GRN & Accounting Validation

GST Authorities in India have allowed the taxpayers to retrieve the e-Invoices issued to them by their vendors who are applicable to issue e-Invoices via GST APIs. This E-Invoicing data of the vendors can be used by taxpayers to validate & automate posting of their purchase entries in their ERPs.

Our Vendor e-Invoice cockpit retrieves e-Invoicing data from the GST portal on daily basis without any manual intervention. The vendor e-Invoicing data is saved in a custom table in the SAP or Oracle ERP.

When users are booking the purchase related documents like GRN (Goods receipt note), SRN (Service receipt note), Accounting entries (posting purchase invoices both PO or non-PO based), etc. in SAP or Oracle ERP, we use vendor e-Invoice data to do lot of validations in the background for restricting the users from posting any incorrect data.

The solution provides better results than any other AP automation solution as we are using the e-Invoice data available on the GST portal to do purchase entry posting. Our vendor e-Invoice cockpit solution helps our clients to get more accurate Input Tax Credit (ITC) reconciliation results as users are restricted from posting any incorrect data in critical fields like Vendor Invoice Number, Invoice Date, Place of Supply, etc.

In SAP ERP, we enhance the purchase documents related T-codes like MIGO, MIRO, FB60, etc. to provide users an easy search option to pick the required document from Vendor e-Invoice dataset saved in the ERP.