Accounting software from billingsoftwareindia.in

Accounting software by billingsoftwareindia.in? Hitech BillSoft supports most the PoS printers available in market and receipts can be generated in 2 / 3 / 3.5 / 4 inch. sizes. Our advanced algorithms can generate PoS invoice at the rate of up to 45 receipts per minute. Our billing software comes with advanced data management tools which keeps your data secure and can take backup automatically (2 backup locations supported). Now no need to remember about taking backups. Hitech BillSoft allows you to keep tab on your business activities while on the move using our Android App. Get monthly and daily sales, payments, purchase, expense, and staff attendance figures on your smartphone.

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 billing software comes with fully automated data backup functionality with multi location support. No need to remind yourself to backup data. Using our billing software you can generate various GSTR reports like GSTR-1, GSTR-3B as per format prescribed by Government of India. Using our billing software you can export data in PDF/Excel format for future reference. PDF documents can be directly mailed from software itself. Hitech BillSoft comes with android app for owners where they can check their business data and helps you in managing business better. Discover more details on accounting software.

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.

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. Find more info at https://billingsoftwareindia.in/.