Billing software by Hitech BillSoft
Gst billing software by Hitech BillSoft? What is Reverse Charge? Usually, when the supplier supplies goods, the tax is levied upon the supplier. In certain cases, the tax is levied upon the buyer of the goods. This is called reverse charge as the chargeability of tax gets reversed. This is not new under GST, as under the previous VAT regime, the reverse charge existed, but only on services. Now, under GST, it will be applicable on goods as well. How taxes are charged before and after GST? Before : Taxes paid by the dealer (Excise) to the manufacturer is added to the cost. When the dealer sells down the chain, VAT keeps getting charged on the sum of actual product cost + excise component, and the VAT keeps getting levied at every point of sale, till it reaches the end customer. After : Taxes paid by dealer (CGST + SGST) to manufacturer is not added to cost. This is because GST allows the dealer to set off the tax liability of CGST + SGST. This is one of the fundamental features of GST, which allows seamless credit from manufacturer to dealer, and eliminates the cascading effect of taxes.
PoS/Thermal printers are getting common day by day and now Hitech BillSoft comes with built-in support for PoS receipts. Our advanced printing engine can generate PoS receipts of size 50mm to 100mm at the rate of up to 60 receipts per minute. SMS/Email are most important communication medium in business environment and that’s why Hitech BillSoft comes with built-in functionality for sending SMS/Email directly from our billing software. We supports most of the API’s and Email Gateways (Gmail/Yahoo/POP).
Supports PoS Printers: Hitech BillSoft supports multiple type of PoS/thermal receipt printers and comes with dual speed (2/10 invoice per sec) printing engine. Built-in inventory management system allows you to track inventory/stock. Reminds you about low stock, stock availability and movement. Hitech BillSoft comes with multi-size barcode generator which simplifies your stock take-off process. Barcodes can be autosaved which saves up to 27% time. Hitech BillSoft automatically calculate GST and cess amounts for purchase and sale bills. No need to do manual calculations and also supports multi-rate invoices. Discover even more info on accounting software.
We at Hitech, understand the importance of fast billing and pressure you feels during rush hours. Hitech BillSoft comes with a unique feature which allows you to generate invoice in a click. In retail billing more than 43% bills can be generated using this feature. Speedup client processing time. Reduce pressure during rush hours. Credit sales are one of most important and neglected aspect of any business. Our billing software allows to track and manage your credit sales and keeps your overall credit exposure in check which reduces loss and risk of default. Reduce your overall credit exposure. Increases profitability by reducing credit defaults.
We built BillSoft to be smart and simple. It’s powerful and easy to use. It’s fun and businessy. We make BillSoft because we think software can be all of these things. And that’s why we want to make it easy for you to try. We’re proud to say that our customer support team strives to save you time and money by solving your problems as quick as possible. We collaborate with all members of the team to find our user’s most pressing needs and figure out ways to give them the best solutions. We work hard to ensure Hitech BillSoft is up to date and usable by users all over the planet and we release new updates often, to help our users better solve their problems. Read more information at here.