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E- Invoice System

Posibolt, a global leader in providing business focused Accounting & Billing Software for business offers comprehensive and superior e-Invoicing software solutions that are easy to use and comply fully with the regulatory agency requirements.

Electronic invoicing or e-Invoicing is a major step towards Digitization and regulation of financial transactions between sellers and buyers. It aims to transform the manual issuing of paper invoices and notes into an electronic form that allows the exchange and processing of invoices, credit notes & debit notes in a structured electronic format between buyer and seller through an integrated electronic solution.

Electronic Invoicing requires all taxpayers and any other parties issuing tax invoices on behalf of suppliers subject to VAT/GST, are expected to provide invoices issued through a compliant electronic solution and including additional fields depending on the type of the transaction.

What is E - Invoicing system?

The following is the summary of expectations from electronic invoice solution providers :

  • Ability to generate e-invoices with the required elements including QR codes

  • Ability to timestamp the e-invoice copies archived in the solution

  • Absence of prohibited functionalities :

  • Uncontrolled access

  • Software time change

  • Tampering of e-invoices or logs

  • Multiple invoice sequences​

  • For Tax Invoices, the following is needed

  • The VAT registration number of the buyer if the buyer is a registered VAT taxpayer in addition to the invoice type Description as a title. QR code can be added (Optional)

  • Simplified Tax Invoices: A mandatory QR code generated by the taxpayer’s E-Invoicing solution, in addition to the invoice type Description as a title.

posibolt e-invoicing solution

Posibolt E -Invoice system Overview

Posibolt, a global leader in providing business focused Billing and Accounting Software offers comprehensive and superior e-Invoicing solutions that are easy to use and comply fully with the regulatory agency requirements.

Email us at info@posibolt.com, WhatsApp at 91 87141 13166 or visit www.posibolt.com for more information 

Our Solution comprises of the following :
  • E-invoices in digital form with the required elements like VAT registration number and QR code

  • Multiple and Configurable Invoice Sequences

  • Fully Secured solution with

    1. Role Based Access Management
    2. Timestamp of every transaction including invoices
    3. Highly Controlled Software Time Change
    4. Tamper Proof Audit Trail

  • Configurable Formatting of Tax Invoices

  • E-Invoice in XML format for Interoperability

We are trusted by our customers for :
  • Total End to End Implementation, from Requirements Gathering to Go Live

  • Exceptional Customer Service and Timely Support

  • Low Total Cost of Ownership

  • Improved Efficiency and Productivity through better visibility and control

  • Global view 24/7 from anywhere – The Power of Cloud

  • Open and Scalable Architecture that paves the way for business Integration with other Systems