Billing & Receivable

GST Invoice
Dr/Cr note
ReceiptAuto Accounts UpdateAuto Inventory Update
Advance & AdjustmentStandard Reports
o   Statement of Account
o  Receivable with AgingMonthly GST Returns
o   GSTR 1, 1B, 2, 2B, 3, 3B, 4
Categories: ,

Description

GST Invoice

Invoice can be printed for

§  Regular sale (Cash/Credit)

§  Export Invoice – With or without inclusive taxes

§  E-commerce based Invoice

§  Bill of Supply for

·         Non GST

·         Exempt Items, or

·         Services

Sample invoicing of all three kinds:

§  Cost  + tax – get full Input Tax Credit (ITC) on inputs

§  No Cost only Tax – get full ITC on inputs

§  No cost and No tax – update input invoices to be partly ineligible for ITC

§  Flexibility in using Sample Invoice on same Invoice

GST Driven Validations – Keep a check on Invoice data entry right from the genesis

Automatically get

§  HSN/ SAC codes of Items/ Services

§  Customer GSTIN/ UIDAI/ PAN details

Create Unlimited Drafts beforehand and timely reminders, to Finalize and automatically update Accounts and Inventory immediately

Set Default Bank Account details and Terms and Conditions

MRP – Discount Based Auto Calculated Pricing & invoicing

§  Set Prices inclusive or exclusive of taxes

§  Revise Prices on one click

Bill according to different Pricing policies for the same item on the same Invoice

Auto Inventory Update – up-to-date accurate inventory balances

Cancel Invoices through reverse or negative entry –

§  Auto updates GSTR forms and Inventory and GL automatically

Debit /Credit note

Create Dr or Cr Notes directly from Marketing Module itself, Finalize later

Cancel Dr or Cr Notes through Reverse or Negative entry –

§  Auto updates Stock balances and Ledger books

Calculation of HSN/SAC based tax records

GST Driven Validation

Receipt

Record Financial transaction immediately –  know full transaction details, as and when required

Cancel Receipt through Reverse or Negative entry –

§  Auto updates Stock balances and Ledger books

Adjust Invoice Dr/ Cr Note, Advance or create a new financial transaction – all from one dashboard

Calculation of HSN/SAC based tax records

Updates Receivable aging

Tax wise Receivable accounting of all transactions with one another

Get periodic Receivable reminders with aging (less than or greater than 180 days)

Statutory Reports – Receivable accounting reports

GST Driven Validation

Auto Accounts Update
Advance & adjustment

Record Financial transaction immediately –  know full transaction details, as and when required

Cancel Advance through Reverse or Negative entry –

§  Auto updates Stock balances and Ledger books

Calculation of HSN/SAC based tax records

o   Launch workflow upon receiving advance

GST Driven Validation

Standard Reports

Statement of Account

Receivable with Aging

Monthly GST Returns

GSTR 1 – Export to GST offline tool to directly upload to GST Portal

GSTR 1B, 2, 2B, 3, 3B, 4 – formats updated ready and

Billing & Receivable