What is Consolidated e-Invoice
A Consolidated e-Invoice is a combined electronic invoice that groups multiple individual invoices into one submission. This allows businesses to streamline their e-invoice reporting to tax authorities, making it easier to comply with regulations. Instead of submitting each invoice separately, you can submit all relevant invoices for a specific period in one consolidated file. For example, a retail business that generates numerous sales invoices in a month can consolidate them into one e-Invoice for submission to the tax authorities.
Learn How To
How to Generate Consolidated e-Invoice?
1. Click on your profile and select Settings under Company tab
2. Click on Integration
3. Click on E-Invoice Integrations
(If you don't see this, meaning your account has not enabled the e-Invoice feature. Please ask customer service for assistance)
4. Click on E-Invoice Platforms
5. Choose one of the platforms and click View
6. Fill in the required field
7. Enable it
8. Click on Confirm
9. Click on Back
10. Click on E-Invoice Settings
11. Click on Sale Invoice
12. Enable this toggle to automatically mark every sales invoice created for submission as a consolidated e-invoice (optional)
(Once the e-Invoice status becomes Valid, you will no longer be able to edit its details, such as customer information, product details, invoice date, and invoice number)
13. Click on Sales and select Sales Invoice
14. Click on Add New
15. Click on Sales Invoices
16. Click on Add Customer
(For consolidated e-invoice, you can add new customers directly on add new sales invoice page without needing to add existing customers)
17. Enter the customer's name
18. Enter Address
19. Enter city and postcode. Select state and country
20. Click on Confirm
21. Fill in the info here
22. Select the classification item
23. Click on 3 dots
24. Click on Settings
25. Enable Submit as Consolidated to submit this invoice as consolidated e-invoice
(If automatically marking every sales invoice created for submission as a consolidated e-invoice is enabled [step 12], this option will be turned on by default. You can disable it here if you don't want this sales invoice to be submitted as consolidated e-invoice)
26. Click on Apply
27. Click on Save
28. Click on Add New
29. Click on Consolidated E-Invoice
30. Select the month you want to submit the consolidated e-invoice for
(You can only select the previous month within the first 7 days of the current month. For example, if today is February 8 and you want to submit January, it will not be allowed)
31. Click on Confirm and wait a moment for it to generate
(Once the e-Invoice status becomes Valid, you will no longer be able to edit its details, such as customer information, product details, invoice date, and invoice number)
How to View Generated Consolidated e-Invoice
32. Click on Add New
33. Click on Consolidated E-Invoice
34. Click on the calendar icon
35. Select the month for which you have generated the consolidated e-Invoice
36. Click on View
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