Computerized Billing System in Nepal

Nepal’s government has enforced the guidelines on the Computerized Billing System intending to implement it at all points of sale eventually.

This bill was passed by the government, and now every organization, whether small or large, needs to adopt a Digital Invoice Management System.

Each time a sale is made through the billing system, a sales receipt is issued, which the taxman records in real-time.

This electronic billing system is directly connected to the point of sale of IRD computers, so every task is under the supervision of IRD.

After implementing this law, there are low chances of tax evasion and under-invoicing and reducing the billing hours.

This new law supersedes the 2015 billing system. This new law can help replace the organization’s manual billing system.

Even after the revolution of technology, many Nepalese companies are using manual billing systems and turning a blind eye to how much time and money they need to waste on manual systems.

So, switching from the manual to the computer world might turn into a huge advantage for the respective company.

Pioneer’s Easy billing system is a great choice for your company because our Computerized Invoicing system works under the provision of the newly passed billing system by IRD.

The unified billing system of pioneer equips the companies of Nepal for accurately managing their revenues with transactions, subscriptions, usage billing, and any hybrid model of these transactions and operating revenue.

Features of Electronic Billing Systems

1. Invoice Generation: automated invoicing generating that may be sent to clients either digitally or on paper.
2. Tax Compliance: Based on Nepalese tax rules, includes VAT and TDS computations to guarantee companies follow government policies.
3. Real-Time Tracking: For improved financial control, tracks payments, debts, and billing status in real-time.
4. Integration: For a flawless process, can link with inventory control systems and accounting applications.
5. Reporting and Analytics: helps companies make informed decisions by offering comprehensive sales, income, and expense statistics.
6. Multi-Language Support: To serve local business needs, some systems provide English and Nepali interfaces.

Government projects like required VAT billing for some companies, which calls for the implementation of a compliant electronic billing system, are driving computerized billing systems rising adoption in Nepal. Local IT companies and foreign suppliers offer solutions; choices to fit certain businesses and legal needs are given.

The process to Register your Computerized Billing System in Nepal

1. Copy of the Tax Clearance Certificate
2. Copy of the Permanent Account Number (PAN)
3. Copy of Company Registration Certificate
4. User Manual for the software signed by company representative and stamped on each page
5. Guarantee letter that Data Amendment or Edit (Manipulation) is not possible on the software
6. Data Backup and Recovery System is available on the software
7. System Architecture Detail
8. Software set up file and Invoice Sample in Excel – 20 copies each in 20 pen drive
9. Connection with Central Billing Management Software (CBMS) – API can be collected Service Branch of the Inland Revenue Department

Note: After all the above documents are ready, one can submit the online form following the procedures below:

1. Log on to www.ird.gov.np
2. Go to the Taxpayer Portal
3. Go to Electronic Billing
4. Electronic Billing User Permission
5. Register: Enter the Username, Password, and other required information and click on the Registration / Proceed
6. Click on Submit
7. Click Print

विद्युतीय बीजक सम्बन्धी कार्यविधि, २०७४ (चौथौ संसोधन सहित)

Note: Contact us If You Need This accounting software in Nepal

Pioneer IT Pvt. Ltd