With GST being introduced in India for about a year and more, micro, small and medium enterprises, and small traders have been hugely affected by the GST mechanism. GST has surely created a burden on the small taxpayers and MSME. However, there have been continuous efforts by the government to provide reliefs to such small taxpayers and so the Government free accounting software is planned to help the business owners.
Recently in the latest GST Council meeting, the government has made an announcement for providing the small taxpayers with free government GST accounting and billing software. This move is surely going to provide much-needed relief to the small traders.
Reviews from the GST meeting:
In the 32nd GST Council meeting held on 10th January 2019, there were many discussions that were in favor of small taxpayers like the increase in threshold limit for registration, composition scheme simplified, free Government GST Accounting software and much more. But the most helpful decision in favor of them was that every small taxpayer will get Government Accounting Software so that they can conduct their day to day business accounting digitally. This will help to reduce the unnecessary software cost incurred by the small traders and will be a relief on their pockets. This has been a good step by the government as this will instill the beliefs of small traders in the GST mechanism.
Understanding that the problem is serious enough, a solution has introduced in the form of –
“Government free accounting software”. But the decisions taken in the recent GST council meeting will be effective from the 1st of April 2019.
GST in Accounting Software: A perfect advancement
Every small taxpayer needs software which is simple enough to use and meet its requirements of daily GST based bookkeeping, accounting, inventory, managing expenses, suppliers, invoices and much more. However, with a budget constraint and most software’s being complicated for implementation and daily usage, it has become tough for the small traders to decide which software is best to invest in. Traders who were still issuing bills and were maintaining accounts manually will now be able to issue bills and maintain accounts digitally by using Free Government GST Accounting billing software. With the use of such software, there will be a significant reduction in human errors which earlier used to affect the reputation of small traders and cost them money as well.
With changing times, it is necessary to go digital now. As the government software will be provided in April and will take some time to stabilize. So, to meet all your needs of GST based until a stable and robust is solution is provided in the form of Government accounting software, small taxpayers can look out for the services provided by the DigiBill App. It will provide you with simple and easy to use accounting and billing software which is customized and tailored as per your business size and needs. This will assist you in daily accounting and billing.
Digibill app will help your business to grow rapidly and will help you to become more reliable and accountable for your customers and clients. Your daily efforts of recording everything manually will be reduced and there will be fewer chances of errors Digibill’s GST in Accounting Software.