Free Accounting and Billing Software for Micro, Small and Medium Enterprises


Free Accounting and Billing Software for Micro, Small and Medium Enterprises
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Friday, June 7, 2019
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Dear all,

Your association is  sharing  herewith an article published on the website Goods and Service Tax i.e. www.gst.gov.in on dated 28.05.2019 regarding Free Accounting & Billing Software for Micro, Small and Medium Enterprises.

As per directions of GST Council, GSTN has partnered with some Billing and Accounting software vendors for providing free software to the Micro, Small and Medium Enterprises, with annual turnover under Rs 1.5 Cr, in a financial year. This facility is made available to the active Normal taxpayers, SEZ Developers/SEZ Units and taxpayers who have opted for composition scheme under the GST regime.

There are eight products to choose from. These are available as a cloud based version as well as a downloadable version that installs on desktop or laptop. This software allows a taxpayer to run his daily business by providing day to day billing and accounting features, alongwith facility for return filing for their GST related compliances.

Some of the free features being made available by all the vendors are Sale/ Purchase/ Cash ledger, Inventory management, Supplier/ Customer Masters, Generation of Invoices, Preparation of GST Returns etc.

The software would be available free of cost to eligible taxpayers till 31.03.2021 or till the taxpayer’s annual turnover remains under Rs 1.5 Cr in a financial year, after which the taxpayers may have to pay a fee to the vendor. TO READ THE FULL ARTICLE PLEASE CLICK HERE.

This is for your kind information.

Thanking you,
With regards,

For Silvassa Industries & Manufacturers Association

Narendra Trivedi,
Secretary


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