Billing Software In Excel' title='Billing Software In Excel' />GST Billing Software for Small Business. What is GST Goods and Services Tax is the new unified, multi stage and consumption based tax levied on manufacture, sale and consumption of Goods and Services at national level to replace all the existing national and state tax systems like VAT, Service Tax, Excise Duty, etc. It is expected to remove the cascading effect of tax on tax which is prevalent presently. It is applicable to you if you are into Manufacturing, Trade, E commerce or Services. Billing Software In Excel' title='Billing Software In Excel' />This article may require cleanup to meet Wikipedias quality standards. The specific problem is The platform column is not consistent and several of the features. Timesheets Lite, low cost efficient time tracking software, get free timesheet software Free Medical Billing Software I so appreciate the free system. It is very simple to use. Love being able to send bills out electronically. Support is outstanding. The 1 rated time and billing software for accountants CPAs in the Intuit Marketplace. Direct integration with QuickBooks, Lacerte and more. Try it free. Maintenance management Accounting System Car workshop management and billing software. SocietynmoreSNM is an online Society Management administration and Society Accounting solution which can be used by Cooperative Societies to their benefit for. C9wtehhzAA/hqdefault.jpg' alt='Billing Software In Excel' title='Billing Software In Excel' />What is GST Compliance Rating GST Compliance Rating is a numerical rating given to businesses depending on their level of compliance with Goods Services Tax rules. Refund claims under the GST regime will also be processed on merit basis, i. GST compliance rating of the registered taxpayer. It is expected that certain slab rates will be maintained for various taxpayers falling under various bandwidths of compliance rating and the refunds will be made in terms of percentage amount based on the individual rating of the taxpayer. Higher compliance ratings will make the refunds process easier for businesses. How to Enroll for GST You can enroll for GST via the common portal of Goods Services Tax. Clear. Tax can also help you with your enrollment. Keyboarding Pro 4 there. For more details click here. Can I have multiple Registrations Yes. A person with multiple business verticals in a state may obtain a separate registration for each business vertical in each state. What are the Benefits of Goods Services Tax Cascading tax effect meaning tax on tax will no longer exist. Input Tax Credit will be easier to avail. Returns and compliances will be consolidated. Increased efficiency in Logistics. Subsumes variety of Indirect Taxes. Higher threshold for Registration. Composition scheme for smaller businesses. Online simpler procedure. Regulating the unorganised sector. What is Composition Scheme Small businesses and taxpayers having a turnover less than Rs. Composition scheme where they will be taxed at a nominal rate of 0. CGST and SGST each rates as per the latest proposed changes in the Goods and Services Tax bills. Composition levy is available to only small businesses dealing in goods. It is not available to interstate sellers, e commerce traders and operators, and service providers. Is Input Tax Credit Available under Goods and Services Tax Input credit means at the time of paying tax on output, you can reduce the tax you have already paid on inputs. One of the fundamental features of Goods Services Tax is the seamless flow of input credit across the chain from the manufacture of goods till it is consumed and across the country. Which all taxes will GST replaceIt will replace all the taxes currently levied and collected by the Centre such as Central Excise Duty and CVD and by the State such as VAT and CST, on businesses. How many Returns are required to be filed under GST A business in most cases will be required to furnish 3 returns monthly and 1 annual return. That means any business will require to file 3. However there are separate returns for a taxpayer registered under the composition scheme, taxpayer registered as an Input Service Distributor, a person liable to deduct or collect the tax TDSTCSWhat is HSN Code The Harmonized Commodity Description and Coding System generally referred to as Harmonized System of Nomenclature or simply HSN is a multipurpose international product nomenclature developed by the World Customs Organization. It comprises about 5,0. Without HSN, the system will not be able to pick tax rate for goods declared at the time of registration. Is Clear. Tax GST a comprehensive GST softwareClear. Tax GST with its powerful billing, vendor data mismatch reconciliation mechanism, validation engines and return filing process serves as a single platform for all GST compliance. You can create 1. GST complaint bills or bulk import sales and purchase data from your accounting software such as Tally in excel format. It data validation engine ensures that you are notified when your data looks not in line with set rules, reducing chances of errors. You can also collaborate with your accountant and other colleagues in real time. Are there any pre system requirements to use Clear. Tax GST SoftwareThe software is hosted on cloud and accessible from anywhere at anytime. You need to just sign up using your email Id, and choose the type of plan you want to subscribe for. As soon as you subscription is activated you will be able to get started. You just need internet connection. 125 Bpm Acapella. Also, the software works both online and offline. If you work offline, the data will automatically sync as you get connected to internet once again. How does Clear. Tax GST ensure data securityData security is top priority at Clear. Tax as a tax company. We have taken all industry safety measures to make sure, that your data remains safe both while in transit as well as when at our platforms Clear. Tax encrypts sensitive data using industry leading methods. Even when data is transmitted over public networks, we make sure that it flows in encrypted form. We use standard, well reviewed cryptographic protocols and message formats such as SSL and PGP when transferring data. We ensure that cryptographic keys are at least 1. AES. Asymmetric keys must be at least 2. RSA. We also install security updates and patches on our servers and equipment on a regular basis. The Security settings of applications and devices are tuned to ensure appropriate levels of protection as well. My data is stored in tally. How can I import my data If you are using any version of tallylicenced or cracked you can continue using Tally for your accounting needs whereas for GST compliance such as uploading invoices to GST, filing returns etc, you can use Clear. Tax GST. You can import the data through two routes Manual Export all your sales data and purchase data into excel files from tally. Go to GST returns filing feature of Cleartax GST and click on import. Browse your excel file and import all the data into Clear Tax GST. Automatic 2 way data integration using connectors Very soon we will offer API enabled integration between all versions of Tally and Cleartax GST software. You need to just download the API Utility. Once implemented ,it will be reflected under Utilities as Clear. Tax integration. The connectors will allow 2 way data integration between Tally and Clear. Tax GST software, i. Clear. TAX gst platform from Tally at a click and import the data back to Tally from Clear. Tax platform. I want to use my existing accounting software for maintaining business records. How to transfer that data to Clear. Tax GST to file my GST returns You can bulk import all your sales and purchase data into Clear. Tax GST platform through two ways. Import data using Cleartax standard template. Import data using a customised template. Templates are excel formats designed to capture your sales and purchase data. You can download Clear. Tax Standard template and fill out all the sales details in the format and upload it. Or. You can upload your original excel sheet and then map all the column headings to heading scheme followed by Clear. Tax. Once data is imported you can view all the invoices at a glance. The software will automatically process the data and prepare GST returns for you. Do I need to be online all the time Clear. Tax GST will soon be working online as well as offline. Which means you will be able to use the software even when you are not connected with internet.