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    Home»Tech»Featured»A quick guide for businesses to be GST compliant
    Featured

    A quick guide for businesses to be GST compliant

    MOBILITY INDIABy MOBILITY INDIAOctober 25, 2017Updated:November 13, 2018No Comments3 Mins Read
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    India has on-boarded the journey to the biggest tax reform- Goods and Services Tax. Businesses are at the core of this reform. To help businesses make a sound decision, we get you a list of powerful solutions offered by GST Suvidha Providers and Application Service Providers that are easy to use, easily integrate with the familiar Microsoft Office suite, and are powered by Microsoft Azure that makes them scalable and secure.

    1. Shalibhadra: A GSP having direct connectivity with GSTN servers that is an easy to use desktop application with no restriction on the number of companies, branches, GSTIN’s and invoices. They have a net framework with an easy excel template embedded in it along with a web and mobile app to compliment the desktop application. The tax payer works end to end on excel and the entire data can be uploaded in one go from the application without doing it manually on the GSTN server.

    Cost: This offering comes with a free software with no AMC or upgradation charges but only an annual subscription charge starting INR 1,750 based on the group turnover.

    1. EaseMyGST: A cloud-based comprehensive GST compliance platform that integrates with ERP and is provided as an add-in of Office 365 marketplace through which users can complete their basic compliance accounting systems and spreadsheets on enterprise end, and GSTN on the other end, to file returns. The plug-in integrates with Excel and users can upload the returns without leaving the Office 365 interface. These solutions are helping businesses in doing their compliance, using simple Microsoft tools without any other third party application or portal access.

    Cost: The subscription starts at INR 1500 per registered entity per month.

    1. IDOS: An ASP which has made Microsoft Excel an inseparable part of managing GST setup and reporting. IDOS has provided the capability to setup GST related ledgers and line items in the chart of accounts through excel upload, thereby reducing the setup time and enhancing the customer experience as most of the customers are familiar with working on Microsoft excel. Additionally, IDOS has enabled down load of all ledgers relating to GST sales, purchases, SGST, CGST and IGST through Microsoft excel in a detailed format, thus enabling businesses in preparing the reports for GST reconciliations and return preparation.

    The user experiences superior automation, accounting and computing experience that was otherwise available only to large corporates. This helps save resources, enabling millions of businesses to file returns without paying the GSPs.

    Cost: The SMB finds an end to end accounts, GST and Office solution at a modest price of INR 475 per user per month.

    businesses EaseMyGST EasyGST GST GST Help GST software IDOS Shalibhadra
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    MOBILITY INDIA Bureau: If you have an interesting article/experience/case study related to the ICT industry to share, please send us at editors@roymediative.com

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