ArcelorMittal Nippon Steel SAP SD Consultant Interview Questions and Answers

E invoicing is the process of electronically sending and receiving invoices between businesses.

• Eliminates paper-based invoices

• Reduces errors and processing time

• Improves efficiency and cost savings

• Complies with legal requirements and regulations

• Examples: sending invoices via email or using electronic data interchange (EDI)

TDS/TCS stands for Tax Deducted at Source/Tax Collected at Source, which are types of income tax collected by the government.

• TDS is deducted by the payer at the time of making payment to the payee and deposited with the government.

• TCS is collected by the seller from the buyer at the time of sale of specified goods and deposited with the government.

• TDS/TCS rates vary based on the type of transaction and nature of income...read more