Therefore, a good GST accounting software should handle these tasks efficiently.2.
GST Ready ReportingReporting plays a pivotal role, where taxpayers have to file monthly/quarterly/annually returns.
Having a GST accounting software eliminates those troubles for taxpayers or accounting professionals.3.
Input Tax Credit Match/Mismatch ReportsCalculating the Input Tax Credit may cause a headache for taxpayers.
Therefore, the GST software must enable ITC calculation accurately through the ITC Match/mismatch reports.
This helps in taking further action, when needed.4.