Tag: GST Billing Software

Running a small business in India today is not just about selling good products or offering great service. To grow, you also need accurate accounts, fast billing, and proper GST compliance. According to Statista, digital transactions in India increase by 30–35% during the festive season, with a major rise in credit card and UPI payments every year.  This is where modern billing software makes a big difference. It helps create invoices in seconds, keeps accounts updated, tracks stock, and ensures every bill is correct and hassle-free—so that no customer leaves unhappy. With the power of AI and cloud technology, small businesses also gain extra security, flexibility, and easy access from anywhere.  Marg ERP is India’s No.1 inventory and accounting software. More than 10 lakh businesses across India use Marg billing software to process over 20 billion invoices and 100 billion transactions every year.  If you are a small business owner looking for the best billing software in India, understanding the must-have features is essential. Below, we have listed the top 10 features every small business should consider while choosing GST billing software.  Book Demo Top 10 Features of Billing Software in India 2025  GST Compliance and Automated Tax Calculation  For Indian businesses, GST compliance is non-negotiable. A modern GST billing software should automatically calculate CGST, SGST, and IGST based on each transaction. This reduces manual errors and keeps your business compliant with government norms. Automated GST filing and ready-to-use return reports also save time for entrepreneurs.  New GST Reforms (Proposed) in 2025  On 15th August 2025, the Government of India announced three key focus areas for the next phase of GST reforms—structural changes, rate rationalisation, and ease of doing business. Under the new GST 2.0, tax rates will be simplified into just two main slabs—5% and 18%—by removing the 12% and 28% categories.  A higher 40% GST may be applied to sin goods like tobacco and alcohol. Businesses will also benefit from easier compliance with pre-filled GST returns, faster refunds, and smoother MSME registrations.  Why it matters: Staying GST-compliant avoids penalties and builds customer trust.  Easy and Fast Invoicing  Small and growing businesses need quick billing to serve customers efficiently. The best billing software in India provides customizable invoice templates, barcode scanning, and shortcuts to generate bills in seconds. Recurring invoices for regular customers make the process even more convenient.  Why it matters: Fast invoicing reduces queues, improves customer satisfaction, and boosts efficiency.  Inventory and Stock Management  Billing is not only about creating invoices—it is also about knowing what’s in stock. A robust billing software should include inventory management features like stock alerts, product categorization, batch tracking, and expiry management. This ensures you avoid overstocking or sudden shortages.  Why it matters: Effective stock control ensures smooth operations and reduces wastage/  Multi-Payment Options  Today’s customers expect flexible payment methods. Whether it’s UPI, credit/debit cards, wallets, or net banking, your billing software should support multiple payment modes. Some advanced solutions even connect directly with payment gateways.  Why it matters: Multiple payment options improve customer convenience and speed up transactions. Marg Billing Software supports multiple payment methods for a smoother customer experience.  Cloud Backup and Remote Access  Modern businesses cannot afford data loss. That’s why cloud-based billing software is essential. With secure cloud backup, business owners can access invoices, stock records, and reports anytime, anywhere - even while traveling.  Why it matters: Remote access gives business owners 24/7 control and peace of mind.  Detailed Reporting and Analytics  Smart decisions come from accurate data. The best billing software in India provides real-time reports on sales, purchases, inventory, and expenses. Visual dashboards and analytics highlight trends and help business owners make better plans.  Why it matters: Reliable reports empower businesses to make data-driven decisions and grow profitably.  Customer and Supplier Management  Maintaining strong relationships with customers and suppliers is critical. Good billing software stores customer details, purchase history, outstanding balances, and credit limits. It also keeps supplier records for tracking purchase orders and payments.  Why it matters: Organised customer and supplier data simplifies follow-ups, improves loyalty, and streamlines business processes.  User-Friendly Interface and Multi-User Access  Small businesses often have staff with different levels of technical skill. A user-friendly billing software with simple navigation is important. Multi-user access allows owners, accountants, and staff to use the same system with proper roles and permissions.  Why it matters: Easy-to-use software saves training time and improves productivity.  Data Security and Role-Based Permissions  Business data is sensitive and must be protected. Modern GST billing software offers encryption, secure logins, and role-based access. Business owners can control who has access to sales, accounts, or stock details.  Why it matters: Data security prevents fraud, misuse, and financial risks.  Integration with ERP System  Small businesses grow quickly, and scalability is important. The best billing software in India integrates smoothly with accounting tools, e-commerce platforms, and ERP systems. This reduces manual work, avoids duplication, and supports long-term business growth.  Why it matters: Integration makes your business future-ready and reduces operational challenges.  Marg ERP: The Most Trusted Billing Software of Small and Growing...

Paid vs free billing software - that's a crucial decision to make, and here we are going to decipher what free and paid billing software means for your business. We will explore pros & cons and a comparative analysis to help you arrive at an informed decision.   We also recommend Marg ERP as a comprehensive invoicing and accounting solution for small and growing businesses.   Let’s begin the discussion with a reference to our best ERP - Marg Billing Software.   What does Free Billing Software offer?   Zero subscription cost, ideal for freelancers, startups, and small shops.   Supports GST-compliant invoices, basic templating, payment reminders, and minimal integration.   Often limited in the number of clients/invoices per month.   Missing advanced features like multibranch support, inventory tracking, or automated analytics.   Good for occasional invoicing or when your business volume is low. Some Billing software lets you send unlimited invoices, but only limited automation.   What Paid Billing Software Offers?   Paid plans unlock unlimited invoices, automated billing, recurring billing, payment gateway integration, and advanced GST & e-invoicing integration.   Invoicing and Accounting software like Marg ERP, Odoo, Busy Accounting, Zoho Books, FreshBooks, and QuickBooks support full accounting modules, robust analytics, multi-currency, and scalable features for growing businesses.   Paid plans include automated workflows, bank feeds, expense tracking, multi-user access, and inventory sync.   Better support and training; ideal as the business grows beyond solo or tiny teams.   Paid billing software in India, like Marg ERP, offers affordable and flexible plans. For example, Subscription plans at Marg ERP are Marg ERP Nano, Basic Edition, Silver Edition, and Gold Edition. Visit Marg, explore features and facilities in each plan and choose one according to your specific business requirements.   Book Demo Free vs Paid Billing Software in India (2025)  Feature Free Billing Software Paid Billing Software Cost 0 Depends on Your Plan GST-Compliance Basic Advanced with Complex Reports and Filing Invoice & Client Limits Often Capped Unlimited Recurring/Invoice Automation Manual or Limited Yes, with reminders and workflows Payment Integration Basic or None Advanced & Multi Platform Integrations Inventory Tracking Limited Full Access (multi-location & full-stock control) Reporting & Analytics Limited Advanced dashboard, P&L, and other reports Multi User/Multi Branch Often No Seamless Access Across Locations Support & Onboarding Minimal Advanced end-to-end Scalability Low Full Support  Benefits vs Limitations: Free and Paid Billing Software India   When Free Billing and Accounting Software is Good   You have just started or have a low volume of invoices.   You need simple billing and GST-compliant invoicing at zero cost.   You prefer limited mobile/web access without advanced features.   You are okay with manual workflows, a small client base, or limited reporting.   When Paid Billing and Invoicing Software is Better   You need unlimited invoices, multi-client workflows, and recurring billing.   You want integration with payment gateways like UPI, cards, and international modes.   You need inventory integration and multibranch support.   You want analytics, dashboards, bank sync, or einvoicing features.   Your business has or expects high revenue, multiple users, or advanced GST needs.   You want reliable customer support and scalability.   How to decide between free and paid billing software for your business?   Start with free plans and check whether they meet your basic billing and invoicing needs.   Observe the limits and restrictions—free plans often limit client or invoice volume.   Upgrade to paid when you need an advanced and comprehensive billing software with full access.   Organisations using free versions of accounting software should consider upgrading to the paid version when their business:   Exceed free limits, need recurring invoices,   Require payment automation (UPI, card)   Manage inventory or multibranch operations.   Want better reporting or multiple users.   Look for Indian GST features—make sure einvoice, GSTR automation, and IRP integration are supported.   Consider payment gateway integration, especially for local options like Cashfree or Razorpay.   Evaluate support and onboarding, essential as your team grows.   Final Verdict: What’s Best Paid vs Free Billing Software India   Free billing software in India is perfect for micro businesses, solo entrepreneurs, and small retail shops who are comfortable with limited access, restricted automation, and low volume of invoicing and billing.   Paid billing software is worth investing in once you cross volume limits, need automation, inventory control, multi-user access, and professional business workflows.   Top invoicing and accounting software in India are Marg ERP, Zoho, Vyapar, Tally, Odoo, Busy Accounting, and more. They have paid, free, demo, and trial period options. Explore and decide on a suitable ERP software that meets your specific business needs.    Conclusion   An efficient billing software is the backbone of your business. Strengthen your financial backbone with an all-inclusive billing and accounting software like Marg ERP. Free tools might seem tempting, but they come with a lot of restrictions and limited access.   Think of paid software as a strategic investment for your business growth, and make the right decision based on shared information. Affordable plans of Marg Billing Software automate workflows, track inventory and payments, and support your sustainable expansion. Select an invoicing software based on current needs, expected growth, and required features—and consider switching or upgrading as your business crosses critical thresholds. 

Are you still using paper and pen to manage stocks and make invoices? If yes, it's time to change and embrace advanced ERP solutions for automation, cloud backup, security, and improved overall productivity.   Here are some highlights from the McKinsey & Co. report to substantiate why your business needs advanced billing and inventory software.   20% improved inventory management with predictive analytics   15% better supply chain efficiency   Automated billing saves time & reduces errors   80% drop in transport inventory backlogs   40% boost in overall productivity   Therefore, modern inventory and billing software like Marg ERP is crucial to accelerate your business growth and infuse efficiency through automation. Let us explore the importance of invoicing and accounting software for small and growing businesses.   Book Demo What is the significance of modern billing and inventory software for SMEs in India?   Automate Invoicing & Billing for Precision and Speed   Modern billing software like Marg ERP automates the entire invoice cycle—from templated invoice generation and automatic payment reminders to reconciliation with your accounts. Automation reduces manual entry. In 2024, only about 60 % of invoices were manually entered into ERP/accounting systems, down from 85 % in 2023—showing a growing shift to automation.   This faster, accurate billing process improves customer experience, shortens payment cycles and lowers the risk of duplicate or incorrect invoices.   Strengthen Cash Flow and Financial Management   Advanced billing software features like payment tracking, integration with gateways, connected banking, and automated reminders speed up collections and improve cash flow. Optimised cash flow ensures better financial management. Marg ERP’s connected banking and automated notifications eliminate tying up cash in unsold stock and keep you agile.   Real-Time Inventory Visibility and Control   Inventory is often one of the largest costs for small retailers—accounting for up to 17–25 % of budgets, per recent data. Inventory software tracks stock in real time, so you avoid stock‑outs or overstock situations.   Perpetual inventory systems tie point‑of‑sale and procurement together, updating stock continuously. This reduces manual counts and improves accuracy. With such visibility, you can optimise reorder points, reduce holding costs, and fulfil customer orders more reliably.   Better Decision Making Through Data & Analytics   Moving beyond spreadsheets matters. Software today offers dashboards that show sales trends, fast‑ and slow‑moving items, turnover rates, and reorder alerts. This empowers you to make data‑driven decisions on pricing, promotions or supplier negotiations. Turning data into strategy is no longer optional—it’s expected.   Scalability & Cloud-Based Flexibility   As small businesses grow, manual billing and stock records quickly become unmanageable. Cloud‑based billing and inventory platforms scale effortlessly—you can add users, transaction volume, and even new locations without upgrading hardware.   Mobile access means owners or field sales staff can invoice on the go and see stock available on their phone or tablet—essential in today's remote and hybrid work environment.   Integration Into a Unified Business Ecosystem   Leading platforms, such as Marg Compusoft’s billing software offerings, integrate billing, inventory, point‑of‑sale, and accounting in one system. That integration eliminates silos—sales automatically update stock, invoices flow into finance, and reports consolidate across modules.   Marg ERP’s retail billing software supports GST compliance, multi‑store setups and real‑time inventory tracking, making it a practical choice for Indian small retailers and franchises.   With cloud ERP or billing‑inventory software, you avoid duplicated data entry, mismatched records, and reconciliations. Seamless flow supports efficiency and reduces cost.   Enhanced Accuracy & Regulatory Compliance   Billing and stock entry by hand often leads to human errors—mis‑pricing, tax miscalculations, incorrect stock counts. Software enforces uniform invoice formats, accurate tax calculation, stock level validation, and cost accounting. That fosters trust in your data and helps ensure compliance with tax authorities and audits.   Customer Experience & Brand Professionalism   Professional invoices and fast order fulfilment build customer confidence. Customizable invoice templates—with your logo and branding—make your business look polished. Inventory accuracy prevents sell‑outs, backorders, and mis‑shipments. As Townsquare points out, this improves repeat business and positive reviews.   Future Trends: AI, Analytics & Automation   Looking ahead, automation continues to accelerate. Finance automation tools are expected to grow globally at over 14 % annually from 2024 to 2032. AI will automate approval workflows, detect errors or fraud and drive predictive forecasts. Businesses are already adopting agentic AI for invoice processing and payment follow‑ups—these trends are set to deepen further.   Globally, the billing & invoicing software market was around USD 4.5 billion in 2023, projected to surpass USD 10 billion by 2032—with Asia Pacific growing fastest at a 12+ % CAGR. This shows rising trust and reliance on digital tools among small and mid‑sized businesses worldwide.   Cost-Effectiveness & Return on Investment   Billing‑inventory software often offers tiered or subscription pricing, making it affordable for small businesses. Many offers free trials or starter plans before upgrading. Compared to the cost of errors, stock waste, slow payments and manual time loss, ROI is fast—often within months.  Visit Marg ERP to explore its free trial, demo, and affordable packages, suitable for all budgets.  What are the benefits of Marg Billing Software for small and growing businesses?   Marg ERP, no. 1 inventory and accounting software in India, is tailored for small and growing businesses. It serves over 10 lakh businesses with more...

Manual and human labour-intensive traditional business practices consume a lot of time and are often prone to errors. Automation and AI have transformed the fabric of how businesses used to operate. This brave new world offers tools that nourish your day-to-day business practices, making them efficient and productive.   Billing software is much more than just generating bills. It enhances cash flow, optimises sales & revenue, minimises errors, and boosts overall productivity. Are you wondering how optimised day-to-day business practices can enhance your overall productivity?   We will explore the same in the following sections.   How do businesses Improve Their Day-to-Day Operations with Billing Software India?   Automation & AI: Speeding Up Billing with Precision   Modern billing platforms automate invoice creation, reminders, payment posting, subscription management, and even revenue recognition. By 2025, more than 60% of finance professionals expect full accounts payable invoice automation, with AI cutting human errors by up to 40%.    SaaS billing systems now incorporate AI for predictive invoicing, anomaly detection, and intelligent dispute resolution—significantly reducing manual workload and preventing revenue leakage.   Usage-Based (Consumption) Billing: Align Value with Cost   Usage‑based billing is booming. The global market was estimated at USD 6.40 billion in 2024 and is expected to reach USD 6.86 billion in 2025 (CAGR 7.5%). Around 67% of SaaS firms now employ consumption-based pricing, up from 52% in 2022.   This model charges customers based on actual consumption (API calls, data storage, minutes used, etc.), offering tiered, per‑unit, or hybrid pricing. Businesses benefit from flexible, transparent pricing, higher customer satisfaction, better scaling, and more accurate forecasting.   Real-Time Data & Analytics: Make Decisions Fast   Billing software now delivers live dashboards and analytics on sales, outstanding invoices, DSO (Days Sales Outstanding), churn risk, and usage patterns. Small business billing platforms highlight real-time analytics as a must-have feature for informed financial decisions.    For SaaS businesses, real‑time metrics reshape forecasting by connecting revenue trends directly to usage behaviour.   Integration and Seamless Workflows   Today’s billing tools integrate tightly with CRMs, ERP and accounting systems, payment gateways, and customer portals. This seamless connectivity eliminates manual entry, ensures data consistency, and removes friction across customer life cycle touchpoints.   Blockchain and Temper-Proof Invoicing   Emerging research explores blockchain‑based billing systems that ensure transparency, traceability, and fraud prevention, particularly in markets susceptible to tax evasion. Although still experimental, blockchain billing promises a tamper‑proof record of each exchange—beneficial for audit, tax reporting, and regulatory compliance.   RPA & Structured Data Extraction   Robotic Process Automation (RPA) is being deployed to scan invoices, payment advices, purchase orders, and extract structured data with near-zero error rates and much greater speed than manual processing. This automation streamlines accounts payable and receivable workflows, boosting reliability and lowering labour costs.   Industry Innovation & New Pricing Models   Traditional consultants are re‑thinking billing models like token‑based subscriptions to AI‑powered services, replacing time‑based billing with usage-driven fees—much like software‑as‑a‑service does. Expect more industries to adopt similar models as generative AI proliferates.  Compliance & E-Invoicing Mandates   Globally, governments are mandating structured e‑invoicing for B2B transactions. The EU began enforcing mandatory e‑invoicing in July 2024; Poland’s national e‑invoicing platform (KSeF) launched in mid‑2024; other countries like Malaysia and the UAE are also rolling out mandates.   Automated billing software that complies with these standards ensures legal compliance, faster tax filing, and reduced audit risk. It is becoming a reality in India also.   Book Demo Why Marg ERP is the best billing software for your day-to-day business functions?   Marg ERP is a 32-year experienced software company with 850+ sales and support centres across India. Over 50% pharma and FMCG billing happens over Marg Billing Software. It serves over 10 lakh businesses of all sizes.   Here are its core features that make it ideal for your daily business operations.   GST Compliant  Marg ERP helps you create GST invoices easily. You can upload them in Excel, JSON, or CSV formats. File GSTR-1, 2, 3B, 4, and 9 directly from the software. E-invoicing and return filing is fast, simple, and error-free.  Faster PoS Billing  With Marg’s smart PoS system, billing becomes 50% faster. You can bill with a touchscreen, reduce errors, and quickly access customer or product details — all in one tap.  Safe Cash Handling  Connect a cash drawer to handle payments securely. Track cash flow, monitor each transaction, and manage user access — all in real time.  Quick Barcode Scanning  Scan product barcodes instantly to speed up billing. It also helps with better stock tracking and accuracy — saving time every day.  Custom Invoice Templates  Add your logo, business name, and colours to your invoices. Branded bills look professional and leave a strong impression on customers.  Connected Banking  Make NEFT, RTGS, and other payments right from the Marg invoicing and accounting software. Marg ERP connects with 140+ banks for auto bank reconciliation and offers integrated banking services with J&K Bank, ICICI Bank, Axis Bank and SBI.  Smart Discounts & Offers  Run discount schemes, combo deals, and loyalty offers. Use live data to plan offers that increase repeat sales and customer loyalty.  Inventory Control  Track stock in and out, monitor expiry dates, and spot dead stock. You can also set reorder alerts...

In an era of automation and cloud-based solutions, your business must have advanced billing software for smarter, faster, and more productive business growth. However, it is overwhelming to choose the right billing software in India among dozens of options available. So, how to choose the best ERP for billing and accounting needs?   You should start by browsing essential features that your invoicing software must possess. We will explore the best features of a billing software that you should check, and why Marg ERP is the best invoicing and accounting software in India for small and growing businesses.   Let’s begin.   What are the most important features of the right billing software in India?   Government push for digital transformation, e-invoicing, GST compliance, real-time tax filing, and rising integration of emerging technologies have necessitated the use of a billing software for comprehensive growth in your business performance.    Marg ERP offers demo options for its software. Small and growing businesses can request a free demo to explore the functionalities and features of Marg Billing Software, including GST billing, accounting & invoicing solutions, and inventory management. You can download the software for a free trial or access a demo online.   We will explore how you can access the free trial or demo in the latter half. First, let’s explore essential features to consider when choosing the right billing software for your business.   Book Demo GST Compliance with Auto-Filing   With the latest GST norms and real-time data validation by the GSTN, billing software must offer:   Auto-generated GST invoices   Direct GSTR-1, 3B, 9 filing integration   E-invoicing with QR code and IRN generation   E-way bill generation linked to transport and inventory records   This eliminates manual errors, saves time, and ensures you’re always audit-ready.   Inventory and Stock Management   Small businesses often struggle with tracking stock movement. Modern billing software in 2025 comes with:   Real-time inventory tracking   Batch-wise, lot-wise, and expiry-wise management (especially for pharma, FMCG, and electronics)   Low-stock alerts and auto-reorder suggestions   Barcode scanner integration   This ensures zero wastage, no stockouts, and timely fulfilment.   Multi-Device & Mobile Accessibility   With the rise of remote work and on-the-go business operations, having a mobile billing app is crucial. Today’s billing solutions support:   Cloud sync across devices   Mobile-based billing and reporting   WhatsApp invoice sharing and payment reminders   Role-based user access with data security   This empowers business owners and sales staff to manage operations anytime, anywhere.   Customisable Invoice Templates   Professional billing is about brand impression. Good software allows:   Fully customisable invoice formats with logo, signature, and terms   Support for regional languages   Multi-currency billing (especially useful for export businesses)   This adds credibility and professionalism to your business dealings.   Integrated Payment & UPI Links   Indian customers today prefer digital payments. Modern software embeds:   Direct UPI, QR code, and payment link integration   Payment reconciliation dashboard   Auto-reminders for pending payments via SMS/WhatsApp   It reduces follow-up efforts and improves cash flow.   Customer & Vendor Management   An efficient billing solution in 2025 offers:   Detailed customer and vendor master data   Purchase and sales history tracking   CRM-lite features for managing dues and loyalty   This helps build long-term relationships and better business insights.   Data Backup & Cloud Security   Data is the new currency. The latest software provides:   Daily cloud backups   Encrypted data storage and access logs   Multi-level admin control for sensitive data   This keeps your business safe from loss or cyber threats.   Reports, Analytics & Business Dashboard   To grow, you need to measure. Billing software should offer:   GST-ready reports (Input/Output, HSN summary, etc.)   Profit & Loss, stock ageing, and sales trend analysis   Custom dashboards for real-time business overview   It transforms data into smart decisions.   Why is Marg ERP the best invoicing and billing software in India?   With 32 years of trusted experience and 850+ sales and support centres across India, Marg ERP is the leading choice for billing and business management. Over 10 lakh businesses rely on it every day, and more than 50% of India’s pharma and FMCG billing happens on Marg.   Here's why Marg ERP is the best all-in-one billing software for small and growing businesses in India:   GST-Compliant & E-Invoicing Ready   Marg simplifies GST billing like no other. Create GST invoices in just a few clicks and upload them in Excel, JSON, or CSV formats. File GSTR-1, GSTR-3B, GSTR-4, and GSTR-9 directly from the software. E-invoicing is fully automated—no need for extra tools.   Fast PoS Billing with Cash Drawer Support   Use Marg’s smart touchscreen PoS to speed up billing by up to 50%. Connect a cash drawer to manage payments safely. Every transaction is recorded and easy to track.   Barcode Scanning & Stock Management   Scan barcodes instantly to speed up billing and improve stock accuracy. Track stock levels, expiry dates, returns, and reorder points with ease.   Invoice Personalisation   Create professional, branded invoices by adding your logo, brand colours, and business details. Impress customers while building brand identity.   Connected Banking & Auto Reconciliation   Make NEFT, RTGS, and other payments from within Marg ERP. The Marg billing software provides connected banking service with SBI, Axis, ICICI, and J&K Bank and auto bank reconciliation with 140+ banks. It is automatic, saves time, and avoids errors.   Offers, Discounts & Loyalty Programmes   Create combo offers, discounts, and loyalty schemes with real-time sales data. Run targeted promotions to increase repeat purchases.   Reminders & Notifications   Set automatic payment reminders. Marg Billing...

With the ever-changing dynamics of the business environment today, maintaining proper records and filing taxes prove quite a difficult task for small and large-scale enterprises alike. While the system itself has become relatively smoother to operate in through the establishment of the Goods and Services Tax, which was introduced in India, it brought with it-of course-procedures necessary to handle. Businesses need strong tools for seamless compliance and that's where Marg GST Software comes in. This software simplifies tax filing for businesses, giving users an easy, efficient way of managing their GST obligations. Key Challenges of Tax Filing Before diving into how Marg GST Software can simplify tax filing, it’s important to understand the common challenges businesses face during this process: Manual Errors: Manually filing GST returns increases the risk of errors in data entry, which can lead to penalties or discrepancies in filings. Time-Consuming: GST filing is time-consuming, especially for businesses dealing with a high volume of transactions, invoices, and vendors. Frequent Updates: The GST system is regularly updated with new rules and rates, and staying compliant can be difficult without up-to-date tools. Complex Calculations: Businesses need to calculate GST on sales and purchases accurately, taking into account input tax credits, which can be challenging without automation. Lack of Integration: When your accounting system and GST compliance software are separate, transferring data can become an inefficient process, leading to further errors and delays. Fortunately, Marg GST Software addresses all of these challenges effectively. How Marg GST Software Simplifies Tax Filing Marg GST Software offers a suite of tools that directly mitigate the common pain points associated with tax filing. Here’s how the software makes the process easier for businesses: Automated GST Calculations Perhaps one of the major advantages of using Marg GST Software is that it automatically does GST calculation. The software tracks and records every single transaction of a business. This includes updating every invoice with the correct GST rate depending on what kind of product or service is involved. The software will instead calculate GST for all transactions instead of you having to do the same thing manually. The software will thus help ensure you generate all correct invoices for local clients and proper bills for exports, including the correct generation of the GST component and subsequent recording thereof, reducing the probability of human error. Seamless GST Return Filing Filing GST returns is one of the important compliance aspects. Marg GST Software now has features integrated with the GST portal; therefore, you can file your GST returns directly from the software. Hence, it saves re-exporting a load of data on some other platform that also involves a lot of errors. The software generates all types of GST returns, including: GSTR-1: For reporting outward supplies. GSTR-3B: For monthly self-assessed GST. GSTR-4: For composition scheme filers. GSTR-9: For annual returns. This makes the filing process simple so you always ensure that you file returns both in time and accurately, every time. You get a notification every time an inconsistency or missing information is discovered. This will keep you compliant without making it possible for even a single case of penalties. Real-Time Data Updates and Validation Rules and regulations regarding GST need to be updated regularly for proper compliance. Regular updates are made in Marg GST Software according to the latest changes in GST law to ensure that your tax filing is always in accordance with the most updated requirements. Also, it checks all the data it collects before accepting the submission. This includes checking the formats of invoices with HSN codes and checking whether it is appropriately claiming input tax credits. The feature helps to avoid errors while filing and thereby minimizes the scope for non-compliance concerning the returns filed. Import Data from Multiple Sources If you have a multi-branch business or are using some other accounting tool, then integrating the data into one place is quite a pain. Marg GST Software enables you to import data from Excel, Tally, or any other ERP system, thereby bringing all the data together in one platform, and you are ready for GST filing. Margin GST software consolidates all the accounting information at one place and helps a person save on time as well as avoid loss of data as no details are missed. Reconciliation of GST Data Another crucial task is the reconciliation of data between your books and the GST portal. Marg GST Software provides a reconciliation comparative report that checks purchase and sales data with the data available for reflection in the GST portal. It has identified mismatches and given you time to correct any deficiencies before filing the return. By doing a full reconciliation of data, Marg GST Software minimizes the probability of being penalized or notified by tax authorities due to mismatched information. Managing Input Tax Credit (ITC) One of the complex features of the GST system is managing ITC. ITC allows businesses to claim credit for the GST they have paid on purchases or expenses. Tracking eligible ITC...

In today's world, businesses need to keep pace, and it takes tools to keep up, such as auto billing software. Sounds fancy, but in essence, it is a way for companies to simplify the invoicing process. If ever adults complain about how long it takes to send out bills, this solution is all they need. Auto-billing software does all the hard work for you - ensuring everything just gets right, on time, and hassle-free.  What Is Auto Billing Software?  Just imagine that you would need to write down all the bills manually and send alerts to your customers. That would take a while, right? Now, think of a robot that would read your mind, know what you did, and automatically send to your parents that list. That is precisely what auto billing software does for businesses: it automates the sending of bills to customers based on the purchases or services that they have availed themselves of. They no longer need to track the number of every single transaction. This software makes all the calculations and sends precise invoices without the company making even the slightest effort. It is magic-but actually, it is working.  Why Auto Billing Software?  There are a multitude of reasons why businesses love auto billing software. To begin with, it saves time. Time is money, and the more time a business wastes on manual activities, producing invoices, for instance, the less time spent on higher value items in a business such as serving customers or branding. Here are a few more reasons:   Error-free: Humans make mistakes. When someone is entering thousands of numbers manually, he or she might record the wrong charge on an invoice. But automated billing software? It'll get it all right, of course, it will because it's a computer program. No more oops moments where some get charged incorrectly.  Saves Money: So much less paperwork means that businesses don't have to employ as many people just to get out invoices. The software will handle these, and this saves the business cash.  Sends Invoices in Time: Have you ever failed to do your homework? Well, it's easy to forget those little things sometimes. You can forget to send invoices as well. Not so with auto billing software, though. It doesn't forget to send bills, and clients will always get them on time.  Easier for Customers: Automation in invoices means the receipt of bills by the customers is instantaneous. They can pay on time, and therefore, businesses receive their payments instantly as well. No more late payments.  How Does an Auto Bill Generation Software Work?  By now, you have probably been asking yourself: how does this tool work? Let's take a close look at the details but in a really simple way.  Customer Information: An auto billing software keeps in it all the customer information including names, addresses, and payment history. Therefore, as the moment comes when an invoice has to be sent, the software already knows which customers are meant to receive the invoice and what the bill is supposed to contain.  Transaction Monitoring: The software works like a super detective monitoring every sale or service. At the time when a customer makes a purchase, it keeps a record of that.  Invoicing: It is only after this record has been made that the software generates the invoice automatically. All the relevant details in the name of the product or service, price, tax, and due date are added by it.  Send the Invoice: Once created, auto bill generation software sends it out – whether by email, SMS or through postal mail if need be. No-one needs to click the send button.  Reminders: Whenever a customer forgets to pay, well, the auto billing software will send reminders not making a business run around asking people to pay.  Payment Processing: Even some of the best auto billing tools have an integration that lets customers directly pay on the invoice with just one click, so it's super easy.  Why Does Automation Matter in Billing?  The simple answer is it just makes businesses run smoother. So, if a business has 500 customers, and every invoice takes five minutes to create, that's a tremendous amount of time spent just churning out bills. With automation, it happens automatically in the background while the team is busy on other things.  Finally, automation implies that there are fewer errors. Remember, the best of human beings can err, but the best of software adheres to rules and checks everything before it goes out. In fact, errors in billing can cost businesses a lot of money and even upset customers.  Benefits of Auto Billing Software   The requirement for auto billing software in businesses is quite visible at this point, but let's make it absolutely crystal clear. Here are some benefits:  Time-Saving: It's fast. What may take hours to do manually takes minutes or sometimes even seconds.  Error-Free Invoices: No one likes math errors, and the good news is that auto...

One of India’s greatest tax reforms implemented on the 1st of July, 2017, the Goods and Service Tax, is a comprehensive tax levied on the supply of goods and services. The GST model in India entails the enactment of two components of taxation, Central Goods and service tax and State goods & service tax. It worked to replace all the indirect taxes such as central excise duty, single VAT, central state tax, and purchase tax. The implementation of GST has turned out to be of great benefit to business owners in India. Different types of Goods and Service Taxes The goods and service tax have been classified into 3 broad categories, namely, CGST, SGST, and IGST. CGST or Central Goods and Service Tax is the tax that is levied by the central government on the intra-state supply of goods and services within one single state in the country. SGST or State Goods and Services Tax is levied by the state government on the intra-state supply of goods and services within one single state in the country.  IGST Integrated goods and service tax is levied by the central government on the interstate supply of goods and services between two different states in India.  The CGST and the SGST are collected by the governing body of the state where the supply takes place and the IGST is distributed to the destination state after the central government collects it. What Is a GST Return? Who Should File, Due Date, and Types? GST-registered businesses are mandated to file monthly, quarterly, and annual returns of their business, based on the government-regulated slabs as per their businesses. A GST return is a document compilation of all tax-related credentials like details of income sales expenses purchases etc. That is used by tax authorities to calculate the net tax liability. The details in the GSTR document include:- Details of sales and purchase.Output GST on SalesInput tax credit or GST paid on sales. https://youtu.be/T0LsCe3oYOg?si=X6JeYg04JtpSCwoX Under the goods and service tax regime, 13 types of return in GST document a taxpayer's financial transactions and tax liabilities. They are, GSTR-1GSTR-1 is filed against all the goods and services provided by a company. Every registered firm is mandated to file this form. It is to be paid monthly by the 11th of every month. For firms registered under the QRMP scheme, it is to be paid quarterly by the 13th of the following quarter. GSTR-3BThis is a form of monthly self-declaration. It shows a comprehensive detail of All outward supplies made Input tax credit claimed tax liability taxes paid. GSTR-3 is to be paid monthly by the 20th of every month and for businesses registered under the QRMP scheme, it is to be paid quarterly, by the 22nd or 24th of the month of the following quarter. GSTR-4 GSTR-4 is an annual return form that is required to be filled by taxpayers who are registered under the composition scheme, that is. It demands to be filled annually by 30th April following the relevant financial year. It can be replaced by GSTR-9A. It is paid annually by the 30th of the month following a financial year. GSTR-5 GSTR-5 is to be filed by the registered non-resident Indians, during the period they are carrying out their businesses in India. They contain the details of outward supplies made inward supplies received credit-debit notes tax liability taxes paid. GSTR-5A GSTR-5A entails the tax payable by OIDAR, which stands for, Online Information and Database Access or Retrieval Services Provider. Both GSTR-5 and GSTR-5A are to be paid monthly by the 20th of every month. GSTR-6 GSTR-6 is to be filed by the Input Service Distributor (ISD). It is payable monthly. It comprises the input tax credit distributed by ISD and all the details of all the documents related to the input tax credit. It is paid monthly by the 13th of every month. GSTR-7 This return is filed by the people who are required to deduct Tax deducted at source (TDS) under GST. It comprises the details of TDS deducted, TDS liability payable and paid, and TDS refund if applicable. It is paid monthly by the 10th of next month. GSTR-8 This form is required to be filled by the e-commerce operators who are registered under the GST regime. Tax collected at source (TCS) is a statement of. It is paid monthly by the 10th of next month. GSTR-9 GSTR 9 contains details of outward supplies made, Details of outward supplies made, inward supplies received, a summary of supplies received under the HSN code, and details of tax payable and paid. It is paid annually on the 31st of December of the next financial year. GSTR10 The final return or GSTR 10 is to be filled by those whose registration has been cancelled due to some reason. It is required to be filled within three months of the cancellation order and the date of cancellation, depending upon what comes first. GSTR-11 Foreign embassies and diplomatic missions who...

Marg ERP is an Inventory and Accounting solution software that has been serving the industry since 1992 and possesses 850+ support centres with advanced features that contribute to managing and overcoming business problems. This software is specially produced to help small-scale businesses and provide them with equal opportunities to ease their success journey. The software also helps all businesses to improve their billing, inventory, and accounting performance. Unlike the manual method, Marg ERP automates all business operations, helping them save time and prepare accurate reports. Additionally, this allows entrepreneurs to record, evaluate, and interpret financial transactions, helping them to simplify complex banking and accounting processes and providing enough time to focus on other business operations.   In addition, users can upload data online and directly store it in Google Drive or OneDrive. They can access the data from anywhere and restore the backup as per their needs. It doesn’t end here, Marg ERP is beyond this.  https://youtu.be/oRpi2fy3REk?si=A6UqetIJLtKR1k1P What is an ERP System? An ERP solution is a comprehensive software that entails several business functions into a unified platform. Plus, it allows companies to control and automate key procedures. ERP software provides savvy services to make informed decisions and drive operations efficiency with consolidated data and real-time data visibility. Some of the ERP software examples other than Marg ERP, are Zoho ERP software, Tally, and more. In this article, we’ll discover how Marg ERP simplifies your business operations effortlessly. Maximise Efficiency Using Marg ERP, you can significantly mitigate the requirement to enter data manually with the cloud ERP software. This ERP solution efficiently manages data by making the data entry process manual-free, eliminating errors and repetitive processes. This allows you to free your workforce from daily activities and use them more efficiently. Thus, MARG ERP software for the manufacturing industry maximizes the overall operational efficiency of a business. Save Cost & Time The system lets you know near-expiry items months or a few days before the due date, that you can either sell fastly or return to the supplier before expiry, avoiding losses on expiry wastage. Additionally, you can create customized invoices with the company name, logo, and identity in the local language that you can send on WhatsApp to your customers which saves you costs on printing. Also, the software itself is very affordable. Financial Management Marg, the best ERP software in India possesses smart financial management features, such as accounting, financial reporting, billing, GST filing, POS, and more. The software automates financial processes, enhancing financial control, transparency in cash flow, and making informed financial decisions. Using this software, you also can create 100% Free e-invoices and upload them directly into the portal. It also helps you easily file GST bills and returns and make accurate GST reports by running an internal GST audit inside Marg. Centralized Data Management Marg ERP solution facilitates centralized data management and eliminates the requirement of multiple single-use systems and manual entry of data. When data is stored in a unified database, companies can ascertain data integral and access updated and accurate insights across the company. Supply Chain Management Marg ERP systems integrate supply chain management functionalities, enabling companies to optimize their procurement, inventory, and logistics procedures. This ensures efficient supply chain operations, minimizes costs, decreases stockouts, and improves customer service.  Live Insights and Reporting This ERP software for the manufacturing industry provides live visibility to all business operations via smart reporting features. Business owners can access accurate and upgraded data on several business aspects, like finances, inventory, billing, sales, and accounting bookkeeping. You can have live updates regarding expiry and reordering, and all billing transactions. This enables them to make data-driven decisions and faster management. Automate Repetitive Tasks Marg ERP system automates repetitive tasks, including re-order, inventory management - expiry, shortage, & excess, and auto-reminders on WhatsApp. Automation within the system eliminates manual efforts, reduces error possibilities, and speeds up the pace of processes, leading to improved productivity and saving cost and time that you can utilize to create something more creative and productive. Scalability & Flexibility Marg ERP system is designed in a way to scale with increasing business requirements. As your organization expands, this ERP system provides you with additional users, locations, features, and functions that ensure effortless processing and remove the extra cost of replacing the system. Regulatory Compliance All industries necessitate compliance with regulations and standards for small as well as large-size businesses. Marg ERP inventory and accounting software comes with built-in features that help enterprises comply with legal and industry-related requirements which mitigates the risk of potential and non-compliance penalties  Strengthen Customer Relations The best ERP software in India comes with features that help businesses strengthen their bond with customers. Marg ERP allows its users to create Loyalty Points and several other offers, schemes, discounts, and vouchers for customers that help retain them for longer. Marg ERP helps increase customer experience by letting users send auto-payment reminders and invoices and providing them with a customized...

Introduction Many countries have implemented GST Billing Software and have experienced a drastic change in their businesses particularly in the billing & invoicing process. The changes in technology such as moving from traditional billing methods to digital invoicing have become essential to ensure a smooth workflow of the business operations. So, for smooth business operations, businesses are implementing GST Billing Software that digitizes the complete billing process and along with that also ensures tax compliance. On the other hand, managing Goods and Services Tax (GST) can be a complex task for businesses of all sizes. From generating compliant invoices to filing accurate returns, staying on top of regulations can be time-consuming and prone to errors. This is where GST billing software comes into the picture. Meaning of GST Software GST software, or GST filing software, GST return software, or GST invoice software, simplifies your GST processes, saving you time and ensuring compliance. In this blog, let's explore the top features to look for when selecting the best GST billing software for your business, including how Marg ERP can be a powerful GST solution. Top Features to Consider in a GST Billing Software https://youtu.be/rB_lhMRqJrU?list=PLIxBHnW4TRhMK0jVlzMDy85Rpo6qlZo_j All Indian business owners need to select the appropriate GST billing software. Considering the complexity of GST rules, the reliable software solution can save you time and money while ensuring compliance. The following are the top features to consider when purchasing your GST billing software. 1. Make Invoices Easily The most important feature to look for when purchasing GST Billing Software is the ability to simply generate GST Compliant Invoices. It must include pre-defined templates, the company's logo and brand, and automatic tax calculations according to GST rates. 2. Inventory Management For any organization, keeping track of inventory is essential. Effective inventory management facilities must be available in the best GST billing software. The features like creating new items/products, maintaining stock levels, and the software should send an alert/reminder when the stock is low to avoid stock shortages resulting in simplifying the complete inventory process and meeting the customer demands. 3. Generate Customized Reports The best GST billing software provides advanced reporting and analysis tools. With the help of these tools, you can create customized reports on different business-related topics, including market trends, top-selling products, tax obligations, and customer purchasing behavior. With the help of GST Billing Software, the user must be able to make well-informed decisions for future growth and success, evaluate which are top-selling items, discover areas that require improvement, etc. all at your fingertips. 4. Customer Management One of the top features the user must consider while purchasing GST Billing Software is that the software must save the complete information i.e., Name, Mobile No., Address, Bill history, discount provided, etc. of their customers at one place so that it can be easily accessible at any time and also helps to manually eliminate the entering of customer’s details every time. 5. Filing GST Returns As we all are aware filing GST Returns is a very challenging and time-consuming task. Every business requires software in which the process of filing GST Returns is made simple and easy without the need for manual work. The best GST Software is integrated with the government’s GST Portal which enables the user to file GST Returns easily from the software itself and without visiting the GST Portal. Along with this, the best GST Billing Software eradicates the possibility of manual errors that occur in the transactions if done manually, and along with this, it saves the user’s time and effort. 6. Tax Clubbing for Easy Tax Calculations This feature is especially helpful for businesses whose earnings from sources must be clubbed with the owner's or any other specified person's earnings for taxation purposes. These calculations must be automatically managed by the best GST software to guarantee correct tax filing and compliance with the appropriate laws, increase tax benefits, and reduce mistakes. 7. Generate E-Way Bills It is essential for a business to generate E-Way Bills if the business transports goods exceed a specific value limit. This process is made easier if we select the best GST billing software, that allows the user to create and generate & manage single or multiple e-way bills right from the software. This ensures e-way bill compliance while improving the workflow. 8. Internal Audit A GST Invoice software has the facility to help the users to run the Internal Audits smoothly and without any errors. By using the best GST Software for your business, you can automatically verify the data as the software only identifies the errors, provides alerts, and facilitates you in quickly solving the errors. It also validates your suppliers' GSTINs providing accuracy of data and helping you in filing error-free GST reports. With the help of these inbuilt features in the software, the user can easily run internal audits at their fingertips, quickly identify errors, evaluate possible issues, and ensure that their financial records are...