Updated: Feb 2, 2023, 1:28pm
Key Highlights
• How GST Billing software will help your taxation
• Why should you use GST software
• Best GST Billing Software Available For Businesses
The Goods and Services Tax (GST) software is the front-end IT infrastructure for Indian businesses under the tax system to file their returns, upload invoices, create challans for making payments, and conduct other taxation compliances.
While the GST portal allows businesses to themselves comply with the taxation process, there are developers of GST software who are the third-party GST service providers, such as GST suvidha providers or GSPs as well as other accounting software providers, to help registered taxpayers to comply with the country’s taxation rules.
Forbes Advisor India analyzed more than 100 GST software to help you choose the right one for your business taxation needs.
INR 899 p.m. onwards
Track GST, GST returns, GST filing, GST payments
Yes
INR 899 p.m. onwards
Track GST, GST returns, GST filing, GST payments
Yes
Zoho Books is one of the GSTN (Goods and Services Tax Network)-empanelled GSPs (GST Suvidha Provider) owned by Zoho Corporation Pvt. Ltd. It has offices in Chennai, Tamil Nadu, Delhi-NCR, Mumbai, and Andhra Pradesh. The cloud-based software is a one-stop platform for accounting, managing finances, and filing GST-related compliances online.
Zoho Books pricing starts from INR 899 per month per business for up to three users and one GSTIN (Goods and Services Tax Identification Number). The pricing can go up to 9,599 per month for businesses that want more users, GSTINs, and features. Its free of cost software comes with limited features for one user. However, add-ons are available to connect more users, GTIN, etc. Users have the flexibility to save money by applying for a yearly billing.
INR 750 p.m.
Cloud accounting, invoicing, cash flow and inventory management of GST compliances
Yes
INR 750 p.m.
Cloud accounting, invoicing, cash flow and inventory management of GST compliances
Yes
FocusLyte is a GSTN-empanelled GSP owned by Hyderabad-based Focus Softnet Pvt. Ltd. The software is a one-stop platform for managing GST-related compliances online with features to cloud-based accounting, invoicing, generating reports, create GST-ready e-way billing, as well as manage cash flow and inventory online.
Businesses can register themselves with FocusLyte and opt for a 14-day trial before making a decision. Its monthly plan starts from INR 750. Only one user and a chartered accountant can get access to the software.
INR 6,900 p.a. onwards
GSTR comparison, returns filing, billing, accounting
Yes
INR 6,900 p.a. onwards
GSTR comparison, returns filing, billing, accounting
Yes
Headquartered in Bengaluru, Saral GST is a GSTN-empanelled GSP (GST suvidhaprovider) owned by Relyon Softech Limited. The on-premises software is designed for both professionals and businesses in retail, sales and distribution of goods and services.
Saral GST pricing starts from INR 6,900 up to INR 12,000 per annum, depending upon business needs Whereas, charges for multiple users start from INR 15,000 up to INR 25,000 per year. The company also provides a custom quote upon filing up a form per requirement such as a GST invoicing solution, GST return filing solution, accounting or billing. Additional fees are applicable for integration with SAP/ERP and implementation.
INR 399 p.m. onwards
GSTR comparison, returns filing, billing, and accounting
Yes
INR 399 p.m. onwards
GSTR comparison, returns filing, billing, and accounting
Yes
Formerly known as Vyapari, CaptainBiz is a GSTN-empanelled GSP owned by Mumbai-based IRIS Business Services Ltd. The cloud-based software helps businesses to generate GST bills and invoices, manage inventory, create GSTR reports for all forms as well as track cash and bank transactions, among other benefits.
Users can choose to opt for a 14-day free plan before making any decision. Its monthly plan starts from INR 399 per month–or, users can opt to save up to 20% by choosing their annual plan for INR 3,990. Users can get help via a dedicated relationship manager to solve their GST-related queries.
INR 6,999 p.a. onwards
Record, track, report GST compliances
Yes
INR 6,999 p.a. onwards
Record, track, report GST compliances
Yes
Genie-books is a GSTN-empanelled GSP owned by Mumbai-based Seshaasai Business Forms Pvt. Ltd. The cloud-based software helps small and medium-sized businesses to record, track and report GST-related compliances. It also helps businesses to manage inventory, manage sales and generate invoices, among other benefits.
GenieBooks pricing starts from INR 6,999 per annum per business. The company charges INR 69,990 annually for up to 20 GSTINs, with added features like API integration documentation and assistance, or simply apply for a customized plan. The software is not free for use.
INR 5,000 p.a.
Cash flow tracking, tax credit monitoring, report on GST returns
Yes
INR 5,000 p.a.
Cash flow tracking, tax credit monitoring, report on GST returns
Yes
Owned by Jaipur-based SAG Infotech Private Limited, Gen GST software is a complete GST solution. The software developed for desktop and app users is helpful for businesses to integrate e-invoice, e-filing, make payments and other GST-related compliances. The company charges INR 5,000 for installation and then a yearly update fee of INR 2,000.
NA
GSTR filing, e-invoice, online and offline billing
Yes
NA
GSTR filing, e-invoice, online and offline billing
Yes
Telangana-based uBooks is another GSTN-empanelled GSPs (GST suvidhaprovider) owned by Adaequare Info Pvt. Ltd. It provides both online and offline GST billing flexibility to businesses, with added features like auto tax calculation, mobile-based e-invoice, standard GSTR filing, validate GSTIN, etc.
It provides a complete accounting and billing cloud-based software, for single to multiple users, as per business requirement. However, new users will have to fill-up a form to get a customized pricing. Business can also avail of a free software before deciding upon the plan best-suited for filing GST-related compliance.
Starting from INR 14,160
Cash flow tracking, report on GST returns
Yes
Starting from INR 14,160
Cash flow tracking, report on GST returns
Yes
Just Billing is owned by Hyderabad-based software development company, EffiaSoft Pvt. Ltd. The cloud-based software offers accounting software for restaurant, retail and service providers with POS billing, inventory reconciliation, digital payments to GST invoicing. It runs on windows and iOS desktop and android mobile. The pricing is fixed at INR 14,160 yearly for business types.
NA
Cash flow tracking, tax credit monitoring, GST returns reports
Yes
NA
Cash flow tracking, tax credit monitoring, GST returns reports
Yes
MyBillBook is a GST billing and accounting software providing solutions including e-invoicing or e-way bill, POS solution, digital inventory management, business reports, and it could also be customized according to business needs. However, one will need to fill up the quotation form on their website to learn the pricing of the product.
NA
Prepare, file, validate, and reconcile GST returns, generate e-Invoices and e-way bills.
NA
NA
Prepare, file, validate, and reconcile GST returns, generate e-Invoices and e-way bills.
NA
Cygnet GSP is one of the GSTN-empanelled GSPs owned by Cygnet Infotech Pvt. Ltd. It has offices in Ahmedabad, Pune, Vadodara, Mumbai, and Indore. The on-premise-based software is a one-stop platform for managing GST-related compliances online with features to prepare, file, validate, and reconcile GST returns, as well as generate e-invoices and e-way bills. The software can also be connected with other tools and resources like ERP, Tally, Oracle, and SAP.
The above details on the best GST billing software for 2023 are up-to-date as on Jan. 30, 2023. While we update this information regularly, GST service providers may have already changed pricing and other details since the page was last updated.
Forbes Advisor India analyzed more than hundred GST software plans available in India. Each software was scored on pricing, features, beginner-friendly, value for money, ease of use, and customer care support before coming up with our top-10 picks.
Pricing: Software’s pricing should be reasonable for features and benefits you get.
Advance invoicing: A research was conducted on various GST software providers, which has the provision to prepare an advance invoicing, containing details such as invoice number, payment terms, time frame, etc.
Cash flow tracking: A provision was set to determine if the software has a feature to manage and track financial reports.
Tax credit monitoring: A GST software should be able to track the tax paid on goods and services.
Cloud-based system: A software should be able to make changes using the internet.
Availability of VAT, CST and GST returns: A provision was set to check if a business could avail of filing a report on VAT, CST and GST returns.
Online/Offline option: A software should support return preparation in an offline mode.
Mobile option: A mobile app with features to facilitate and track GST filing or status.
The GST billing software is a third party application, provided by GST suvidha providers or GSPs, or companies like mentioned above, for taxpayers to interact with the government’s GST system via desktop, mobile, and other interfaces, applications or platforms.
These software acts like a bridge that connects a variety of taxpayers (MSME, large enterprise, retail vendor, etc.) with the GST system and assists to carry out the process of uploading GST invoice details, filing of returns, and other related GST compliances.
Overall, taxpayers can maintain their individual business ledgers, including sales and purchase, convert purchase and sales register data in the GST compliant format. Importantly, GST software built by GSPs regularly adapts to changing taxation rules of the country via integration of API (Application Programming Interface) with the government’s GST system.
GSTN-empanelled GSPs are applications developed by third party service providers to help taxpayers and other stakeholders to interact with the GST system. These GSPs are most trusted GST service providers for registration, uploading invoice, and filing tax returns.
A GST software helps businessesn which have registered with GST to file monthly, quarterly, and annual GST returns.
A GST software is the front-end IT infrastructure for Indian businesses under the tax system to file their returns, upload invoices, create challans for making payments, and conduct other compliances.
A cloud-based GST software involves the management of GST compliances online via the internet. On-premise software, on the other hand, requires data to be stored on local servers.
Dipen Pradhan is a Staff Reporter for Forbes Advisor India. He has more than 10 years of experience in journalism. He covers the personal finance beat. When he is not writing, he enjoys documenting the community’s ethnic knowledge, and travels to explore rural hotspots.
