Version 2021 : Corrugation Packaging MRP video

MRP – Material Requirement Planning, for Corrugation Packaging Industry, manufacturers of anything

E invoice news – 26 March 2021

( 2 topics : E invoices and HSN Code )

E invoices

• If your Turnover was 50 cr to 100 Cr in any of last 3 years :

• Read this carefully. Get E invoice ready immediately. Else big loss possible.

• If your Turnover was over 35 crores and have more than 1 plant , check this above again. The GST invoices made for intra company , but inter state sales, say your Gurgaon plant ( Haryana) to your Pune Plant ( Maharashtra) …..it is to be added for this eligibility

If you are below 35 Cr , relax

if you are over 100 cr already. Your staff must have already done this

HSN Code – 6 Digit

IRRESPECTIVE OF YOUR TURNOVER

HSN Code: From April 1, 2021, Now you must mention 4 digit HSN Code/ 6 digit HSN code in invoices… you also and your vendors also…

https://taxguru.in/goods-and-service-tax/hsn-code-mandatory-irrespective-turnover-01-04-2021.html

IRRESPECTIVE OF YOUR TURNOVER, YOU MUST FOLLOW THIS

Notes

E-Invoicing: From April 1, 2021, E-invoicing compulsory if your turnover exceeded Rs 50 Cr in ANY of the financial years starting from FY 2017-18 upto FY 2019-20. … Note : Add the even inter plant sales , and Interest income, rent income to see the total figure of 50 crores.

Beware
and Be Aware

GST Penalties / onroad problems should be avoided by awareness
and doing things “First time right”
Remember…Educate your Vendors too .. Else you will lose all your ITC on those bills…
and a possible penalty of Rs 25000 for incorrect invoicing ….per invoice

See the detailed demo files on the Google drive link below

click here to access the Google Drive

Powerpoints and Manuals

1 IRN – Invoice Regn number – PPT irn_ppt_18pg – Click here

2 IRN – Invoice Registration_manual -31pg – Click here

3 IRN GENERATION IN FINSYS ERP_31pg landscape

4 How to QR_code_invoice_dt 21 March 2021 and DSC

5 How to do the QR_VERIFICATION_dt 21 March 2021

these other files on the Google drive link below

Finsys at your service

Congratulations. After having done 15 plants already. Finsys is now a Pro in this line. So, this is a Metal Treatment company doing, Electroplating, Zinc Plating, Zinc Nickel Alloy Plating & Zinc Iron Alloy Plating Services and Electroless Nickel  etc. They are also service providers of CED Coating Services, Electro Coatings Services, Plating Services, Zinc Coatings Services etc. Their services find application in automobile industry, metal industry, chemical industry and various other industries.

They serve the Tier 1, Tier 2 and Tier 3 vendors of companies like Maruti, Honda, Hero Motocorp, Honda Motorcycles etc

ERP Software for Electroplating

ERP Software for CED Solutions

ERP Software for Zinc Plating

ERP Software for Tier 2, Tier 3 Vendors

Taking example from a popular industry – Plastic Molding , we have explained how the Proper Grouping, Subgrouping shoul be made and can be made in any ERP Software

Examples taken from  Finsys ERP, And we are glad to share that the same logics can be used in any ERP Software you chose across the world. www.finsys.co.in for more details . .

ERP Software for Plastic Moulding Finsys ERP Software, Corrugation ERP,Master files in ERP, Groups and Subgroups for Item Masters, Finsys ERP Manuals, Plastic Moulding ERP Software, Rubber Molding ERP Software

This leading MSME Paint manufacturing company used Finsys ERP for 2010 to 2021…. non stop… … Some years ago, it started parallel work on a new ERP software from Gujarat… Did good effort there,

But finally decided and agreed that East or West, Finsys is best ERP for the Small and Medium enterprises when you need a detailed Manufacturing Module, with peculiarities for the Paints and Chemical Manufacturing Industry

Welcome back to Finsys ERP.

Welcome Home.

We are your own.

Happy Homecoming

This company is based in Gurgaon, Haryana*.

• some details changed to protect the identity of the customers as per our company policies