Tell this app your item tax rates, rest will be taken care of.
Manage your billing and GSTR1 filing easily with this app. This app prepares the Invoicer application to start billing with GST tax heads. It prepares in such a way that it identifies when to use CGST+SGST and when to use IGST.
All you need to do is just configure the tax rates for the items in Stocks app, either by category wise or individual item wise, and that is it.Note: As soon as you install this app, make sure that you set your GSTIN in the 'Self details' link in the Contacts app.
For every invoice you generate, if the customer/vendor has a pincode and if doesn't match the pincodes of your state, then IGST will be included in the tax. Else CGST+SGST will be included.
Just setting the pincode is enough, the Invoicer will decide if it needs to use IGST or CGST+SGST. Pincode for every contact can be updated in the Contacts app in your server.
If the contact details of your customer has a GSTIN field, then the invoice is considered as B2B else it will reported in B2C small or large.
GSTIN details for a contact can be added using the Contacts app.
Credit and debit notes are prepared using the sale-return and purchase-return invoices respectively. If the GSTIN field for the customer/vendor is updated, it will be accounted as notes for registered businesses else it will be accounted as notes to unregistered businesses in your monthly GSTR1 report.
Prepare a purchase invoice with a vendor who does not have GSTIN and the reverse charges will be accounted. These would appear in your GSTR1 reports
For Nil supplies set the tax rate as
0% either at the item type level or at the item level.
For Exempt supplies, set the
Chapter code and
Heading code at the item type level or
HSN/SAC code at the item level but with out setting the tax rates
If an item or category of items is not listed in the official GST item list, just leave it empty. No need of configuring tax or codes for it.
At the end of each day, GSTR1 for that day will be prepared automatically. Even after auto generation of report, you can generate the report manually for a day when you have made a change that will affect the invoice on that day.
Example, you might add GSTIN details for a customer or vendor later. This would change the invoice type from b2c to b2b category. You can now manually generate the GSTR1 report and the changes will be absorbed in the newly generated report.
For every month, you can download the monthly GSTR1 report. The report will be in
.json format that you can directly submit in the GST portal.
.jsonreport files for every day of the month.