If you are registered under GST and supplying goods or services or both, then you have to issue a tax invoice which should follow the compulsory requirements specified under law.
The tax invoice issued by you to your client or customer should contain the details required by law.
A tax invoice under GST should contain the following details:
These are the minimum requirement of a tax invoice.
Along with these if you are issuing invoice for an export of goods or services or both, then you have to mention whether supplied with a bond or after payment of IGST.
If you are looking for a billing software for your newly started startup or an existing business, you should evaluate the billing software based on certain factors.
Before you select an billing application, it is very important to understand your requirements.
You should check the advantages and disadvantages of both type of applications.
I personally prefer an online application compared to an offline software.
My reasons for selecting an online billing application are:
The most valid reason that I use an online application is that
I have coded an invoicing application for my own purpose and which is now released to public for free. You can use this invoicing application to manage your billing requirements.
Similarly you can choose the KYG-INVOICING for your billing requirements. If you have your own set of requirements you can select any of the paid software available for offline usage.
Normally, a billing software should have following features to make you life easy and let me remind you that these features are available in KYG-INVOICING.
Most important feature of any product is Customer Support. With KYG-INVOICING you get support from others who are using it and I personally address each and every issue of each user.
When you select a software for your billing requirements, do make a list of features you require and make the final decision.
Cost should be the last factor, an underpaid badly coded software can result in wastage of valuable time and can increase your opportunity cost.
Final words
Give a try to KYG-INVOICING application on this website and let me know your experience. Remember your suggestions will help all users to enhance this application.
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