Which is the Best GST Software in India?

In its two years of operation, Goods and Services Tax (GST) has gone through its fair share of setbacks and revenue disappointments. Considered as the country's biggest tax reform, GST replaced many indirect taxes such as sales tax, VAT, and service tax, thus reducing the cascading effect for the end consumers. In spite of all the efforts made by the government to ease the transition process to the new indirect tax regime, many taxpayers were finding it difficult to make decisions in terms of billing and filing challenges.

In order to reduce the compliance burden and stay compliant with GST laws and regulations, businesses are looking for the best GST billing and return filing software. With all the excellent features from being cloud-based to a seamless GST billing and return filing experience, HostBooks Compliance Software helps you achieve all your GST endeavours.

Why choose the best GST Software for your business?

The introduction of GST has allowed the country to move one step closer to its dream of achieving "Digital India". To make tax compliance hassle-free, businesses are encouraged to perform various compliance-related activities on time. Hence, the use of GST compliance software can allow a business to simplify and achieve all GST endeavours. Some of the reasons why businesses need GST software are listed below.

• To record all the purchases and generate customized GST invoices depending on the need of your business. This allows you to avail eligible input tax credit (ITC) without any issue.
• You will be able to easily reconcile any invoice mismatches and file your GST returns without much of errors.
• In order to claim the tax credit, your buyers might ask you to upload sales invoices to GSTN. This also protects them from any disputes at a later stage. Hence, the best GST software in India will enable you to manage such tasks with ease.

Top 5 GST return filing software for businesses in India

1. HostBooks GST Compliance Software

By simplifying your GST billing and return filing experience, HostBooks GST Software aims at reducing your compliance time significantly. Being cloud-based with anytime anywhere access, it will always be your side and ease your compliance burden.

HostBooks integrated software solution further simplifies the process of filing GSTR-1, GSTR-3B, GSTR-4, and GSTR-9 with easy reconciliation of invoice mismatches, automatic validation of all your data, and inbuilt HSN/SAC codes.

2. Zoho Books

With mainly catering to international markets before, Zoho has recently introduced its range of software for businesses in the Indian market. It offers cloud-based accounting software that supports simple invoicing and billing, high control over your data, and multi-currency and multi-user support.

3. QuickBooks

It is also an accounting software initially developed by keeping the international market in mind. However, QuickBooks has now started to help the home-grown businesses manage their finances as per Indian accounting standards. Being web-based, it provides businesses with quick invoicing, expense and inventory management, and preparation of financial reports.

4. Clear Tax

Initially, starting with income tax return (ITR) filing software, Clear Tax now also provides GST return filing software. It can be beneficial for businesses that need to extract lots of data from their existing accounting software or any other ERP systems. This makes it a central platform to prepare your accounts and file your returns.

5. MARG GST Software

Considered a comprehensive GST-ready software, it helps to manage compliance for large enterprises. Some of the key features of this GST filing software include ease-of-use, flexibility, customization, and timely upgradations.

Why choose HostBooks GST Software for your compliance needs?

Without GST Software to streamline billing and filing processes, it can be challenging for businesses to be GST-compliant. The best GST software not only helps you to comply with laws and regulations, but it can also save your time and money. The following are some of the amazing features which make HostBooks Compliance Software an excellent choice for your business.

Seamless GST Return Filing: An NSDL-listed software that provides you with a seamless GST billing and returns filing experience, enabling you to overcome all your GST challenges.

Cloud-based Software: With the latest cloud technology, it supports anytime anywhere access to help you file your GST returns – GSTR-1, 3B, 4 & 9 from any corner of the world.

GSTR-2A Import & Reconciliation: Easy to understand format with an effortless import of GSTR-2A along with the ITC ledger, upload of Sales/Purchase invoices and reconciliation of GSTR-2A Purchase/Amendment, Credit/Debit Note.

GSTR-3B Validation: Validate the data entered in various tables in GSTR-3B with ease and file your returns successfully.

Automated: Auto calculation of ITC & tax liability not only save your valuable time but also boosts your efficiency by reducing manual efforts and ensuring accuracy.

Auto-matching: Auto-matching of invoices/returns helps you with invoice reconciliations in a cost-effective manner and makes overall tasks stress-free.

Tally Integration: Whether you are using Tally or any other software, HostBooks return filing software allows you to migrate all your data in its original form without any loss of data.

Data Security & Backup: Your business data is safe and secure with HTTPS, constant data backups, and easy restoration.

Free 10GB Cloud Storage: Never worry about storage space again with 10GB cloud storage absolutely free. Store and manage your important documents on the go.

24/6 Expert Help: Get instant help from GST experts for all your queries. We are just a call away - 24hrs and six days a week.

Conclusion

Manual calculations are often prone to errors and can even lead to a significant loss in revenue. Hence, to efficiently manage your business compliance and reduce your compliance burden, you should go ahead with HostBooks Compliance Software. It can ease your overall tasks in every way possible and allow you to focus more on your core business process.

What Makes a GST Software ‘Easy to Use’ for Small Business?

Introduction of Goods and Services Tax in India has subsumed a large number of Indirect Taxes that existed previously. And thus it is known to be the biggest tax reform. But as a matter of fact, it became a need of the hour for the removal of cases like tax evasion, bribery and other forms of corruption in the country.

The emergence of GST paved way for different kinds of GST Software for the filing of various GST returns, in accordance with the prescribed rules and regulations. Hence, there are now a large number of GST software with different features and prices.

With so many returns to be filed along with endless compliances, the small businesses are on a constant lookout for easy-to-use GST software. Other features like Reliability, Affordability, Easy to use, and Data Security make working on GST easy for these businesses.

So here in this blog post, we shall know all about what makes a GST Software ‘Easy to use’ for small business.

1. Anytime Anywhere Access

Suppose you got stuck badly in a Traffic Jam or you are in a metro train or in a remote location and you fall in a dire need to access your account but due to an improper signal issue you will get into the most difficult situation.

So never let such things obstruct your business and choose the cloud-based GST Software only. A Cloud-based advanced software ensures that you can now easily access your account anytime and anywhere. It saves both your time and complications.

Thus, it always beneficial to choose such an advanced software only whose extraordinary features may successfully deal with the GST issues and other relevant terms.

2. Multi-Platform Adaptability

In the present GST Regime, it has become mandatory for businesses to be updated and to furnish every task at the soonest. Like, making a delay or a mistake in filing a GST Return, matching of Invoices, generating an E-way Bill or any such important activity may cause extreme difficulties and/or penalty as well.

Thus, it is highly advisable to get such a GST Software only that possesses multi-platform adaptability. Because, this specialized feature assists you brilliantly executing your requirement online through any device like a laptop, desktop, tab or just with a smartphone.

In fact, choosing such software will bring peace and satisfaction to your mind as everything you need to do at a particular moment will not require a particular place, desk or fixed chair.

3. Security and Professional CA Support

Needless to say that the utmost safety of one’s confidential data is very important. And thus, one should search for such software that ensures advanced security of the data.

Also, a quick professional CA support is important too. Being a less experienced or a new user or just due to some technical misunderstanding you may seek instant support to help you out. Thus always choose a GST software that promises around the clock online professional support.

4. User–Friendly Mechanism

Suppose you purchased software with the most advanced features but your employees feel it be complicated, is it beneficial for you?  Do keep in mind that getting the most adequate operating system is extremely important. And it becomes mandatory in terms of small business. Operating method needs to be very easy so that anyone with a little knowledge can use the software properly. Moreover, the right selection may save a good amount against unnecessary employees’ training.

5. Short-Cut Keys Command

Short-cut Keys Command provides an excellent opportunity to save your precious time by at least 50%. It enhances your speed brilliantly and saves you from moving the cursors on the screen with a mouse. Moreover, it guarantees more accuracy in calculations along with all other tasks too. Chartered Accountants, Accountant and other concerning professionals highly prefer this option. So, before purchasing, it is good to keep in mind that an advanced GST software featured with Short-cut Keys Command would definitely be an additional benefit to your organization.

Conclusion 

So, these above-mentioned points are some of the most important characteristics that make a GST Software easy to use, especially in terms of Small Businesses. And, if you want to comply with the new indirect tax regime, keeping in view the benefits and ease, it is good to go for thorough research.

HostBooks has been known to be the most credible, certified, and affordable GST software. And especially for small businesses, this has become a popular name that allows the user to obtain a great experience including all the above-discussed features. For more details please visit www.hostbooks.com and to get instant support call us @ 9152343434.