E-Invoice can be generate for Invoice Credit Note & Invoice Debit Note.
E-Invoice Credit Note:
A credit note (also called a credit memo) is issued by a seller to a buyer to reduce the amount owed. It’s used to correct errors in an issued invoice, such as overcharging, returned goods, or when there’s a discount applied after the original invoice was issued. The credit note serves as proof that the seller acknowledges the reduction in the total value of the transaction.
Common Scenarios for Issuing a Credit Note:
- Overbilling: If an error was made in calculating the amount due (e.g., the wrong price or quantity was charged).
- Product Returns: If goods are returned by the buyer, and the seller agrees to refund or provide a credit.
- Discounts or Adjustments: After an invoice has been issued, a discount might be applied that reduces the total amount owed.
E-Invoice Debit Note:
A debit note (also called a debit memo) is issued by a seller to a buyer to increase the amount owed. It’s used when there’s a need to adjust an undercharged invoice or when additional charges are incurred after the original invoice was issued. Debit notes are commonly used to correct mistakes in pricing, quantity, or charges that were not included in the original invoice.
Common Scenarios for Issuing a Debit Note:
- Underbilling: If the original invoice was issued for a lower amount than what was due, for example, because of a pricing error.
- Additional Charges: If there were additional services or goods delivered after the initial invoice was created, requiring an increase in the billed amount (e.g., extra delivery charges).
- Change in Terms: If terms of the transaction change after the original invoice, such as a change in the delivery method or product specifications, and the original invoice needs to be adjusted.