Get to Know Why Businesses Need GST Compliant Billing Software?

TOPICS :   Business
Suresh Jacob
Suresh Jacob
Aug 23 , 2019 18 min read 280 Views Likes 0 Comments
Get to Know Why Businesses Need GST Compliant Billing Software?

The emergence of GST has brought in a complete u-turn in the complex assessment structure of India and simplified it by coordinating into one. And, it is believed that in the long haul the new GST tax will flood the Indian economy with constructive outcomes. However, the GST execution brought in with the assessment group throughout the country was a challenging task when the country was not ready for the GST related procedures. 

So there was need of developing a software that could comply with identified procedures for GST charging and its ends up with the development of GST billing software that can fulfil the requirements of all ventures regarding the new tax assessment framework without diverting their focus from key business activities. in this article, we will unfold all the reasons why organizations should adopt charging programming which complies with all the GST standards BharatBills.

Here SAG Infotech is very well taxation software company, which offer top quality tax software like Gen GST for CA and CS professionals to maintain the input tax credit leader properly. Gen GST is a most important return filing and billing software in all over India that offers unlimited e-filing facility for the taxpayers.

Enables Filing of Data Invoicing

Almost every organizations use simple bookkeeping programming for all their Software forms which further messed up processes like the documentation of information and its coordination with the online GST government gateway. However, it is not the case with the GST agreeable charging programming, it makes easier to move data from the product to the online GST gateway. 

Data Security


Nowadays data security is of great importance. The introduction of GST Billing Software has ended up security dangers because the software is developed in a way that it can exceedingly verify your information and take care of your monetary information effortlessly. 

Allow Documents Management Following GST Standards

The GST framework has authorized online documentation and digitalization of different reports such as cautioning sees, archives identified with discounts solicitations etc. Management of such documents physically is a typical task so the Best GST Software can easily look after and reserve these archives effortlessly. With the product, the grouping of every archive based on their sorts can be easier and kept in different envelopes suggested by the administration under GST. 

After-Sale Service

After-sale service has the same importance as of service provided before the deal because if any problems or queries occurred, the user requires customer care support from the organisation he purchased the services. So go for a product which ensures after-sales service end up the risk of occasions of flurry and weakness. 

List of Features Your Billing Software Should Have

Here we are providing a list of features which your billing software should have so that you can opt for the best and appropriate software for your business. 

Given below are the features you billing software should have:

  • Complete Billing Solution
  • Purchase Management
  • Supplier Management
  • Payable Reports
  • Receivable Reports
  • Customer Supplier Ledgers
  • User-Friendly Invoice Formats
  • Half Page Invoicing
  • Recurring Invoices
  • Payment Reminders Facility
  • In-built Sticky Notes like Feature
  • Sale Purchase Graphs
  • SMS Template Configuration Facility
  • Unlimited Invoice Emails
  • Print/Download/Email Invoice
  • Discount Options
  • Multi-User
  • Multi-Location
  • Pro-forma Invoicing
  • GST Compliant Invoice
  • GST Taxation Reports
  • Sale Purchase Registers
  • Export All Reports to Excel
  • Multi GST Rates
  • Inventory Management

What a Business Owner Should Consider About GST?

GST is an amalgamation of centre and state assessments together. Thus it consists of three expenses including Central GST and State GST for intrastate trade and IGST (Integrated GST) for interstate trade. 

Due to the inclusion of both the central and state expenses under one assessment GST, the collection under GST should be higher for both the state governments and central government. Consequently, GST attracts three kinds of charges. It is a utilization based expense so the tax will be levied and collected by the state that expending. This will result in making the state secure their expense base. 

If in case the products are being transported within the state which means the utilization state and the root state both are the same, the CGST (Central Government Tax) and SGST (State Government Tax) will be levied. 

If in case the products are being exported from one state to the other, the IGST will be levied and the central government will settle the tax with the devouring state. 

Will GST bring down my taxation rate?

GST means to distribute if the assessment impact falls. It uses all sources of info credit which helps in bringing down the taxation rate. However, the credit can only be ensured even if the receipt of the separate provider coordinate.

In the current assessment procedure, the levy amount claims under different expense laws are not permitted. For example, levied amount for duties paid under extract obligations can’t be claimed against administration charge contribution and from other way proposed. With the GST billing software, you can manage all your business charges effortlessly. 

Will GST increase my consistency?

With the GST, it is expected that the consistency weight of the clients should be lowered. It uses a single consistency that must be completed. Under the current routine, service tax, VAT and other returns are needed to be recorded separately though the information tax system under each expense is distinct. 

In the GST the setting up of profit is the responsibility of the GSTN once all the transaction details including buy and subtleties are reported by the assessee. Consequently, the coordination of solicitations took place for profiting information credits and returns are readied to supply. 

Once the profits are calculated and endorsed, no such profit remains to solicit on a month to month basis. In the current assessment routine, clients are required to document and deal with all the payments on their hands such as excise, VAT, service tax and much more. 

Once the returns are filed and approved,  no further returns remain to be filed on a month to month basis. In the current assessment routine, the client has to document and deal all taxes independently excise, VAT, service tax etc.


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