Top 5 GST software in India:

If you are struggling to choose the best GST software for your business, Given below is a list of Top 5 gst software in India which can help you with GST Compliances, Invoicing and Auto-Calculation of GST. The list is in no specific order and makes a comparison showing the good with the bad for you to choose what is best for you.

Before we dive into the details, Let us first understand the different types of GST Software available in the market to be able to make a right apple to apple comparison.

The following types of GST Software are available in the market:

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

GST ENABLED ACCOUNTING SOFTWARE

Reach Accountant GST Software

Reach accounting software is one of the Top 5 GST software in India. It is an user friendly software that customizes with your business with ease. It allows you to control your business wherever you are. It has two

Reach is easy to implement and provides maximum security to your data along with easy backup.

Type

• GST Filing Software for Tax Consultants
• GST enabled Business Software for Small and Medium Business

Variants

• GST Filing Software
• GST Accounting Software
• GST ERP Software
• GST POS Software

Pricing

• GST Filing Software: Rs. 150/- per filing (Free Software, Pay only to File)
• GST Accounting Software: Rs. 6000/-  (Annual Renewal 20%)

GST Features:

• GST Invoicing
• HSN/ SAC Code Mapping
• Auto Reconciliation from GSTN
• GST Computation
• GST Challan Generation
• GST Payment
• GST Filing
• Free e-learning

Business Features:

• Dashboard
• CRM
• Repair
• Billing
• Accounting
• Purchases and expenses
• API
• Mobile app
• Barcode integration
• Email integration
• Job costing
• Multi location
• Multiple company
• POS invoicing
• Manufacturing management
• Project Management
• Quotation and estimates
• Warehouse management
• Inventory management
• Invoicing
• Multi-currency
• Multi user login and roll based access
• Outstanding
• Product database
• Supplier and purchase order management
• Taxation management

Advantages

• Intimates you of your suppliers GST Invoice uploads everyday
• Reconciles GST every day
• Raises GST Invoices
• Maps GSN Codes
• Fully Cloud based so saves expensive Investment in servers
• Hard disk crashes doesnt affect data
• No Anti-virus software needed
• Tailormade for every business with specific features
• Has all the features of Tally and Marg together
• High control over data
• Ideal for multi-branch
• Free Version Upgrades
• Customisable for Nominal Fee
• Low price

Disadvantages

• Needs internet to operate

For 15 days free trial of Reach accountant click on>> Demo

website: www.reachaccountant.com

See How Reach Accountant Software works for different business:

Tally ERP 9

Tally ERP 9 is a well-known accounting software that manages inventory and payroll. It is one of the most economical software available. With the complexity of tax structure in India you require a simple but helpful gst software and that is Tally ERP 9.

This software has a very wide range of software.

Pricing

• Single User – Rs. 21,780
• Multi-user – Rs. 65,340
• Annual Renewal of 25%

Features:

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

Advantages

• Accountant Friendly
• Does not need internet to operate

Disadvantages

• Needs LAN to operate multi-user
• Needs Tally.net + Static IP to operate multiple locations
• Data is not realtime
• Susceptible to Hard-disk crashes
• Easy Data theft
• Susceptible to Virus Attacks
• Version upgrades are charged
• No business specific features
• Prices increased recently

website: tallysolutions.com

MARG ERP 9+

It is a simple but vast and a high in demand software. It is one of the Top 5 gst software in India. It helps in quick access to all your data and meets all the requirements of any sort of business. MARG helps in saving time and tracks  all your business functions for you to manage it better.

Pricing

• Single User 7,200
• Multi-user 25,200
• Annual Renewal – 40%

Features of GST Software :

• Complete inventory accounting management
• Very easy fast excise invoice generation
• Variable duty rate selection while making invoice
• Complete detail of Bill at the time of items selection in Bill
• Different excise duty consideration like BED, AED Cass.

Advantages

• Does not need internet to operate
• Business Specific features
• Low Price

Disadvantages

• Needs LAN to operate multi-user
• Needs investement in server to operate multi-location
• Very Difficult to learn and operate
• Data is not realtime
• Susceptible to Hard-disk crashes
• Easy Data theft
• Susceptible to Virus Attacks
• Version upgrades are charged
• Prices increased recently

website: http://margcompusoft.com/

Zoho books

It is an easy to use software with Accounting integrated for small business.

Price

• Rs. 2500/- per year
• Annual Renewal 100%

Features

• Mobile app
• Accounting
• Cloud based

Advantages

• Fully Cloud based
• Hard disk crashes doesnt affect data
• No Anti-virus software needed
• High control over data
• Free Version Upgrades
• Self customization to some extent
• Low price

Disadvantages

• Needs internet to operate
• Doesn’t allow more than 7 users/ account
• Branch consolidation is not possible
• Lacks key features
• No Inventory management
• Not business specific

website: https://www.zoho.com

Quick books

It is an easy to use software. It helps in bookkeeping, preparing and filing tax. It has a quick and easy interface.

Price

• Rs. 5000/- per year
• Annual Renewal 100%

Features

• Payrolls
• Mobile app
• Mobile support
• Cloud based

Advantages

• Fully Cloud based
• Hard disk crashes doesnt affect data
• No Anti-virus software needed
• High control over data
• Free Version Upgrades
• Low price

Disadvantages

• Needs internet to operate
• Doesn’t allow more than 7 users/ account
• Branch consolidation is not possible
• Lacks key features
• No Inventory management
• Not business specific
• Not customisable

website: http://quickbooks.com/

GST FILING SOFTWARE

Reach Stand Alone GST Filing Software

Super easy GST Filing software, ideal for the Tax Consultant to manage his Clients Tax Filings. The Tax Consultant can allow his clients to create Invoices and enter Purchase bills, whilst he reconciles and files the returns. Step-by-Step guidance is offered on chat and it has a set of e-learning videos in vernacular languages to help understand GST.

Pricing

• Rs. 100 to 150/- per filing

Features:

• Free Online GST Course in Vernacular Languages
• GST Preparation
• GST Reconciliation
• GST Filing
• Data and imports/ exports
• On Chat Assistance for filing

Advantages

• Free Software, Pay only to File
• Free e-learning solution

Disadvantages

• This variant Can be used by accountants only.
• Other products are available for business owners

website: www.reachaccountant.com

Clear Tax

Simple and Easy GST Software. More focused on the Accounting Fraternity and can be a good fit for the Accountants who need a tool to prepare GST for their clients without Accounting. Works as a blanket app which can be used for filing after extracting data from any accounting software and ERP Systems

Pricing

• Rs. 10,000/-

Features:

• Online GST Course
• Assistance to find clients
• GST Preparation
• GST Filing
• Data and imports/ exports

Advantages

• Gets an Accountant Listed
• Free e-learning solution

Disadvantages

• Not an Accounting Software.
• No business features
• Its only a disjointed tax preparation tool
• No business specific features
• Can be used by accountants only

website: www.cleartax.in

GEN-GST 

Good Tax Preparation Software. More focused on the Accounting Fraternity and can be a good fit for the Accountants who need a tool to prepare GST for their clients without Accounting. Works as a blanket app which can be used for filing after extracting data from any accounting software.

Pricing

• Rs. 5,000/-

Features:

• GST Preparation
• GST Filing
• Data and imports/ exports

Advantages

• Does not need internet to operate

Disadvantages

• Not an Accounting Software.
• No business features
• Its only a disjointed tax preparation tool
• Susceptible to Hard-disk crashes
• Easy Data theft
• Susceptible to Virus Attacks
• Version upgrades might be charged
• No business specific features
• Can be used by accountants only

website: https://saginfotech.com/gst-software.aspx

Sinewave 

Proposed GST Software by makers of VAT utility. Focused on the CA’s; Promises to integrate the Accountants utility with a Tax Payer side utility. Will be interesting to see the product. Currently under development.

Pricing

• Not declared

Features:

• GST Preparation
• GST Filing
• Data and imports/ exports

Advantages

• Cloud based
• Gives a tool for the tax payer and the accountant as well.

Disadvantages

• Not an Accounting Software.
• No business features
• Its only a disjointed tax preparation tool
• No business specific features
• Can be used ideally by CA’s

website: www.sinewave.co.in

Sumathi

I’m a tax expert with over 10 years of professional experience. I’ve gained practical insights on GST and other Taxes during my tenture as a Tax expert and GST Trainer in Reach Accountant.