Goods and Services Tax (GST) came into origin from July 1, 2017. GST is an indirect tax implemented in India. This tax applies to the supply of goods and services. GST is charged at every phase in the production process but is paid back to all participants involved in the production process. GST has replaced all the taxes in India which were previously applicable on multiple levels. GST is also called as “One Nation One Tax.” Here we are going to list the best gst software in India to make your job easier.
A GST Software is essential for every company because with the new GST Registration policy in place there are a lot of new processes and a variety of rules to be taken care of in the proper prescribed format.
Many software helps you to maintain your accounts book as per GST laws in a simplified way. There are various types of GST software available in India. A GST Software helps the organizations with their GST operations like inventory, investments, taxation, payroll, accounting and invoicing needs, etc. efficiently.
GST Software’s have features like Tax Computation as per GST rates, Invoice Generation as per GST standards, Compliant E-filing Procedures as per GST, Multi-Platform Suitability, Credit Management. One of the critical aspects of the GST software is that it can sync the organization’s data in the new GST structure.
The advantage of GST software is based on your business activities carried on by your firm. Here is the list of Top 5 GST Software in India which will help you with GST Compliances.
Top 5 Best GST Software In India Review
Tally ERP 9
Tally ERP 9 is accounting software which is mainly used by the manufacturers and resellers. This accounting software takes care of the inventory and payroll of the organization. It is a relatively inexpensive software available in the market. Tally ERP 9 has various multiple features. It was mainly programmed for accountants, and hence it may be little tricky for people in business to use. One can accurately plan the purchase of their organizations and handle working capital and improve cash flow for organizations. It allows the entrepreneur to keep a check on expenditure and manage financials in a better way. Tally doesn’t require an internet connection and can be operated offline.
Silver Edition -₹ 18,000/- excluding GST (Single user edition for Standalone PCs)
Gold Edition -₹ 54,000/- excluding GST (Unlimited multi-user edition for multiple PCs on LAN environment)
- Simple Accounting Software
- One stop solution for compliance
- Support and banking transaction
- Faster access to business reports
- Flexible inventory management
- Easy application management
- Easy to share
- Payroll management
- Budgets and controls
- Support for manufacturers
- Multilingual capabilities
- Enhanced security
Intuit Quick books
Quick book is accounting software services which is new in India. Now it’s trying vigorously to follow with the Indian accounting standard. Quick books are more useful for the person who is more concerned about the invoicing because its suitable for services interconnected to an invoicing tool. It helps to maintain a good set of financial reports. It has a fast and easy interface. Quick books are accounting software which is suitable for micro-business. This software is easy to use.
Rs. 5000/- per year
- Basic inventory management
- Mobile app
ProfitBooks is a well-known software of accounting in India. This software through its partner network provides bookkeeping services. ProfitBooks is one of the early software that was introduced in India. This software has now incorporated various GST compliance features. This software has multi-currency support along and also allows multiple users to operate the software
Professional plan Rs.2,999/- per year
SMB plan Rs.8,999/- per year
- Manage stock efficiency
- Run monthly payroll within minutes
- Customize everything
- Easy expenses management
MARG ERP 9+
Marg ERP9+ is a leading accounting software application provider in India. Marg Software helps businesses to optimize businesses as it is a GST enabled inventory and accounting software. This software also provides substantial content related to human resources software solutions which have enhanced features like attendance, payroll, leave management, software, etc. to support businesses in smoother conversion into GST. Marg software successfully tracks all the business activities and hence, saves a lot of time. Marg software enables customization, flexibility and timely upgradations.
Basic Edition Rs.7,200/-
Silver Edition Rs.12,600/-
Gold Edition Rs. 25,200/-
- Inventory accounting management
- Self-designed invoice and another format
- Multi-customer handling provision
- Effortless, fast excise invoice generation
Zoho Books is an international based company, and they recently introduced their services in the Indian market. It is a cloud-based software of accounting with simplified features. Zoho is comparatively new in the market, and thus, certain aspects are still missing. Using software with accounting integrated for small business is easy. It also allows colleagues and accountants to work in a collaborative nature without any extra user fees. It is a budget-friendly software useful for startups. This is one 0f the Best GST Software In India.
Rs. 2,499/- Per Year for one organization.
- Mobile application
- Cloud-based System
- Multiple users
- Easy accounting
- Easy invoicing and billing
Afleo.com is a business services platform which helps the startups & small business owners to start and develop their business in India, at a reasonable cost. Also, Afleo provides business services like incorporating of company, intellectual property rights, trademark registration to secretarial compliances, accounting, GST registration filling and returns. These were the Top 5 Best GST Software In India