Tue. Jun 18th, 2024

Are you still using manual techniques for keeping track of your finances? If yes, then you are missing out on a lot of opportunities. Let’s be honest! Indian tax rates are unpredictable. GST or Goods and Services Tax can often be complicated, overwhelming business owners, leading them to commit simple mistakes.

Thankfully, GST billing software can streamline financial aspects of your business, helping you to stay compliant with ever-changing legal parameters. 

Further, you must keep all your transactions handy. It would help you when claiming Input Tax Credit (ITC). Remember, without a tax invoice, your business cannot claim an ITC. Keeping track of all bills and transactions can be a hardship, especially if you are a busy person, always hustling for growth.

That’s when you should opt for a free GST billing software that works in Excel. In this article, we would dissect the 5 best GST billing software in Excel and figure out the benefits you can derive from them.

Let’s start!

Top Free GST Billing Software in Excel

There are a few authentic and practically functional software programs available in the market today. Before selecting the top 5 free GST billing software that works in Excel, we compared all the options in the market based on certain parameters.

  1. myBillBook

myBillBook gives you total control over your GST billing and accounting requirements simply from your desktop or mobile device. To make a sense of this software, you don’t need any accounting experience at all. Yes, that’s the best part. Now, you need not hire manpower for maintaining your accounts. Not only billing, but myBillBook also helps you track receivables/payables, maintain stock, etc.

Features of myBillBook

myBillBook features some great functionalities and automated structures that empower your business in many ways. Here are the features of myBillBook:

  • Now create bills and share them with your customers and associates from anywhere, at any time.
  • Have extensive control over your inventory. Track and modify your inventory on the go.
  • Get access to crucial business reports   
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  • Send WhatsApp payment reminders
  • Receive payments using the Unified Payment Interface (UPI)
  • Add new employees and manage their activities
  • Chat support available 24×7
  • Works on multiple devices; both desktop and mobile
  • Cloud storage with real-time data synchronization between devices
  • Enhanced web security for data safety
  • Vyapar Billing Software

Next, on our list, is Vyapar Billing Software. This software would be ideal for you if you run a small business and you are looking for a GST compatible accounting and invoicing solution. The software allows you to manage your inventory, complete orders, prepare GST bills, and manage reports. Not only that, but Vyapar also enables you to track payments and business expenses. You can create customized invoices on the go and start accepting online payments.

Features of Vyapar Billing Software

Here are the features of Vyapar that make it one of the best GST billing software:

  • Helps you create accurate GST-compliant invoices
  • Prepares estimates and quotations and send invoices via omnichannel (SMS, WhatsApp, or email)
  • Tracks your orders and sales in real-time.
  • Comes with an intuitive dashboard for a convenient user experience.
  • Customizes your invoice for a better customer impression.
  • Vyapar’s state-of-the-art financial management solution allows you to record and track your expenses.
  • Ensure seamless delivery of your goods by creating and linking delivery challans, all with a few clicks.
  • Keeps your data secured, thanks to the software’s in-built back and data recovery features.
  • EasyGST

EasyGST is best suited for entrepreneurs, enterprises, small businesses, Chartered Accountants, and tax professionals. It helps simplify and speed up your financial workflow, keeping it aligned with GST norms and practices. The software helps you with direct GST return uploading, MIS reporting and analysis, GSTR 2A and GSTR 2B reconciliation modules, and more. 

Interestingly, EasyGST also helps you keep track of ITC matches and mismatches. EasyGST comes with a seamless single-window dashboard interface, giving you easy access to tools that solve all your tax filing requirements.

Features of EasyGST

Here are some of the highlighting features of Easy GST that make it a powerful billing software:

  • It helps you generate and upload all types of GST returns (1, 3B, 4, CMP-08, ITC-4, 6, 7, 8, 9, 9C, 10, 11 & others)
  • Helps you prepare and analyze multi-angle reports
  • Import data seamlessly from Excel & Tally
  • Facilitate direct online tax payments
  • Enables you to print return summaries with extensive transactional details
  • Helps you calculate net tax liability
  • State-of-the-art, yet simple, dashboard for smooth operations
  • Allows email integration
  • GoGSTBill

GoGSTBill caters to both small and large businesses. It is a simple GST billing system, thanks to its extensive functions, which helps business owners efficiently improve and streamline transactional processes. The software is compatible with GST laws, making your GST billing process a breeze. Now you can monitor your stocks and fulfill orders on the go. GoGSTBill’s simple interface helps you prepare proforma invoices and quotations instantly.

Features of GoGSTBill

Following are the best features that GoGSTBill offers its users:

  • Generates instant invoices within 10 seconds with an automated GST application system
  • Eliminates the need for manual filling of customer details. Now do it with just one click.
  • Helps create free staff accounts and manage your finances with more manpower
  • You can share invoices with your customers on Whatsapp and email
  • Now you can generate invoices in multiple currencies with ease
  • Helps generate company ledger and product reports on the go
  • You can generate JSON files and get going with E-Way billing
  • 24×7 phone and email support
     
  • ClearTax GST

Last, but not least, ClearTax is one of the premier GST billing software in India. Save time and money with ClearTax’s complete tax solutions and expert support. Get access to the software’s built-in GST-compliant e-filing modules for accurate income tax returns. With ClearTax, you can detect errors before uploading GSTIN documents. This particular feature helps lower fines and submit taxes on time.

Features of ClearTax

Here are some of the industry leading features that ClearTax offers to its users:

  • Helps generate comprehensive GST-compliant invoices
  • Now prepare automated documents with in-built GST calculation
  • Track pending payments and send follow-ups in pre-set intervals
  • Manage and track your stock with automated updates
  • Easily identify multiple payments for a single invoice
  • Eliminate instances of penalty, thanks to the software’s automatic error detection module
  • Prepare MIS reports and collaborate with your finance team right from the software

Conclusion Irrespective of whether you are a brick-and-mortar store owner, e-commerce businessman, or freelancer, choosing the right GST billing software can help streamline your cash flow. We believe that our list of the 5 best free GST billing software in Excel will help you take control of your business finances. Now is your time to accelerate your enterprise growth. So, which software did you like the most? Do let us know.