Must-Have Features of a GST Software

We are surviving in ambiance when the economy is moving at a high pace and when the advanced technologies are rolling out every day. In this scenario when the commencement of GST regime has added an advantage to the tax compliance of the country, the invention of GST software has made the e-filing of GST returns - an easy and errorless activity. Every industry, every sector now need to adopt software which is GST compliant and automate your tax-related work because doing it manually seems next to impossible.

We have invented both variants of GST software - Desktop and the Online variant so that we can serve our clients according to their needs. And so we are presenting an article that states the features which are appropriate for the specific variant. A complete GST software must be proficient of bulk client return filing, billing and return filing process even for the individual taxpayers; and doing various tasks like return filing, invoice generation, reconciliation, GST e-way bill, ITC ledger and so on.

Here we have listed some must-have features For GST software:

Automatic Master Entity Creation

Automatic Master Entity Creation feature knocks the need of re-entering the same entries in the database. Through this feature, the master entity is created by automatically saving the entities which are entered. This expels off the need to re-enter the same entities again and again and thus saves a lot of time.

Easy Import/Exports Facility

A taxation software must have this feature that facilitates easy import of all the data from the previous accounting software in addition to the import-export from the excel sheets and thus making the entire data available simply with a click.

Sync Facility

The feature of Sync Facility enables the synchronization of desktop and online versions and thus provide enhanced productivity to the users whenever they log in. With this feature, the desktop version is inevitably, always and easily available with the online version.

Ultimate Password Protection Client/year wise

Security is a prerequisite, particularly in the tax-related tasks. The users will need to secure their data on a yearly basis with password safety, the feature allows them to safely keep all the important tax-related data appropriately with any year they wish to.

Client Authentication Feature for Additional Security

Client authentication is another noteworthy feature which holds utmost importance for the clients, users, sellers as well as for buyers. These features encompass the authentication of the clients with basic details, modifications. The features should be available for client’s sellers and buyers as well so that the client can provide the same right to them.

Mobile Application

A taxation software should come with a mobile application which will let users do and review their tasks at any time and from anywhere instantaneously. The feature offers the mobility of important work and thus boosts productivity.

Work Lock – Incognito Redefined

Work lock features allow users to conceal their particular activity for which they want to maintain privacy from others.

Invoice Generation for Regular & RCM dealers

The software should have the feature of invoice generation for all the regular & RCM dealers so that every single dealer can be handled in the easiest way.

Auto- Calculations of Input Tax Credit

A taxation software should come with the feature of Automatic Calculations of Input Tax Credit alongside the Adjustment from Net Tax Liability.

Date Wise Reports

The features provide a clear picture of the data and reports according to the date and thus enables users to review the reports in a structured manner.

E-filing with Just a Click

An ideal tax software provides the facility of e-filing of invoices and returns through various modes such as GSP, ASP to the GST portal directly and easily.

Match Mismatch Report

The feature lets the user identify any error or mismatch in the data and tax reports while providing you with the option to share the same with the other party through emails or messages.

Detailed Log Report

The taxation software should have a feature that would let you track all the history and activities performed on the software with the login id and tasks done.

Auto Detection of Errors

This feature automatically detects any error which may occur due to any reason and notifies you about the same while facilitating in its rectification.

Complete GST E-Way Bill Solution

The taxation software should have GST e-way bill solution like e-way bill generation, it's printing, its validation in volume and thus letting the business unit or transporter originate GST e-way bill at any time.

Backup-Restore

This feature plays an important role in taxation software. It creates a backup of the data every single time the synching is done. It lets the user restore all the data and thus supersedes the events of permanent data loss.

Feedback & Error Reporting

Feedback & Error Reporting feature lets a user convey any issue regarding the software or any feedback to the developer. A tab for sending the feedback and reporting the error should be there in the taxation software to create a link that directly connects the user to the developers.

Invoice Upload at A Click

Invoice Uploading at a click will let clients and users upload their invoices anytime with a single click while offering them freedom of invoice submission at any time-intervals such as daily, weekly or monthly as per their convenience.

Instant E-payment at Secure Portals

Single click e-payment facility should be there to pay the challans, interest and taxes that assures secured payment on government accredited portal.

LAN Connectivity

LAN Connectivity is an important feature when it comes to the desktop version of the software. This feature lets the user connect its desktop to another computer and work on it.

User Rights

Another important feature that a GST software should have is that an admin can Permit Limited Accessibility to the users according to the nature of the work they do, under User Right features.

Customizable Theme

Customizable Theme is the feature especially for the users who love to embellish the themes frequently and as per their visual tastes. This is a personalized feature which will undoubtedly sum up creativity and productivity.

SAG Infotech, with an experience of two decades in the taxation industry, has discovered these important features and introduced the same in its Gen GST software for Secured GST e Filing & Billing. The experts envision our Gen GST software as one of the brilliant inventions that truly defines the years of dedication in the tax industry. Trust our research & hard work and go for the software that suits your needs, and we assure that your decision will be good for what ails you.

Sag Infotech offers multiple taxation software for a wide field of professionals to cater to their needs in the tax world. The company is running for nearly 2 decades and possess 50 thousand + clients across India.