Billing software by Hitech BillSoft? Our billing software is 100% GST compatible and generate various types of GSTR reports like GSTR-1, GSTR-3B and compatible reports for auditor. Supports multi-rate invoices and purchase bills. Hitech BillSoft helps in keeping tab on inventory and informs about low stock, availability, items not selling, fast moving items and cost profit analysis. Multiple inventory reports for taking informed decisions. Our billing software brings everything related to a client on single dashboard where you can set credit limit, generate payment receipts, adjust accounts, generate invoices, set cheque alerts, and many more.
Artificial intelligence (A.I.) is the future of mankind and to increase user experience we developed highly advanced A.I. alogrithms which learns while user use our software and reduces startup, form opening, search, and data retrieval time depending on usuage pattern. Taking A.I. to the next level, we started incorporating virtual assistant feature from version 5 which once fully deployed helps you in better business management.
Generate invoice in a click: A unique feature which allows user to generate invoice in a click. Reduces operator workload by up to 43% during rush hours. GST tax invoice: Our billing software is 100% comptaible with GST regulations and user can generate multi-rates and multi-item invoices. Manage Client Accounts: Using our billing software check everything related to client like account balance, account history, invoices, quotations, payments, and cheque alerts. See even more info on free billing software.
We’re Hitech, a ISO 9001:2008 certified software company that serves clients and runs several products for small businesses and growing businesses like ours. Since 2002, Hitech has helped tens of thousands of traders and startups to grow their business and make more money. Our mission is to reduce the stress you feel about your business by giving you access to the tools and data you need so you (and your team) can focus on doing your best work and leveling up your business game.
Our billing software generates detailed report of profit and loss margin on sale of each and every item during a period which helps you in focusing more on areas where you are loosing. Reduces chances of loss on sale of item. Helps in increases overall profitability. Download Hitech BillSoft latest version from anywhere, and it’s free. Supports Windows 7, 8, 8.1 and 10. Hitech BillSoft allows you to keep record of purchases and manage your inventory accordingly. You can also add item barcode or serial number while entering purchase bill.
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. See more details on https://billingsoftwareindia.in/.