10 Best GST Billing Software for Your Businesses in 2024

GST billing software

As of September 2021 over 1.2 crore businesses are registered under GST – this means the importance of accurate and efficient billing is now bigger than ever. What’s more, for a business  to succeed, compliance with GST regulations is vital. 

However, managing GST billing can be a challenging task, particularly for small and medium-sized businesses. That’s where GST billing software can help you. With the right software, businesses can simplify their billing processes, save time and resources, and ensure compliance with GST regulations.

In this blog, we’ll dive deep into the world of GST billing software and bring to you the top players in the market. From user-friendly interfaces to advanced features like automated invoicing and inventory management, we’ll explore the benefits of using a GST billing software for your business. 

So, whether you’re a new entrepreneur or an established business owner, keep reading to discover the best GST billing software solutions to streamline your billing and increase your efficiency.

Also, Read: 11 Best Billing Software in India

What is GST?

GST is a comprehensive tax that is designed to replace multiple indirect taxes such as excise duty, service tax, and value-added tax (VAT) at the state and central levels. GST stands for Goods and Services Tax and it is a value-added tax that is levied on most goods and services sold for domestic consumption. Many countries globally have GST this includes India, Canada, Australia, and Singapore. 

It was introduced to simplify the taxation system, reduce tax evasion, and promote economic growth. 

What is a GST billing software? 

A GST billing software is a computer generated program that is designed to assist businesses in generating invoices and maintaining records for GST compliance. 

It automates the process of generating invoices, calculating taxes, and keeping track of payments received and pending. 

The software will help in generating reports required for GST filing and allows businesses to stay compliant with GST regulations. Companies of all sizes and across industries are required to pay GST. This is where GST billing software can help businesses save time and reduce errors and improve overall efficiency in the process. 

Quick Read: What is Billing in Accounting?

Top 10 GST billing software in India

1. Zoho Books
2. FocusLyte
3. Saral GST
4. CaptainBIZ
5. Genie Books
6. Gen-GST
7. uBooks
8. Just Billing
9. MyBillBook
10. Cygnet GSP

10 Best GST billing software for Your Businesses

After reviewing over 60+ GST billing software in the marketplace, we have come up with this list that contains the 10 best GST billing software in the industry: 

1. Zoho Books 

Zoho Books is a cloud-based accounting software designed to best suit small and medium-sized businesses. It comes with a wide range of features such as invoicing, expense tracking, bank reconciliation, inventory management, and financial reporting. It is best suited to file GST returns, send invoices, and generate e-way bills. 

Zoho Books also integrates with various payment gateways, allowing businesses to accept online payments from customers. It provides a user-friendly interface and can be accessed from anywhere with an internet connection. With Zoho Books, businesses can automate their financial tasks, streamline their workflow, and get real-time visibility into their financial health.

Suggested Read: 9 Best Accounting Software for Small Businesses

Zoho Books features

• Journal entries 
• Invoice customization
• Payment processing 
• AR automation 
• Output document generation 
• Data export and import tools 

Zoho Books pros and cons

Pros 

• Multiple integrations – G suite, Office 365, Slack, Zapier, Dropbox, Gdrive, Evernote, One Drive 
• Create and send alert or reminders 
• GSTN-empanelled GSP

Cons

• Customer service can only give a customized plan 

Pricing

• Free: $0
• Standard: INR 749
• Professional: INR 1499
• Premium: INR 2999
• Elite: INR 4999
• Ultimate:INR 7999

2. FocusLyte

FocusLyte is a GST billing software that simplifies billing and invoicing for businesses. The software offers features such as automatic GST calculation, inventory management, payment gateway integration, and customizable invoice templates. 

It can help generate various reports, including sales, purchase, and inventory reports, to provide a better understanding of the business’s financial health. What’s more, the software is compliant with GST regulations, enabling businesses to stay accurate and avoid penalties. 

Related Read: E-Invoicing Under GST

FocusLyte features 

• User-friendly interface for easy navigation
• Generate GST invoices and bills with ease
• Automatic GST calculation based on tax rates
• Option to customize invoice templates with company logo and branding
• Real-time inventory management to keep track of stock levels
• Generate reports such as sales, purchase, and inventory reports
• Integration with payment gateways for easy payment processing
• Multiple user access with different permission levels
• Secure cloud-based storage for data backup and accessibility from anywhere
• Automatic backup and restore functionality to prevent data loss
• Compliance with GST regulations to ensure accuracy and avoid penalties

FocusLyte pros and cons 

Pros

• Good call and email customer care support
• GSTN-empanelled GSP

Cons

• No add-ons
• Limited taxation features

Pricing

• INR 750 + GST per month per user

3. Saral GST 

Saral GST is a cloud-based software solution that helps businesses stay GST compliant. Some of the important features offered by Saral GST are GST invoicing, return filing, e-way bill generation, and reconciliation, etc. 

It automates multiple processes involved in GST compliance – thus reducing the risk of errors and saving time for companies. It is user-friendly and can be accessed from anywhere, making it convenient for businesses of all sizes. Additionally, Saral GST provides updates on changes to GST regulations and helps businesses stay compliant with the latest requirements.

Recommended Read: E-Billing: A Comprehensive Guide

Features

• It provides a user-friendly interface that allows businesses to easily navigate and operate the software
• The software is designed to be easily scalable, making it suitable for businesses of all sizes
• Saral GST offers features such as invoice management, inventory management, and tax filing
• It provides real-time validation of GSTINs, enabling businesses to ensure that their GSTINs are valid before proceeding with any transactions
• The software comes with a built-in reconciliation engine that helps businesses reconcile their books of accounts with the GST portal
• Saral GST provides reports that help businesses track their GST compliance and financial performance
• It also offers integrations with popular accounting software such as Tally and QuickBooks

Saral GST pros and cons 

Pros

1. Easy GST compliance
2. Time-saving
3. Improved accuracy
4. User-friendly
5. Cost-effective
6. Real-time reporting

Cons

1. Limited customization
2. Technical support sometimes gets delayed
3. Risk of data breaches or cyberattacks
4. Steep learning curve

Pricing 

• Saral GST standard: INR 6900 (single user) and INR 15,000 (multiple users) 
• Saral GST premium: Contact the sales team for a quote

4. CaptainBiz

CaptainBiz GST billing software that simplifies the process of creating invoices, recording transactions, and generating GST-compliant reports for companies. It offers customizable invoice templates, records all transactions automatically, ensures compliance with GST regulations.

What’s more, it helps in improving efficiency, and provides real-time reporting and analytics for companies to monitor their performance and make data-driven decisions. Using CaptainBizbusinesses can now manage their GST billing processes easily and save time while complying with GST regulations.

Also, Read: 10 Best Medical Billing Software

CaptainBiz features 

• Customizable invoice templates
• Automated recording of transactions
• GST-compliant reports
• Automatic updates of accounts
• Real-time reporting and analytics
• Multi-user access
• Inventory management
• Payment reminders
• Customer database
• Customizable tax rates
• Integration with payment gateways
• Back-up and data recovery
• Secure data storage

Pros and cons 

Pros 

1. Easy and efficient management of GST billing processes
2. Compliant with GST regulations
3. Real-time reporting and analytics
4. Customizable templates and tax rates
5. Integration with payment gateways

Cons

• Limited customizations
• Steep learning curve

Pricing 

• Gold: INR 11999 (3-year plan) 
• Platinum: INR 19999 (5-year plan) 
• Diamond: INR 39999 (10-year plan)

5. Genie Books

Geniebooks GST billing software is a tool that helps businesses create and manage their invoices and bills for the products or services they sell, while also ensuring compliance with GST regulations. 

It offers features like automatic tax calculation, customized invoice templates, inventory management, and payment tracking. 

The software simplifies the process of billing and helps businesses save time and effort by automating many of the manual tasks involved in invoicing. Overall, Geniebooks GST billing software is an efficient and user-friendly solution for businesses looking to streamline their billing process and stay compliant with GST regulations.

Also, Read: 10 Best POS Billing Software

Genie Books features: 

1. Easy invoicing
2. GST compliance
3. Inventory management
4. Sales management
5. Payment gateway integration
6. Multi-currency support
7. Mobile app
8. Reports and analytics
9. Data security
10. Customer support

Genie Books pros and cons 

Pros

• This software helps in easy invoicing

• User-friendly interface
• High data security

Cons

1. Limited customization options for certain features such as invoicing or reporting
2. Integration Limitations with some accounting software platforms
3. Limited Mobile App functionality compared to the desktop version
4. Pricing structure may be unclear or confusing for some users
5. Customer Support response time or quality of support may be lacking

Pricing 

• Blue: INR 6,999
• Green: INR 69,999
• Orange: Free to use 
• Black: Custom pricing 

6. Gen-GST

Gen-GST is a cloud-based software designed to help businesses in India comply with the Goods and Services Tax (GST) regulations. The software provides a range of features to help businesses manage their GST-related activities, such as invoicing, inventory management, tax calculation, vendor management, and reporting.

Gen-GST allows businesses to generate GST-compliant invoices, track inventory in real-time, calculate the GST amounts automatically, generate e-way bills, manage vendor data, and generate reports that help them file their GST returns accurately and on time. 

Quick Read: 10 Best Restaurant Billing Software

Gen-GST features

• Gives due dates and alerts 
• Efficient and user-friendly
• Email/Help Desk
• Knowledge Base
• Phone Support
• Chat

Gen-GST pros and cons

Pros 

• Easy to use
• Efficient customer service
• Multiple features
• Value for money

Cons

• According to a Capterra review, Gen-GST’s customer support needs improvement 

Pricing

Contact Gen-GST’s sales team to learn about the pricing details 

7. uBooks

uBooks GST billing software is a cloud-based invoicing and accounting software designed for small businesses and freelancers. It helps users create professional GST-compliant invoices and manage their finances.

uBooks offers online and offline GST billing flexibility to businesses, with added features like auto tax calculation, mobile-based e-invoice, standard GSTR filing, validate GSTIN, etc.

Recommended Read: 12 Best Invoicing Software for Your Business

uBooks features

1. Invoicing
2. GST compliance
3. Inventory management
4. Expense tracking
5. Bank reconciliation
6. Reports

uBooks pros and cons

Pros 

• Free software
• GSTN-empanelled GSP
• Advanced accounting and inventory management
• Customer care support 

Cons

• Accurate pricing details not available

Pricing

• Visit the official website for pricing details

8. Just Billing

Just Billing GST billing software is a powerful and user-friendly tool designed to make your life easier as a business owner. It allows you to generate professional invoices, manage your inventory, and keep track of your finances with ease.

With Just Billing, you can easily calculate and apply GST to your invoices, making sure you stay compliant with the latest tax regulations. It also allows you to generate reports on your sales, expenses, and profits, giving you a clear overview of your business performance.

Just Billing offers other useful features, such as the ability to send reminders to customers for outstanding payments, create purchase orders, and manage multiple stores from a single dashboard.

Quick Read: 9 Best Vendor Payment Management Software

Just Billing features

1. Invoicing and billing
2. GST calculation and compliance
3. Inventory management
4. Financial reporting
5. Purchase order management
6. Multi-store management
7. Customer relationship management
8. Reminder and notification system
9. Integration with payment gateways
10. Mobile app support

Just Billing pros and cons

Pros

• It is available for both iOS, windows and android users 

Cons

• No free version available

Just Billing pricing 

Industry	Windows	Android	IOS
Retail	INR 14160/year	INR 14160/year	INR 14160/year
Restaurant	INR 14160/year	INR 14160/year	INR 14160/year
Distribution	INR 14160/year	INR 14160/year	INR 14160/year
Professional services	INR 14160/year	INR 14160/year	INR 14160/year

9. MyBillBook

MyBillBook GST billing software is a user-friendly tool designed to help small business owners streamline their invoicing processes. With MyBillBook, you can create professional-looking invoices quickly and easily, customize the template to match your brand’s style, and send them to your customers via email or SMS.

In addition to invoicing, MyBillBook allows you to manage your inventory, track your expenses, and generate financial reports. Its integrated GST calculator ensures that your invoices are always compliant with the latest tax regulations. What’s more, it’s available both as a mobile app and a web-based tool, making it easy to manage your business on-the-go. 

Also, Read: 10 Best Accounts Payable (AP) Software

Features

• Cash flow tracking
• tax credit monitoring
• GST returns reports

MyBillBook pros and cons

Pros

• It is available for both mobile and desktop users

Cons

• Free plan not available

Pricings

• Contact the sales team to know more about the pricing details

10. Cygnet GSP

Cygnet GSP billing software is a powerful tool designed to make your GST compliance hassle-free. It’s like having your own personal assistant, but better! With Cygnet GSP, you can automate your billing processes, generate invoices, and calculate GST with ease.

You can say goodbye to manual processes or confusion over tax regulations – Cygnet GSP takes care of it all for you. And with its intuitive interface, you’ll be up and running in no time.

What’s more, Cygnet GSP is also packed with useful features such as inventory management, financial reporting, and vendor management. It even allows you to reconcile your invoices with your bank transactions, saving you time and reducing errors.

Also, Read: 10 Best Asset Management Software Systems

Features 

• Validate and reconcile GST returns easily
• Generate e-Invoices 
• Generate e-way bills

Cygnet GSP pros and cons 

Pros

• GSTN-empanelled GSP
• It can be easily integrated to ERP, Tally, Oracle, and SAP

Cons

• Only desktop version is available
• Data is stored locally, not cloud-based

Cygnet GSP pricing

• Contact the sales team for pricing details 

Why is a GST billing software essential for businesses? 

Here are some of the reasons why a GST billing software is essential for businesses: 

1. Automates billing and invoicing processes: GST billing software automates billing and invoicing processes, saving businesses time and reducing the chances of errors.

2. Enhances accuracy: GST billing software ensures accuracy in calculations, reducing the chances of errors that can result in financial losses.

3. Improves efficiency: GST billing software streamlines processes, reducing the need for manual intervention and improving overall efficiency.

4. Saves time and effort: GST billing software reduces the time and effort required for invoicing and tax compliance, allowing businesses to focus on other important areas.

5. Improves cash flow: GST billing software provides real-time visibility into invoicing and billing, helping businesses manage their cash flow more effectively.

6. Ensures compliance: GST billing software keeps businesses up-to-date with the latest tax regulations, helping them avoid penalties and stay compliant.

Also, Read: What is a Billing Cycle?

Features of GST billing software 

Here are some of the must-have features for GST billing software: 

1. Invoicing

The software should be able to generate GST-compliant invoices with all the required details, including customer and vendor information, product or service details, and tax information.

2. Inventory management

The software should be able to manage inventory by tracking stock levels and generating alerts when stock levels fall below a certain threshold.

3. GST compliance

The software should be able to calculate GST based on the applicable tax rates and generate GST returns as per the regulations.

4. Payment processing

The software should be able to process payments electronically, including credit card, debit card, and online payments.

5. Reporting

The software should be able to generate various reports, such as sales reports, tax reports, and customer reports, to help businesses make informed decisions.

6. Integration

The software should be able to integrate with other business systems, such as accounting software and CRM systems, to ensure seamless operations.

7. Mobile compatibility

The software should be compatible with mobile devices, allowing users to manage invoicing and payments on-the-go.

8. Security

The software should have robust security features, such as data encryption, to ensure that sensitive data is protected from cyber threats.

Recommended Read: Billing Statement: A Comprehensive Guide

What are the benefits of GST billing software?

1. Increased efficiency

GST billing software automates the entire billing process, from creating invoices to calculating taxes and generating reports. This helps businesses save time and streamline their operations.

2. Improved accuracy

Manual billing processes are prone to errors, which can result in costly mistakes. GST billing software ensures accuracy by automating calculations and reducing the risk of human error.

3. Faster payments

GST billing software allows businesses to create and send invoices quickly, which can help them get paid faster. This is because customers can receive invoices via email and pay electronically, reducing the need for physical checks.

4. Compliance with GST regulations

GST billing software ensures that businesses comply with GST regulations by automatically calculating the appropriate taxes for each transaction. This helps businesses avoid penalties and other legal issues.

5. Easy tracking of payments and expenses

GST billing software allows businesses to track payments and expenses easily, providing a clear overview of their financial situation. This can help businesses make informed decisions about their operations and finances.

6. Improved customer service

GST billing software allows businesses to provide better customer service by providing accurate and timely tax invoices and receipts. This can help build trust with customers and improve customer satisfaction.

Also, Read: 10 Best Expense Management Software

How GST billing software will help your taxation?

GST billing software can be a game-changer for businesses looking to streamline their taxation processes. Here are some ways in which GST billing software can help your taxation:

1. Automated tax calculations

With GST billing software, you can automate your tax calculations, ensuring that your invoices are always accurate and up-to-date. This can save you time and reduce the risk of errors, ultimately helping you to stay on top of your taxation requirements.

2. Improved compliance

GST billing software can help you stay compliant with tax regulations. By automatically calculating taxes, the software can ensure that you are always charging the correct tax rates and submitting accurate tax returns. This can help you avoid penalties and other legal issues that can arise from non-compliance.

3. Simplified reporting

 With GST billing software, you can generate reports quickly and easily. These reports can provide you with important insights into your business’s financial performance and help you identify areas for improvement. They can also be used to generate GST returns, making the reporting process much simpler.

4. Enhanced productivity

 By automating your taxation processes, GST billing software can help you save time and improve productivity. This can free up your time to focus on other areas of your business, such as sales and customer service, ultimately helping you grow and succeed.

Automating tax calculations, improving compliance, simplifying reporting, and enhancing productivity, can help businesses save time and improve their bottom line.

Also, Read: Top 6 Enterprise Payment Software

How much does GST billing software cost?

Depending on the features and functionalities the cost of GST billing software can vary widely. On average, the least expensive GST billing software options can be found for around $10-$20 per month. These software options typically offer basic functionalities such as invoicing and tax calculations.

On the other hand, more comprehensive GST billing software options can cost anywhere from $50 to $500 per month or more. These software options offer more advanced features such as inventory management, financial reporting, and customizability.

FAQs