Top 10 GST Ready software in India
GST or Goods and Service Tax, an indirect tax system is now India, left many traders and businessmen just like you in a flux. The new tax regime made it harder for businessmen to run their business owing to the issues related to the periodic online filing of tax returns. This means you need to upgrade your POS system in order to meet the requirements of GST and changing cost implications.
On the whole, the POS software you use to handle business functions should incorporate and comply with GST rules, regulations, and guidelines so that there are correct tax calculations and proper management of business operations.
GST POS systems are capable of handling GST taxation, auto GST tax calculation, Invoicing, calculating correct tax component based place of supply and its corresponding tax credits, capturing GSTIN, and more.
Best GST software for your business all depends on your business nature and requirements. As GST will have more of an impact on data management and taxation, organizations need to look into their present versions of finance solutions and plan accordingly.
To help you out to become GST ready, we have featured a list showcasing 10 Best GST Accounting and Billing Software in India.
1.) HDPOS Smart: HDPOS Smart a complete business management software. HDPOS Smart is a GST enabled Accounting and Inventory Management Software. Available as offline software on system / mobile app. The features and pricing make it a pocket-friendly option. HDPOS Smart can be download free demo version. It is also rated as 4.7/5 on SoftwareSuggest.
Features
- Mobile app
- Flexible GST Tax Structure
- Comprehensive Financial Accounting
- Inventory Management
- Multiple Company
- Invoice
- Barcode Printing
- System reports
- Discount & Schemes
HDPOS Smart
2.) Tally.Erp 9: Tally.ERP 9 is accounting and GST compliant software which provides complete control over the business.
Features
- Multiple company
- Financial management
- Inventory management
- Invoice
- Product database
- Taxation Management
Tally.Erp 9
3.) Zoho Books: An online accounting software, Zoho Books is GST Compliant, straightforward, scalable and customizable for each unique business models.
Features
- Accounting
- Create estimates and invoices
- Track bills and expenses
- Monitor inventory levels
- Create sales order and purchase order
- Generate business reports
- File GST returns
Zoho Books
4.) ClearTax: Clear Tax is GST compliance software, available as an offline software on system / mobile app, mobile website/desktop website; it does not require desktop for installation.
Features
- Online GST Course
- Assistance to find clients
- GST Preparation
- GST Filing
- Data and imports/ exports
ClearTax
5.) MargERP 9+: Marg software is a GST enabled Accounting and Inventory Software which provides complete control over the business.
Features
- Billing Features
- Purchase Features
- Document Printing
- Fully User-Configurable Invoicing
- Taxation Reports / Registers
- MIS Reports
- Utilities
- General Features
- Inventory Management
MargERP
6.) QuickBooks: QuickBooks is a GST enabled Accounting software in India. Which provides inventory management, Easy Expense management.
Features
- Payrolls
- Mobile app
- Mobile support
- Cloud based
QuickBooks
7.) Reach Accountants: Reach Accountants is accounting software now comes with GST compliance.
Features
- Warehouse
- Accounting
- Invoicing
- Multi-branch
- Purchases
- Sales
- Multi-company
- Mobile application
- Business automation
- Operations and process
- Loyalty management
- Tally import
Reach Accountants
8.) ProfitBooks: Profitbooks is GST enabled POS billing and accounting software which provides complete control over the business.
Features
- Accounting
- General Features
- Cloud-Based
ProfitBooks
9.) Giddh: Giddh is an innovative tool equipped with GST. Manage accounts, inventory, customers and employees with this software. Analysis and support provided by the firm make it a holistic solution.
Features
- Invoicing
- Accounting
- Dashboard
- Multi-Currency
- Reports
Giddh
10.) Gen-GST: Gen GST Software is secured GST e-filing and billing software. It is built in secured JAVA Language.
Features
- Invoicing
- E-Filing
- Import/Export facility
- SMS/Email facility
- Input Tax Credit
- Security
Gen-GST
These are some well known GST ready POS software in India
Conclusion:
Using GST compliance software can help centralize information since multiple GSTINs can be matched to a single user account. The time has come for businesses in India to understand the important benefits of using GST compliance software.
Divyanshu Jangid is a Digital marketing expert with experience in marketing, communications. His interests include researching, reading about new technologies and content marketing. When he’s not working, he enjoys spending time with his family, friends and playing billiards.