Goods & Services Tax-GST Billing Software

Overview

The GST billing software has been meticulously crafted to assist businesses in adhering to Goods and Services Tax (GST) regulations. This tax, imposed by the Indian government, applies to the sale of goods and services. The software streamlines various GST invoicing processes, including tasks such as tax calculation, payment monitoring, GST return compilation, and management of GST accounts.

What is GST Billing Software?

GST billing software is like a digital helper for businesses. It helps them handle their money and send bills to customers for goods and services they sell. This tool is important for any business because it helps them see where their money goes, make bills, figure out taxes, and file reports for the government.

With this software, businesses can make bills that follow the government's rules, figure out taxes right, and keep a record of what they paid in taxes. It also helps them stay on top of their tax reports. They can see if they owe any money back, and know how much they still need to pay.

Benefit

• Simplifies fund tracking and automates billing for businesses.
• Generates and sends invoices to customers, calculates taxes, and stores customer details.
• Supports report generation, sales monitoring, account reconciliation, and payment tracking.
• Helps companies create reports, manage inventory, and handle customer accounts.
• Boosts efficiency and saves time by automating billing processes.
• Integrates seamlessly with other tools like inventory management, CRM, and accounting software.

Tax & Process

• Basics About the software:

Our GST Software is designed to assist businesses in effortlessly managing their financial records, including GST compliance, TDS compliance, payroll, and income tax filing.

It is user-friendly and doesn't require any prior accounting knowledge or experience. The solution is accessible as a web application and can be downloaded from the Google Playstore.

It seamlessly integrates with various platforms in India, such as the GSTN, TRACES Portal, banks, and more, to ensure businesses remain compliant and avoid penalties.

Built on the AWS Platform, it adheres to the highest standards of data privacy, security, and backup.

As a paid product, users/customers have complete confidentiality, privacy, and control over their data.

• GST Invoicing & Billing:

Our system streamlines the process of generating GST invoices or bills with or without GST from your mobile device or computer.

It includes a built-in catalog and contact management for creating error-free invoices in seconds with accurate GST rates and calculations.

You can conduct billing in multiple currencies, across various branches, and with multiple users working simultaneously.

Invoices and bills can be easily shared with customers through various communication modes like SMS, WhatsApp, and email.

• Receipts & Payment Gateway Integration:

Easily issue receipts to your customers and reconcile multiple payments against invoices.

Our GST software is flexible, allowing quick integration with various payment gateways to automate invoicing and receipt generation.

It offers options for low TDR rates and next-day fund settlement.

• Accounts Statement:

Generate and share accounts statements with your clients instantly, enabling you to view customer-wise accounts receivables, and overdue invoices, and send payment reminders with payment links.

You can also create supplier accounts statements with details of all purchases, payments made, and payables, and track input tax credits receivable from vendors.

• Purchase & Payments:

Efficiently record purchase invoices, payments, and business expenses.

Track payables and payments made against a purchase invoice, even in parts, and monitor upcoming payment dues, overdue payments, and generate supplier accounts statements.

Easily upload and store copies of your purchase invoices and bills on the cloud for quick retrieval.

• GST Return Filing & ITC Reconciliation:

File error-free GSTR-3B and GSTR-1 invoices directly through API integration.

Auto-prepares GST returns based on invoice, payment, and credit note data without requiring prior accounting knowledge.

Easily match purchases with input tax credits received on the GST portal, identify suppliers not providing credit, and follow up to prevent ITC leakage, saving time and money.

Documents Required

Connect with us to learn how to install our GST software and how to use the same.

Procedure

You can use our software in the following way:

Invoicing:

• Easily create, monitor, and send professional GST invoices, quotes, or bills of supply via Whatsapp, SMS, or email.
• Utilize our automated GST rate and applicability calculator to ensure error-free invoices.

Purchasing:

• Efficiently generate and transmit purchase orders, and keep tabs on vendor payments and purchase invoices.
• Streamline input tax credit reconciliation directly through our GST software with GSTN API connectivity.

Connected Banking:

• Facilitate NEFT, RTGS, and IMPS payments directly from our GST software using your Bank Current Account.
• Seamlessly sync bank statements and reconcile bank transactions within the platform.

Bank Reconciliation:

• Monitor account balances and synchronize bank statements from over 100 Indian banks through our GST Software.
• Compatibility with fetching bank statements from major banks like SBI, HDFC, Axis Bank, Indian Bank, etc.

Input Tax Credit:

• Automatically reconcile input tax credit receivable and send reminders to vendors for un-received or mismatched ITC.
• Achieve quick automation for reconciling thousands of purchases in a matter of minutes.

GST eWay Bill:

• Directly generate GST eWay bills from our GST software and track their status.
• Generate eWay bills rapidly from existing invoices, bills of supply, purchase invoices, or delivery challans.

Customer Management:

• Conveniently onboard customers, track payments, and oversee receivables.
• Automatically schedule reminders and create estimates for smoother customer management.

Vendor Management:

• Streamline vendor onboarding, payment tracking, and payable management.
• Simplify input tax credit reminders and communications with vendors.

FAQ's