GST roll-out has made rapid changes in terms of improving the GDP of our country and reducing the corruption. There were various sectors where the black money was exchanged in the form of cash, however after the GST implementation; it has reduced as the entire taxation regimen is conducted through online procedures from registration to e-filing, claiming returns to availing Input Tax Credit.
Although the process is entirely online and easy to use, people are still facing difficulties in handling the various processes involved in GST. That’s the reason; the Government has introduced various GST tools such as software, calculator, and GST return filing tool.
If you are one of them who are facing similar difficulties, get this software and tools to ease your GST complications and focus more on your core business objectives to attain a substantial growth in the competitive market. In this post, we list five benefits of using GST related tools. Take a look.
- Create Invoices Easily
One of the best things of the GST return filing tool is that they are capable of creating different types of invoices whether it is for the supplier or for the customer. Invoice generation is a bit tricky task as you have to fill the details each time whenever you generate an invoice.
However, this tool automatically saves your details and the customers or suppliers details so that the next time you generate an invoice, you do not require filling the full and detailed description again.
- Uses your Old Software Version
Unlike other GST software designed by various companies which require the downloading of the new software, Scalable GST Return filing tool does not require any new software to work. It uses the older version of the software in order to run perfectly. All you need to do is upgrade it by using an Internet connection. Therefore, it is not only easy to work with but also do not need a lot of changes as it easily gets integrated with the older version of accounting system you are using.
These GST software tools are user-friendly as you do not require any sort of professional training or hire an expert for the same. There is a step by step guide in the start when you download it in your system. All you need to do is follow that guide and start using it without even a second thought. You’ll get to know a lot about the GTS regime as it also informs you about the modifications and changes taking place in the GST regime.
- Inbuilt Validation Engine
Another best thing about these GST tools is that they have an inbuilt validation engine that helps you to make error-free invoices. As we all know that there are different formats of invoices and it is difficult for an individual to fill and check all the details entered by you. After using the GST tool, you need to enter your information once and you can use it every time whenever required as it gets automatically saved for your future purposes.
- Works Best with Microsoft Excel
These GST tools are specifically made to fulfill the GST requirements of the business owners, suppliers, and various big and small companies. Though they can be integrated into an older version of Windows, they work best with the Microsoft Excel 2010, 2013, and 2016. If you want to make the best use out of it, make sure you have these versions of Excel in your system.
Although the GST return filing tools are extremely helpful, you need to make sure that you choose the right software for your system that not only fulfills your GST requirements but also reduces the complication that has aroused due to GST implementation. This way, you’ll be able to better focus on your business objectives and will be able to achieve your targets in lesser time.