GST Accounting Software [Easy to Use]

GST Accounting software is the software required to do business this day after Narendra Modi’s GST System. There are many types of GST software available in the market. But today we are going to tell you about the best GST Softwares in India. Basically, there are two types of software available in the market in case of GST. These are mentioned below:

gst software

gst software

  1. GST enabled Accounting Software (helps with Accounting and Filing)
  2. GST Filing Software (helps only with Invoicing, Reconciliation, and Filing).

Also, there are many best-branded GST software available that are given below:

  1. Reach Accountant GST Software
  2. Tally ERP 9
  3. MARG ERP 9+
  4. ZOHO Books
  5. Quick Books

What is GST?



GST is the latest replacement of cascaded taxes announced by India’s Prime Minister Narendra Modi. GST is defined as the Goods and Service Tax. It was announced on July 1, 2017. Under GST, goods and services are taxed at the following rates, 0%, 5%, 12%, 18% and 28%.

What are the benefits of GST?

The Merchandise and Administration Expense or GST is one of the greatest financial changes in India since Autonomy. All organizations, little or expensive, will be affected by this new circuitous expense administration.

GST will be demanded on the two merchandise and ventures and will subsume and supplant the current aberrant assessments, for example, extract, VAT, and service tax.

There are many types of advantages of Goods and Service Taxes. These are given below. So why are you waiting for? Let’s have a look at these advantages:

  • GST Removes Cascading Taxes:  One of the biggest advancement of GST is that it removes all the previous cascading taxes. In other words, Cascading Taxes means- Tax on Tax.
  • High Threshold for Registration: According to the present VAT structure, any business with a turnover of more than Rs. 5 lakh (in many states) is at risk to pay VAT (diverse rates in various states). So also, for benefit assets, specialist organizations with turnover not as much as Rs. 10 lakhs are exempted.

Under GST this limit has been expanded to Rs. 20 lakhs in this way exempting numerous little brokers and specialist organizations.

  • Business Composition Speech:  With the GST term Modi gave an optional scheme for small businessmen that if their business earning is 20 lakh then there will be less GST on them.
  • Simple Online Process of GST:  This GST is a step by step procedure that starts from the registration form to fill returns and payment of GST.
  • The number of Compliances Decreased: GST will unify all these, thereby reducing the number of returns and the time spent for tax compliances.
  • ECommerce Defined Treatment: Numerous Indian organizations give merchandise and ventures through the web. Prior, there were no particular arrangements for treatment of the web based business segment. Right now, states have variable VAT laws for this part. For instance, online sites (like Flipkart and Amazon) conveying to Uttar Pradesh need to document a VAT announcement and the enlistment number of the conveyance truck. Assessment specialists can in some cases seize products when there is an inability to deliver reports. All these differential treatments and confounding compliances will be evacuated under GST.

GST Accounting Softwares

As above first phrase we all have learned about GST and its advantages. Now we are going to talk about best GST Accounting Softwares that are easily available in the market for businessmen. Below we have mentioned Top 5 GST software in India. These all are best software’s and can help you in GST Compliances, Invoicing and Auto-Calculation of GST.

  1. Reach GST Accounting Software: Reach GST Accounting Software is India’s number one GST Accounting Software. This software is easy to install and have many features such as GST Invoicing, HSN/ SAC Code Mapping, Auto Reconciliation from GSTN, GST Computation, and GST Challan Generation etc. This GST Accounting Software is cheapest one that its price is :
    1. GST Filing Software: Rs. 150/- per filing (Pay only to File)
    2. GST Accounting Software: Rs. 6000/- (Annual Renewable with 20%).
  1. Tally ERP 9: Tally ERP 9 is a notable bookkeeping programming that oversees stock and finance. It is a standout amongst the most sparing programming accessible. With the unpredictability of duty structure in India, you require a basic yet supportive gst programming and that is Tally ERP 9. This product has an extensive variety of programming. It also has many advantages and disadvantages. It has many features such as multiple companies, financial management, invoice etc. It costs rupee 21,780 for a single user, rupee 65,340 for multiple users and rupee 25% of annual renewal comes.
  2. MARG ERP 9+: It is one of the easy and simplest software of India. It lies in number three of top 5 GST software. It can reduce time wastage and can manage our business in every possible way. Like above two software, it also has many advantages and disadvantages. Also, it costs rupee 7,200 for a single user, rupee 25,200 for multiple users and 40% as per annual renewal.
  3. Zoho Books: Zoho is India’s fourth topmost GST Accounting Software. It is also best business management software and has many likes and dislikes terms. It can access through the mobile app. It is based on Cloud Computing Concept. For a single user it costs 2500 rupee per year and for the annual system, it charges 100 %.
  4. Quick Books: Like Zoho books, Quick Book is very kind of similar to it. It is easy handling software and also it helps in books-keeping. Like Zoho, it is cloud based software and also it has a mobile app. It costs rupee five thousand per year and annual renewal comes with %.

All above software lies in the first type of GST Software that is GST Enabled Accounting Software. Now, we are going to talk about GST’s second type that is mention below:

GST Filing Software

  1. Reach Stand Alone GST Accounting Software: This one is super easy GST Filing Software especially for Tax Consultant to manage his Clients Tax Filings. It has many features available. You can chat with their customer support while using it for instant help also you can watch video from it to learn more about it. It costs 100 to 150 rupee per filing. It has GST preparation, Reconciliation, Filing and much more features available.
  2. Clear Tax: Straightforward and Simple GST Programming. More centered on the Bookkeeping Brotherhood and can be a solid match for the Bookkeepers who require a device to plan GST for their customers without Bookkeeping. Fills in as a sweeping application which can be utilized for documenting subsequent to extricating information from any bookkeeping programming and ERP Frameworks. It costs only ten thousand rupees. It also has many features and benefits such as Export/import feature, GST Filing, Assistance to Find GST clients and much more. For more info, you can also visit their official website i.e;
  3. Gen GSTA Filing Software: It is also best GST Filing Software which focuses on Accountants who need a tool to prepare GST for their clients without Accounting. It also has many features such as :
  • GST Preparation
  • GST Filing
  • Data and imports/ exports

Sinewave GST Filing Software: This last but not the least is also one of the topmost GST Filing Software. It is based on the Cloud Computing Concept. It has many advantages and disadvantages too. This software is currently in development mode.

Features of These Above Mentioned GST Accounting Softwares

In above phrases, we have learned all about GST, Its Types, And Best GST Softwares Such As Tally, Reach, MARG, Sinewave, Clear Tax etc. Now, we will talk about GST Accounting software features. Those are mentioned below. So why are you waiting for? Let’s have a look at them:

Features of Tally ERP 9: Here are some features of Tally mentioned below:

  • HR and payroll
  • Investment
  • Multiple company
  • Financial management
  • Invoice
  • Product database
  • Supplier and purchase order management
  • Taxation management

Features of MARG ERP 9+: So, here are some featured mentioned below have a look once:

  • Inventory management
  • Fast and easy to excise invoice
  • Detail bill at the time of items selected in bill
  • Variable duty rate selection while making invoice
  • Different excise duty consideration like BED, AED Cass.

Features of Quick Books: Below is features mentioned of QuickBooks. Just have a look:

  • Cloud based
  • No risk to data even if hard disk crashes
  • No anti-virus required
  • High level of control over data
  • Free version has upgrades
  • Low price

Features of GEN- GSTA: Check out features of GEN- GSTA given below

  • Payroll management
  • GST preparation
  • GST filing
  • Data and imports/ exports

Why Do we Need GST?

How about we start by explaining the essential idea of – falling impact of charges. It is likewise, intelligently, alluded to as “charges on charges”. It is easy to represent – say A pitches merchandise to B in the wake of charging deals expense, and afterward B re-pitches those products to C in the wake of charging deals assess. While B was registering his business charge obligation, he additionally incorporated the business impose paid on past buy, which is the way it turns into a duty on assess.

Understanding GST Concept

This was the situation with the business assess a couple of years prior. Around then, a VAT framework was presented whereby each next stage merchant used to get a credit of the assessment paid at before organize against his duty risk. This diminished a general obligation of numerous merchants and furthermore decreased inflationary effect this had on the costs.

The comparative idea came in the obligation on make – The Focal Extract Obligation – much before it desired deals charge. The CENVAT acknowledge conspire (prior known as MODVAT) was additionally an appreciated move in terms of professional career and industry where the credit of extract obligation paid at the information stages was permitted to be set-off against the risk of the extract on the evacuation of products. With impact from 2004, this framework was reached out to Administration Expense moreover. Besides, cross use of credit between extract obligation and administration impose was likewise allowed. To an immense degree, the issue of falling impact of duties is settled by these measures.

There are many important reasons for which GST Accounting Software are our necessity. Some of the top reasons are mentioned below. So why are you waiting for? Let’s have a look:

  1. Customizable
  2. Integrates easily
  3. Accessibility
  4. User friendly

In other words, we can say that Goods and Service Taxes i.e; GST is a single assessment on the supply of products and enterprises, appropriate from the maker to the customer. Credits of information charges paid at each stage will be accessible in the consequent phase of significant worth expansion, which makes GST basically an assessment just on esteem expansion at each stage. The last buyer will in this manner bear just the GST charged by the last merchant in the production network, with set-off advantages at all the past stages.

How GST India will Work

For understanding GST concept more clearly you can take an example: You should pay just the assessment charged by the last merchant in the chain of supply. GST expels various tariffs and acquires a more prominent straightforwardness the installment procedure of duties to the administration. However the drawback is the GST assess rates in India, may really be higher than the present rates for a few products and ventures.

The expense material on items being foreign made and sent out to the states will be dealt with by Coordinated GST (IGST) to abstain from fouling up Focal GST (CGST) and State GST (SGST).

GST on Goods and Services Rates

As per recent announcement of PM Narendra Modi, there are over 1211 goods and services falls under the GST rate list. Here are the stats and the percentage of the goods and services. So Check out below:

  1. 8% of the goods and services are taxed at 0%
  2. 12% of the goods and services are taxed at 5%
  3. 19% of the goods and services are taxed at 15%
  4. 48% of the goods and services are taxed at 18%
  5. 16% of the goods and services are taxed at 28%


There is all the information given about GST Accounting Software if you have any query drop it into our comment box.

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