Accounting software by billingsoftwareindia.in

Invoicing software from Hitech BillSoft? Our billing software is 100% GST compatible and generate various types of GSTR reports like GSTR-1, GSTR-3B and compatible reports for auditor. Supports multi-rate invoices and purchase bills. Hitech BillSoft helps in keeping tab on inventory and informs about low stock, availability, items not selling, fast moving items and cost profit analysis. Multiple inventory reports for taking informed decisions. Our billing software brings everything related to a client on single dashboard where you can set credit limit, generate payment receipts, adjust accounts, generate invoices, set cheque alerts, and many more.

Market is flooded with 1000’s of printer types and brands which is a issue in itself. We developed highly advanced new printing engine to address this issue which allows us to print on any printer of any brand at the speed of up to 60 invoices per minute. RAM management is not a child’s play, it requires experience of years to handle complex things like RAM management. Our dynamic RAM management system reduces memory footprint and free memory when not needed as per workload.

Our automated fingerprint based attendance system keeps tab on staff attendance and makes them punctual by deducting salary while absent or late. Our unique reminder system allows you to set daily or recurring reminders so that you never forgot anything important. Our advanced fully automated data backup system reduce chances of data loss manifold and keeps your data secure by encrypting it. Founded in 2002, we are an ISO 9001:2008 certified software company that has a spread of more than 90,000 satisfied clients all over India. After years of research and our zeal for excellence we developed India’s most powerful and simple billing software to meet business requirements. Discover more information at GST billing software.

We built BillSoft to be smart and simple. It’s powerful and easy to use. It’s fun and businessy. We make BillSoft because we think software can be all of these things. And that’s why we want to make it easy for you to try. We’re proud to say that our customer support team strives to save you time and money by solving your problems as quick as possible. We collaborate with all members of the team to find our user’s most pressing needs and figure out ways to give them the best solutions. We work hard to ensure Hitech BillSoft is up to date and usable by users all over the planet and we release new updates often, to help our users better solve their problems.

Using our billing software you can manage purchase returns and inventory will be adjusted accordingly. Purchase returns will adjust supplier account automatically. Our billing software allows you to manage supplier accounts easily using our simplified forms and state of the art user interface. Ledgers will generated automatically based on transactions like purchase, purchase returns, payments, and adjustments. Payments and account adjustments are integral part of any business and our billing software helps in doing this easily. Cash, Cheque, Bank Transfer, and Mobile Wallet payments can be added easily. Previous payments and adjustments can be modified.

What is Reverse Charge? Usually, when the supplier supplies goods, the tax is levied upon the supplier. In certain cases, the tax is levied upon the buyer of the goods. This is called reverse charge as the chargeability of tax gets reversed. This is not new under GST, as under the previous VAT regime, the reverse charge existed, but only on services. Now, under GST, it will be applicable on goods as well. How taxes are charged before and after GST? Before : Taxes paid by the dealer (Excise) to the manufacturer is added to the cost. When the dealer sells down the chain, VAT keeps getting charged on the sum of actual product cost + excise component, and the VAT keeps getting levied at every point of sale, till it reaches the end customer. After : Taxes paid by dealer (CGST + SGST) to manufacturer is not added to cost. This is because GST allows the dealer to set off the tax liability of CGST + SGST. This is one of the fundamental features of GST, which allows seamless credit from manufacturer to dealer, and eliminates the cascading effect of taxes. Read extra information on https://billingsoftwareindia.in/.