Taxpayers are prepping themselves as due dates for filing GSTR-9 is approaching. Small Business owners are particularly looking for the best GST billing software to adapt to upcoming changes. Above all, the effects of goods and service tax on small businesses…
Why Use Online Invoicing Software Instead of Excel?
Most small businesses and freelancers initially incline towards excel or word to accomplish accounting functions. Although it is believed to be professional, the traditional methods are outdated. The updated GST bill format demands businesses to use Online Invoicing software instead of…
GOVT Launches GST E-Invoice to Curb Tax Evasion
Section 271(c) of Income Tax Act penalizes 100% to 300% on GST tax evasion. Recently tax evaders were found using fake invoices in their tax compliance. Thus, to bring an effective measure against tax evasion, India’s government has launched GST e-invoice…
8 Simple Ways to Improve Your Small Business in India
Building a successful small business in India begins with taking baby steps and dreaming big. Successful businesses are those that run-in profit. Which means everyone is eagerly looking for ways to improve business efficiency. Is increasing profits enough for small businesses…
Cloud-Based Accounting Software: Fighting COVID-19
As of 17th July 2020, nearly 13,616,593 people are infected by COVID-19, including 585,727 deaths. THE first COVID-19 case in Kerala was reported in late January. After that, the GDP rates in India has slashed due to the prolonged lockdown. The…
Online Quotation Creator – New Online Marketing Strategies
An online quotation creator is an excellent tool for businesses to upscale the chances of getting compensated. Have you ever wondered how you could use an online quotation maker to market the goods and services your business offer? Amidst the ongoing…
E-Invoicing GST Returns FAQs – Frequently Asked Questions
The e-invoicing was implemented by the GST Council on 1st January 2020 voluntarily. It was implemented to report B2B invoices. On the 37th GST Council Meeting held in Goa, the council approved the standardized e-invoicing format for all the taxpayers. 1….
Best Billing Software to File GSTR-3B: COVID-19
The COVID-19 pandemic has adversely affected the Indian Markets. Businesses are walking to halt on a microscopic level. Operating with minimum employees has made it tough to manage cash flow. Can hiring the best billing software help with tax compliance and…
Latest updates in GST Invoice Template – 2020
The government of India approved the Standard GST Invoice Template on its 37th GST Council Meeting. In January 2020, the e-invoicing was accepted by the GST Council. Like the new GST filing system, the electronic invoicing standard will be applied on…
Accounting Software for Small Businesses
Managing financial transactions is crucial for a business to succeed. Often, Small business owners are self-reliant and choose to manage everything themselves. Using accounting software in such a case is one great way to save some extra money. The software designs…
