High quality billing software India

Accounting software by billingsoftwareindia.in? 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.

This is age of mobility and smartphones and keep worrying about business while away from our office/shop/store. Our Android App brings daily and monthly business data at your fingertips which helps you in taking well informed decisions. Data becomes most integral part of our life and data loss can bring any business to standstill. Our advanced fully automated data backup system reduce chances of dataloss manifold and keeps your data secure by encrypting it.

Supports PoS Printers: Hitech BillSoft supports multiple type of PoS/thermal receipt printers and comes with dual speed (2/10 invoice per sec) printing engine. Built-in inventory management system allows you to track inventory/stock. Reminds you about low stock, stock availability and movement. Hitech BillSoft comes with multi-size barcode generator which simplifies your stock take-off process. Barcodes can be autosaved which saves up to 27% time. Hitech BillSoft automatically calculate GST and cess amounts for purchase and sale bills. No need to do manual calculations and also supports multi-rate invoices. See more details at accounting software.

Our billing software allows you to generate both GST/Non-GST invoices and seamless transition from Non-GST to GST invoice. You can add any number of items with different tax rates in same invoice. 1. Allows you to switch between Non-GST and GST smoothly. 2. Make sale transition easier from Non-GST to GST. Hitech BillSoft comes with in-built multi-size invoice templates which allows you to generate A4, A5, and PoS receipt size invoices. Our unique dual channel printing engine supports 1000’s of printers available in the market. Saves paper and reduce printing cost. Allows you to switch from A4 to PoS receipts in a click.

We’re Hitech, a ISO 9001:2008 certified software company that serves clients and runs several products for small businesses and growing businesses like ours. Since 2002, Hitech has helped tens of thousands of traders and startups to grow their business and make more money. Our mission is to reduce the stress you feel about your business by giving you access to the tools and data you need so you (and your team) can focus on doing your best work and leveling up your business game. Find extra details on https://billingsoftwareindia.in/.