Are you looking to simplify your business operations with E-Billing and wondering how to get IRD approval or what CBMS is all about? In this video, we break down the essentials of E-Billing in Nepal, including what it means to have IRD approval, how the Central Billing Monitoring System (CBMS) works, and the step-by-step process to obtain approval for billing.
We've also covered the types of companies that need to adopt E-Billing, the benefits of using professional billing software in Nepal, and how it ensures transparency and accuracy in financial transactions. Whether you're a large enterprise or a small business, this guide is packed with information to help you understand the process and choose the best software for billing.
Key topics covered:
What is E-Billing or Computerized Billing in the context of Nepali businesses?
Which businesses in Nepal are required to use IRD-approved E-Billing software?
What is the process for obtaining IRD approval for E-Billing in Nepal?
What is the Central Billing Monitoring System (CBMS), and how does it work with IRD-approved billing software?
Which software can businesses in Nepal use for IRD-compliant E-Billing?
What key factors should businesses consider while using IRD-approved E-Billing software in Nepal?
Also learn how Tigg Accounting Software, a reliable IRD-approved billing software, can simplify compliance with the Inland Revenue Department of Nepal while offering secure cloud-based solutions for your business needs. Get started with Tigg today and revolutionize your billing system! Visit our website to learn more about our user-friendly, secure, and scalable solutions tailored to your business.
0:00 Introduction
0:43 What is E-Billing / Computarized Billing?
1:09 Businesses mandatorily required to use E-Billing
1:37 CBMS (Central Billing Monitoring System)
2:31 What data will be synced?
3:03 Process for obtaining approval for E-Billing from IRD?
4:24 Selecting the right software
5:46 Things to do after getting the approval
6:43 Conclusion
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