The Average Cost of a basic GST Software plan is $22 per month.
59% of GST Software offer a Free Trial , while 15% offer a Freemium Model .
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GST is the acronym for Goods and Services Tax, which is considered as the single most significant tax reform initiative in India since its independence. To describe in simple words, GST is a streamlined version of goods and services indirect taxes by the Indian Government, both Central and State. GST software helps in the proper implementation of GST in the company or organization. It doesn’t just assist in calculating the GST, but also helps in managing inventories, accounts, finance, etc. Updation, cost savings, accuracy and improvement in the e-filing process are possible with GST software.
Multiple GST software options are available in the market. Before purchasing a GST accounting software, specific factors need to be considered to avoid regretting later. The below mentioned are few such factors-
Typical Features
Allows many users to log in securely and might support roll based access
Facilitates doing banking transactions digitally
Automates and helps in financial accounting, generating accounting reports and other accounting needs
Automates and manages billing and invoicing requirements of the users
Helps in taking care of GST compliance needs and accounting of multiple companies or firms under the same banner
Enjoys mobile responsiveness and can be accessed using mobile phones
Helps in generating GST reports, other taxation, and billing reports
Helps to copy and archive the data so that in case it is lost, it can be restored without any hassle
Helps in recording inventory to optimize and fulfill the requirement.
Enables payment and collection in multiple currencies.
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