GST Software: Features of GST Software, Best GST Software 2021. GST is applicable form 1st July 2017 and then all tax professional require GST Software for filing of returns, make invoicing, Accounting etc. Any GST Software for Billing and Accounting can be customized as per the business you are doing without any hassle. In GST Software you can convert your bill in any format you need as well as send the bills through email, which will save your plenty of time. This will ensures that invoices will be distributes with higher degree of automation. Even there is a provision of sending bill through SMS if one is out of reach of his mail.
You can also switch over anywhere from bill to bill which saves consumption of time. GST Software is require for GST Accounting, GST Accounting app, GST Accounting for Online Businesses, GST Accounting software etc Purpose. Here below we provide all features of GST Software….
Features of GST
- GST proposes to subsume Central Excise, Service Tax, CST and VAT into GST
- GST is expected to be operational in India as a combination of CGST, IGST and SGST,i.e the Central, InterState and State GST respectively
- Flexible product structure to accommodate GST easily
- Proactive eFiling capabilities already built in current product which can be reconfigured
- Experienced Taxation specialists from industry to help you be ready for seamless transition
- Team of Experts across business domains
- Ready to migrate or develop products and services to stay ahead in the industry
Important Features of GST Software
- Generation of Invoice as per GST Guidelines and Invoice Format
- e- filing of All Type of Dealer Returns Facility
- Facility of e-Payment of Taxes as per Liable GST Rates
- Tax Liability Register, Credit Ledger, Cash Ledger will be made possible
- ITC Match/Mismatch Report generation
- Reconciliation with Online GST Portal and other official GST Links
Main Features of GST Software
- DashboardFacility
- API for Remote AccessFacility
- Multi-currencyFacility
- Multi user login and roll based accessFacility
- Multi locationFacility
- Multiple companyFacility
- Sms/Email /Excel/CsvFacility
- Export, Import FeatureFacility
- Easy and Fast BillingFacility
- Email integrationFacility
- Mobile AppFacility
- Barcode Facility
- Re-Order Management
- Cashier and Home Delivery
- Cash/Credit/Multi Payment
- Stockes, Accounts and 1000’s MIS
- HR and payrollFacility
- Financial management
- Inventory management
- Invoice Management
- Product database
- Supplier and purchase order management
- Taxation management
- Quotation and estimates
- Warehouse management
GST Software Billing Features
- Multi Rate, Price List, and DiscountFacility
- Cash / Credit / Split Invoice and ChallanFacility
- Sales Return and Replacement on Sale BillFacility
- Party Wise Rate, Discount and Scheme
- Salesman / Route / Area Wise Bills and Reports
- Indication for Loss, Min, Max, New / Old Rate and Expiry
- Negative Stock Billing Facility
- Back Date Stock Position at the Time of Billing
- Switch Over from Bill to Bill Anywhere
- Godown Wise Billing and Stock Position
- Bill Import / Export and Message on Bill
- Auto Calculation of Levies and no Chance of Manual Mistake
- Display last four Deals at the Time of Billing
- View O/s Stock, Ledger. Last Deal of Sale and Purchase Returns, Receipt Payment Bill Modification at the Time of Billing
- Counter Sale Entry Provision
- Party History Dashboard on Party Selection
- Provision to Load Item from Other Bill
GST Software General Features
- Single User and Multi User Facility
- 100% Data Security and Accuracy
- Tried and Tested (100% Error Free)
- Multi-Currency, Unit, Godown and Financial Years Facility
- Calculator and Cash Return AdviserFacility
- Month Calendar with Appointment Dairy and Note Pad
- Supplier, Customers and Personal Directory
- Telephone Book Envelope and Labels Printing
- software / Operator/ Company Password and Boundations
- Data Security with Self Backup and Carbon Copy System
- Sale / Purchase, Bank Ledger and Data Freezing on any Date
- Any Report Printing from Anywhere
GST Software Purchase Features
- Display Last 4 Deals at the Time of Purchase to Cross Check Rate Deal, Disc Tax and Cost
- Purchase Planning and Purchase Order Management
- Supplier Wise Various Outstanding Reports and Remainder
- Pending DR / CR and Replacement Notes
- Auto Barcode / Label Printing from Purchase Bill
- Fix Sales Rates and Deals at the Time of Purchase
- Online Shortage Management
- Purchase Costing Comparison
- 1000’s of Purchase Reports and Analysis
- Online / Softcopy Purchase
GST Software Taxation ReportsFeatures
- Sales Tax / Purchase Tax Summary
- Sales Tax Account Registers and Vat Returns
- Sales Tax Forms Receivable / Issuable and Reminders
- Service Tax, F.B.T., T.D.S, T.C.S Excise, Cess and H.E. Cess
- Party Wise Vat Summaries
- Check List
GST MIS Reports Features
- Cash Flow, Funds Flow and Ratio Analysis
- Budgets / Targets / Credit Limits
- Online Graph, SMS and E-mail
- Any Report Export to Word and Excel
- Sales / Purchase Analysis
- Gross Profit Analysis
- Financial, Expenses and Budget Analysis
- Operator Wise Powers and Boundations with Operator Log Book
GST SoftwareUtilities
- Smart Vat Patch no Need to Update software
- User–Definable Warning Alarms and Colorful Indication
- Year-Wise Data Backup and Restore
- Data Export to Word / Excel / Text File
- Draft Mode and GUI Printing
- Last Year Comparison with Various Reports
- Bird’s Eye View of Accounts
- Powerful Query System
- Credit Limit in Amount, Bill and Days with Stop Billing Facility
- User Definable Hot Keys
- Data Security with Self Backup and Carbon Copy system
- Sales/Purchase, Bank, Ledger and Data Freezing on any Date
- Auto recovery of Bill for unsaved bill due to Power Off
- Attached with Hospital software and work on their guidelines
- Any Report Printing from anywhere
GST Software Comprehensive Financial Accounting
- All Book of Accounts and Final Results
- Balance Sheet with Various Schedules
- Configurable Sales and Purchase Registers
- Outstanding Reports and Analysis
- Configurable Payment Reminder Letters
- Configurable Statement of A/c
- Interest Calculation and Bank Re-conciliation
- Depreciation Chart (as per Co. Act / it Act)
- Cost Centers with Grouping
- Funds Planning / Bank Planning
- Post Dated Cheques Facility
- Voucher Approval System
GST SoftwareInventory Management Features
- All Books of Inventory
- Brand, Group and Category Wise Inventory
- Stock Valuation on Multiple Methods
- Item Wise Gross Profit
- Primary and Alternative Unit for Each Item
- Party-wise Price Structure for Items / Groups
- Multiple Prices Lists of Items
- Sales and Purchase Order Processing
- Batch / MRP / Size / Shade / Reference / Serial No. Wise Inventory
List of GST Softwares Available in Market
- MARG Erp Gst Software
- Gen GST Software
- Tally GST Software
- Quick Books etc….
List of Taxes Included in GST
Central Level:
- Central Excise Duty
- The Excise Duty levied under Medicinal and toiletries preparation Act
- Surcharge
- Education Cess and Secondary and Higher Secondary education Cess
- Service Tax
- Additional Excise Duty
- Additional Custom Duty (CVD)
- Special Additional Duty
State Level:
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The State Government Goods and Service Tax will take in following applicable taxes:
- VAT/ Sales Tax
- Purchase Tax
- State Cess and Surcharge related to supply of goods and services.
- Entertainment Tax (unless it is levied by local bodies)
- Tax on lottery
- Luxury Tax
Rate of GST:
GST Rates are finalised by GST Council, These rates are as follows:
- 0%- essential items including food
- 5%- common use items
- 12% and 18% – Standard Rates
- 28% – items which are currently taxable with (30-31%)
- 28%(with cess) – Luxury and de-merits goods
For more details, please visit on following link….GST Rates in India 2021
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