NetSuite Clear Tax Integration in India

Client Portfolio

Does your business have a turnover of more than 10 crores? Do you find trouble generating e-invoices manually? Well, the leading wholesaler of nuts and dried fruits, based in Uttar Pradesh; India, faced similar difficulties in their business.  

They have been efficiently serving the munching needs of healthy eaters since 2005. They had a vast variety of nutritious nuts and dry fruits, including roasted almonds, roasted and salted pistachios, Raisins, crispy beetroot, spiced okra chips and more. They are engaged in retailing agricultural raw materials, food, and beverages. 

On March 31, 2022, they recorded a growth of 25% in revenue to Rs 900 crore. They are among the biggest exporters of dried fruits and essential nuts in India, thanks to their prominence in quality and hygiene.

Problem Statement

As per the government policy in India, updated on October 1, 2022, businesses that have a turnover of more than Rs 10 crore in a financial year have to make their invoices e-invoiced. Also, they have to show an e-way bill while transferring goods exceeding the value of Rs.50,000. Many businesses find it difficult to generate e-invoices and e-way bills manually by collecting all the details and entering them into different systems.  

Being the leading wholesaler of nuts and dried fruits with various subsidiaries and business processes, they find it troublesome and tedious to generate each e-invoice and e-way bill by manually entering data and printing and uploading it into various systems. 

The company has already chosen NetSuite as the best platform to support its business processes more efficiently and automatedly. Since they have already enjoyed the benefits of working with Jobin & Jismi, they approached us to find a solution to this issue.  

They required us to make their business processes easier through the automatic generation of e-invoices and e-way bills.  

What we Suggested

The experts at Jobin & Jismi analyzed the requirements. After a deep evaluation, we suggested that integrating NetSuite with Clear Tax will ease the processes efficiently as Clear Tax is offering better service in this sector as well as we are the partners of Clear Tax.     

The manual process requires taking the number of each invoice from the government portal and entering these details into various systems. But Clear Tax offers the feature of an e-invoicing service. 

As a result of this integration, we created a button named, ‘generate e-invoicing’. Further, when we click this button, the invoice that we created in NetSuite will automatically enter the government portal and return in the JSON file format, after getting certified. 

Even if there are any errors in the document, we are able to identify them. That is, as the Clear Tax bundle is available in NetSuite itself, we can identify any errors that occurred while entering the details. For instance, if there is any error in the customer address details or any other details the document will not be generated.   

If there are no errors in the document and when we press the button the invoice is automatically generated, enters the government portal, gets certified and returns back to us in the JSON file format. At the same time, we can convert it into a PDF file format and download it.   

The e-way bill is also generated through the same process but that applies only for transferring goods exceeding the value of Rs. 50,000.  
 

Customer Success

Thanks to the excellent consultation and assistance of Jobin & Jismi, the client enjoyed more benefits which include:

The manual effort which is a large process requiring more time and effort to transfer every detail to each platform was significantly reduced as the processes were automated. 

The automatic generation of e-invoices and e-way bills in NetSuite helps the client to save more time and enables them to focus more on other important projects.

As the processes are automated the chances for manual errors are reduced.

With just a single button click in NetSuite, numerous e-invoices are generated within a minute.

As they are able to save more time and resources to focus on other important projects, it helps them to increase their productivity, sales and revenue to a high extend. 

Thus Jobin & Jismi facilitated their business by automating the generation of e-invoices and e-way bills with the integration capability in NetSuite and thereby enhancing their operations and productivity. 

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