Atlas has every Compliance API covering e-invoicing, e-way bills and GST reconciliation. You can generate, cancel, update, modify, authenticate, get details, and do everything else that you can think of.
The e-Way bill system is designed for GST-registered entities or transporters to electronically generate e-Way bills for transporting goods worth more than ₹50,000. This is applicable for goods moved due to supply, non-supply reasons, or from an unregistered person. The e-Way bill must accompany the conveyance carrying the goods.
An e-Invoice in the GST system is a digitally authenticated invoice for B2B transactions, registered on the Invoice Registration Portal (IRP). It includes a unique Invoice Registration Number (IRN) and QR code for verification. The IRP sends this information to the GST and E-Way bill portals, aiding in GSTR-1 compliance and E-Way Bill generation, reducing manual data entry. Companies with over ₹5 crore turnover are required to generate e-Invoices.
GST reconciliation APIs facilitate the matching of transaction data with GST filings. They help in comparing purchase invoices with suppliers’ GST returns. This is crucial for businesses to ensure accurate input tax credit (ITC) claims and to maintain compliance with GST regulations. Whether you need it depends on your business requirements, particularly if you have a high volume of transactions or need to streamline your GST reconciliation process for efficiency and accuracy.