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Free accounting and billing software program released for MSMEs with turnover up to Rs 1.5 Cr


Free accounting and billing software program released for MSMEs with turnover up to Rs 1.5 Cr


GST Network (GSTN) stated it has started imparting loose accounting and billing software to MSMEs with an annual turnover of up to Rs 1.5 crore, which would gain about eighty lakh small companies.

 billing software program

This software would assist corporations in creating invoices and account statements, controlling stock, and assembling GST returns. The said software is to be had under the ‘Download’ tab at the legit GST portal www.Gst.Gov.In, GSTN  stated in a declaration. Almost 80 lakh MSMEs with a turnover of less than Rs 1. Five crores could gain, it added.

The software companies offer essential functions like sale/buy/coins ledger, stock control, supplier/patron masters, the era of invoices, and the practice of GST returns free of charge. However, offerings with extra features like financial institution reconciliation and money owed receivable might be chargeable.

GSTN Chief Executive Prakash Kumar stated the flow would help MSMEs move in the direction of digital systems so that their performance and compliance burden can be decreased.


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Eula Boone

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