An aggregate invoice is issued for multiple transactions where the total value is less than ₹200 and the buyer is unregistered. It simplifies billing by consolidating these smaller transactions into a single invoice. 4. Reverse Charge Invoice Under the reverse charge mechanism (RCM), the recipien...
If the inputs are not received within 180 days from the invoice date, the ITC claimed on those inputs must be reversed, as the eligibility for claiming ITC depends on receiving the goods or services. ITC Reconciliation ITC reconciliation is the process of verifying the details of purchase data...
This functionality enables you to easily track the accounts payable and accounts receivable of the businesses. Click on the "Bank" icon, and under the bank reconciliation tab, users can match the cash balances on the balance sheet to the corresponding amount of their bank statement so they can ...
SAP's definition is as follows: “InfoProvider that allows analysis and reporting with BI Tools (including BW OLAP functionalities) on top of an application (SAP Business Suite). It is not modeled in Data Warehousing Workbench of BW and the data is not replicated” With enhancement package 5...
The supplier transferred the duty for invoice-based reporting of RCM supplies. The recipient's responsibility for reporting a summary of RCM supplies is transferred to the supplier. The nature of ANX-1 is the cause for this alteration. Compared to the GSTR-1, it now demands reporting of thos...
One of the new options we added based on customer feedback, is the option to quickly add a What if scenario so that the end user is able to increase / decrease a particular value as part of the overall dashboard. Instead of me writing it all down and explaining it, I thought I simp...
Who should pay GST under the RCM? The person who receives the goods and services is the one who must pay GST under the RCM. But it is vital that the supplier of the goods and services mentions that the tax is payable under RCM. The recipient of the goods and services can claim ITC ...
What is the difference between a bill and a payment receipt? Are invoices and bills the same? Quotes - What are they, and how do I create them in Deskera Books? How do I fulfill a Quote in Deskera Books? How do I convert an Estimate to an Invoice in Deskera Books+? Edit, Copy, ...
In essence, Agile is a methodology of working that is driven primarily by business owners and developers. Its formalized structure enables regular and timely feedback from project managers. On the other hand, Scrum is self-driven by project managers whose responsibility is to manage the process ...
So it seems that finding out what happened to an entry/assignment and why is also an issue. Here are some hints on how. Please note that these are not official table definitions. Views that start with idmv and mxpv are public and stable, but the tables themselves can and have occasional...