Electronic invoicing, known as e-invoicing, in India is a system aimed at digitizing the generation and exchange of invoices between businesses to meet tax and compliance requirements. It was implemented to simplify tax collection, curb tax evasion, and improve the efficiency of the nation's tax system. It is imperative for Indian businesses to stay abreast of e-invoicing regulations and ensure compliance to avoid penalties and ensure seamless tax reporting.
In this blog, we'll explore the realm of e-invoicing with a focus on Odoo 17. We'll guide you through the fundamentals, Odoo's capabilities, and actionable steps to seamlessly incorporate e-invoicing, enhancing the efficiency and compliance of your invoicing procedures. Whether you're a business owner, an ERP enthusiast, or a finance professional, this blog serves as your roadmap to mastering digital invoicing in India.
Integrating E-Invoicing into Odoo 17
Step 1: Registration on the NIC E-Invoice Portal
Upon registration on the NIC e-Invoice Portal, you will receive an API Credential. This credential is utilized to configure the Odoo Accounting App.
To access the NIC e-Invoice portal, click on "Login" and enter your username password.
- Navigate from the dashboard to API Registration -> User Credentials -> Create API User.
- Subsequently, you should receive an OTP code on your registered mobile number. Enter the OTP code and click on Verify OTP.
- Choose GSP for the API interface, designate Tera Software Limited as the GSP, and input a Username and Password for your API. Upon completion, click Submit.
Step 2: Setting up the required modules
As a flexible ERP solution, Odoo provides an integrated e-invoicing module that meets Indian regulatory standards.
Step 3: Incorporation with Odoo
To activate the e-Invoice service in Odoo, navigate to
Go to Accounting -> Configuration -> Settings -> Indian Electronic Invoicing, and input the Username and Password established earlier for the API.
Step 4: Activating the e-Invoice feature in the Sales journal
To transmit e-Invoices to the NIC e-Invoice portal, you need to set up the sales journal.
Navigate to Accounting -> Configuration -> Journals -> Advanced settings -> activate E-Invoice(IN)
And now, we're ready to proceed. Let's explore how it functions:
Generate an invoice, and upon confirmation, a confirmation message appears at the top.
At the end of the day, Odoo automatically uploads the JSON-signed file of validated invoices to the NIC e-Invoice portal. If you wish to process the invoice immediately, click on Process now.
Verification of GST e-Invoices
Following e-invoice submission, you can ascertain whether the invoice is signed directly from the GST e-Invoice system website.
Retrieve the JSON file from the attached documents. You can locate it in the chatter section of the corresponding invoice.
Access the NIC e-Invoice portal and navigate to Search -> Verify Signed Invoice.
Choose the JSON file and proceed with submission.
When the file is signed, a confirmation message appears.
You're welcome!