10 Nov 2018
#FinancialBytes: 5 best GST software for small businesses
The Goods and Services Tax (GST), introduced on July 1, 2017, is a single-tax regime which must be followed by every registered business in the country.
However, complying with the GST rules can be tough, especially for smaller businesses and that is where GST software step in to help companies to meet GST-related accounting requirements.
Here are 5 top GST software for small businesses.
Zoho Books, one of the best user-friendly GST software
Zoho Books is one of the best and easy to use GST-ready accounting software that helps small businesses manage their accounts online.
Zoho Books also lets clients send invoices, file GST, settle banking transactions, generate reports, and track inventory.
Coming to the pricing, Zoho Books packages start from Rs. 2,499 per annum for one organization. Users can also avail a free 14-day trial.
About the GST software offered by ClearTax
ClearTax is a cloud-based GST software which is simple and easy to use. It offers the complete GST billing and filing software.
Since it is cloud-based, users would not lose data and can also access it anytime and anywhere.
ClearTax lets users file/track returns, automatically identify errors, get insight on their data through "Intelligent Reports".
For small businesses, packages start from Rs. 10,000.
QuickBooks, GST-compliant online accounting for businesses
QuickBooks is another popular GST software in the country which is easy-to-use and quite similar to Zoho Books.
Its quick and user-friendly interface lets clients create GST invoices effortlessly. The GST software helps in preparing and filing the tax and maintains a record of financial transactions.
QuickBooks charges Rs. 4,999 for a one-year subscription. It also offers a 30-day free trial to the users.
GEN-GST offers secured GST e-filing and billing
GEN-GST is one of the top-rated GST preparation software; it is user-friendly and focused on the accounting fraternity.
It extracts data from any accounting software for secured tax filing and works even without Internet.
Some of the facilities offered include automatic error correction, desktop and online synchronization, data validation among others.
Desktop installation packages start from Rs. 5,000 and desktop updation from Rs. 2,000.
Reach Accountant, GST-enabled business software for small and medium businesses
Reach Accountant is one of the popular GST software on the market. It also offers a free GST Filing Software for Tax Consultants who only have to pay Rs. 100-150/filing.
The GST-enabled business software for small and medium businesses is user-friendly and lets users customize as per their business needs with ease. The GST accounting software packages start from Rs. 6,000 per year.