Nimal Tech Solutions

Nimal Tech Solutions

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06/02/2020

πŸ’°πŸ’΅ Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. This replaces the traditional method where invoices were sent in paper form and payments were done by manual means such as sending cheques.!!!
πŸ‘¨β€πŸ’Ό presentation of πŸ‘¨β€πŸ’Ό invoices and reductions in costs in handling paper document.
However to take full πŸ‘¨β€πŸ’Ό advantage of electronic billing both πŸ‘¨β€πŸ’Ό seller and buyer need to have in place πŸ’» computer systems able to handle electronic billing and have access toπŸ‘¨β€πŸ’Ό financial institutions that can do electronic payments.!!!
πŸ“² : +91 99527 66838 | 99407 60453 | πŸ“§ : [email protected] | 🌐 : www.nimaltech.in

22/01/2020

πŸ’»Goods and Services Tax πŸ’»(GST) is an indirect tax (or consumption tax) imposed in India on the supply of goods and services.
πŸ‘¨β€πŸ’Ό It is a comprehensive multistage, destination based tax comprehensive because it has subsumed almost all the indirect taxes except few.πŸ’°πŸ’΅
πŸ‘¨β€πŸ’Ό Electronic billing, or eBilling, is a process businesses can use to get paid quickly and securely without dealing with the hassles of paper bills and check payments.It is a comprehensive multistage, destination based tax.πŸ’°
πŸ’°πŸ’΅ There are a number of advantages to electronic billing that include the faster presentation of invoices and reductions in costs in handling paper document. However to take full advantage of electronic billing both seller and buyer need to have in place computer systems able to handle electronic billing and have access to financial institutions that can do electronic payments.!!!
πŸ“² : +91 99527 66838 | 99407 60453 , πŸ“§ : [email protected], 🌐 : www.nimaltech.in

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