GST Software: Features of GST Software, Best GST Software 2024. 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 & 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 & 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
- Dashboard Facility
- API for Remote Access Facility
- Multi-currency Facility
- Multi user login and roll based access Facility
- Multi location Facility
- Multiple company Facility
- Sms/Email /Excel/Csv Facility
- Export, Import Feature Facility
- Easy & Fast Billing Facility
- Email integration Facility
- Mobile App Facility
- Barcode Facility
- Re-Order Management
- Cashier & Home Delivery
- Cash/Credit/Multi Payment
- Stockes, Accounts & 1000’s MIS
- HR and payroll Facility
- 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, & Discount Facility
- Cash / Credit / Split Invoice & Challan Facility
- Sales Return & Replacement on Sale Bill Facility
- Party Wise Rate, Discount and Scheme
- Salesman / Route / Area Wise Bills & Reports
- Indication for Loss, Min, Max, New / Old Rate & Expiry
- Negative Stock Billing Facility
- Back Date Stock Position at the Time of Billing
- Switch Over from Bill to Bill Anywhere
- Godown Wise Billing & Stock Position
- Bill Import / Export & Message on Bill
- Auto Calculation of Levies & no Chance of Manual Mistake
- Display last four Deals at the Time of Billing
- View O/s Stock, Ledger. Last Deal of Sale & 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 & Multi User Facility
- 100% Data Security & Accuracy
- Tried & Tested (100% Error Free)
- Multi-Currency, Unit, Godown & Financial Years Facility
- Calculator & Cash Return Adviser Facility
- Month Calendar with Appointment Dairy & Note Pad
- Supplier, Customers & Personal Directory
- Telephone Book Envelope & Labels Printing
- software / Operator/ Company Password & Boundations
- Data Security with Self Backup & Carbon Copy System
- Sale / Purchase, Bank Ledger & 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 & Cost
- Purchase Planning & Purchase Order Management
- Supplier Wise Various Outstanding Reports & Remainder
- Pending DR / CR & Replacement Notes
- Auto Barcode / Label Printing from Purchase Bill
- Fix Sales Rates & Deals at the Time of Purchase
- Online Shortage Management
- Purchase Costing Comparison
- 1000’s of Purchase Reports & Analysis
- Online / Softcopy Purchase
GST Software Taxation Reports Features
- Sales Tax / Purchase Tax Summary
- Sales Tax Account Registers & Vat Returns
- Sales Tax Forms Receivable / Issuable & Reminders
- Service Tax, F.B.T., T.D.S, T.C.S Excise, Cess & H.E. Cess
- Party Wise Vat Summaries
- Check List
GST MIS Reports Features
- Cash Flow, Funds Flow & Ratio Analysis
- Budgets / Targets / Credit Limits
- Online Graph, SMS & E-mail
- Any Report Export to Word & Excel
- Sales / Purchase Analysis
- Gross Profit Analysis
- Financial, Expenses & Budget Analysis
- Operator Wise Powers & Boundations with Operator Log Book
GST Software Utilities
- Smart Vat Patch no Need to Update software
- User–Definable Warning Alarms & Colorful Indication
- Year-Wise Data Backup and Restore
- Data Export to Word / Excel / Text File
- Draft Mode & GUI Printing
- Last Year Comparison with Various Reports
- Bird’s Eye View of Accounts
- Powerful Query System
- Credit Limit in Amount, Bill & Days with Stop Billing Facility
- User Definable Hot Keys
- Data Security with Self Backup & Carbon Copy system
- Sales/Purchase, Bank, Ledger & Data Freezing on any Date
- Auto recovery of Bill for unsaved bill due to Power Off
- Attached with Hospital software & work on their guidelines
- Any Report Printing from anywhere
GST Software Comprehensive Financial Accounting
- All Book of Accounts & Final Results
- Balance Sheet with Various Schedules
- Configurable Sales & Purchase Registers
- Outstanding Reports and Analysis
- Configurable Payment Reminder Letters
- Configurable Statement of A/c
- Interest Calculation & 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 Software Inventory Management Features
- All Books of Inventory
- Brand, Group & 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 & 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:
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 2024
Recommended Articles –
- GST Quiz
- GST Rules
- GST Refund
- GST Return
- GST Forms
- GST Rate
- GST Registration
- What is GST?
- GST Invoice Format
- ITC under GST
- HSN Code
- GST Login
- GST Rules
- GST Status
- Track GST ARN
