The Bill book is a ready-to-use software platform that works both online and offline. “While making the sales and purchase for getting the input tax credit, GSTIN needs to be recorded. The GSTbillbook will automatically identify IGST vs SGST in the invoice. GST Bill book will help in curbing the tedious task of uploading to GSTN every month,” said Archit Gupta, founder and CEO, ClearTax.
The Billbook is equipped to accommodate business scenarios such as operating in different states in India, or engaging in imports and exports or B2B or B2C billing. The software has the competency to handle debit/credit notes and advance payments, the company said.
The GST bill book supports features such as creating a sales invoice, recording of discount, freight, insurance, & package handling charges. In addition to creating sales bills, it can be used to record purchases and expenses under GST regime. It will also support other documents mandated by GST such as delivery challan, e-way bill, advance payment receipts etc