As the business world continues to evolve, the importance of efficient billing and invoicing systems has never been greater. For small and medium-sized businesses (SMBs) in India, staying compliant with Goods and Services Tax (GST) regulations is crucial. However, many businesses face challenges in generating accurate GST-compliant invoices and maintaining proper records for tax filing. Realkeeper, a comprehensive billing and invoicing software, emerges as a solution to this growing need. It simplifies the complexities of GST billing and offers a full suite of tools to help businesses manage their finances smoothly.
In this blog, we’ll explore how Realkeeper can serve as the complete solution for your GST billing and invoicing needs, addressing every aspect of the process, from automation to GST return filing.
The Importance of GST-Compliant Billing and Invoicing
The GST regime, introduced in 2017, revolutionized the taxation landscape in India. Replacing a myriad of indirect taxes, GST aimed to simplify the tax structure by bringing it under one umbrella. Businesses are required to generate GST-compliant invoices that include detailed tax components such as CGST, SGST, and IGST, based on the nature of the transaction.
A GST-compliant invoice must contain:
- The GSTIN of the supplier
- The GSTIN of the recipient (if registered)
- HSN or SAC codes for goods and services
- Taxable value of goods or services
- Applicable GST rates and amounts for CGST, SGST, and IGST
- Place of supply, particularly for interstate transactions
- Terms of payment and delivery details
Failing to generate these invoices correctly can result in penalties and complicate the process of filing returns. With Realkeeper, businesses can automate these critical aspects, ensuring every invoice is compliant with current GST regulations.
Realkeeper: The Complete GST Billing Solution
Realkeeper is designed to make GST billing and invoicing straightforward and hassle-free. Let’s break down the key features of Realkeeper that make it the ultimate solution for businesses managing their GST compliance.
1. Automated GST-Compliant Invoice Generation
One of the standout features of Realkeeper is its ability to generate fully automated GST-compliant invoices. The software ensures that all required details are included in every invoice, from the correct GSTIN to accurate tax rates. The automation reduces the chances of errors and speeds up the invoicing process, which is especially useful for businesses dealing with high invoice volumes.
Realkeeper’s invoice templates are customizable, allowing you to tailor the layout and design to match your brand. The ability to generate invoices on-demand or in batches ensures that businesses can meet customer expectations with efficiency and professionalism.
2. Comprehensive Multi-Tax Support
GST is a destination-based tax, meaning the rate applied can vary depending on whether the transaction is intra-state or interstate. For example, for intra-state transactions, both Central GST (CGST) and State GST (SGST) are applied, while for interstate transactions, Integrated GST (IGST) is used.
Realkeeper handles these multi-tax scenarios with ease. The software can automatically apply the correct GST rates based on the location of the buyer and seller, ensuring compliance with applicable laws. Additionally, it supports various GST slabs (0%, 5%, 12%, 18%, 28%) and applies them accurately depending on the goods or services being sold.
3. Real-Time GST Reports and Analytics
Accurate reporting is essential for businesses to file GST returns and manage tax liabilities. Realkeeper provides real-time GST reports that summarize the taxes collected and input credits. These reports can be generated with just a few clicks, giving business owners insights into their tax obligations at any moment.
The software offers different types of reports, such as:
- Sales and Purchase Reports: Track sales and purchases with a breakdown of GST collected and input credits available.
- GST Liability Report: View the total amount of GST collected during a given period.
- Input Tax Credit (ITC) Report: Track GST paid on purchases, helping you claim the right amount of ITC.
These reports are available in formats compatible with GST return filings, making it easier to submit returns accurately and on time.
4. Integrated GST Return Filing
One of the most time-consuming aspects of GST compliance is filing returns. Businesses are required to file various types of returns, such as GSTR-1, GSTR-3B, and GSTR-9, each with its own set of requirements. Realkeeper simplifies this process by automatically compiling the necessary data from your transactions and generating ready-to-file returns.
The software reduces the risk of errors during the return filing process by ensuring that every invoice is GST-compliant and that all data is properly organized. The result? Faster, easier, and more accurate return filing, without the need for manual calculations or cross-checking.
5. Integrated Payment Collection
Realkeeper doesn’t stop at billing; it also simplifies the payment collection process. Each invoice generated can include a payment link, enabling customers to pay directly through the invoice. Realkeeper supports multiple payment gateways, offering flexibility to your customers while ensuring that payments are received on time.
This feature enhances your cash flow management by reducing delays in receiving payments. Businesses can track paid and unpaid invoices in real time, set reminders for overdue payments, and issue payment receipts automatically once a transaction is completed.
6. WhatsApp Marketing and Communication
In today’s competitive business environment, communication with clients is crucial. Realkeeper comes with an integrated WhatsApp marketing feature that allows businesses to communicate directly with clients about invoices, promotional offers, payment reminders, and more.
This integration allows you to send invoices via WhatsApp, ensuring faster delivery and acknowledgment. By using WhatsApp, a familiar and widely-used communication platform, businesses can increase their reach and build stronger relationships with their clients.
7. Live Website Integration
For businesses looking to expand their online presence, Realkeeper offers an integrated live website feature. This feature allows you to showcase your products or services online and accept orders or payments through the website. The live website is automatically updated with every new product or service you add to the system.
This integration bridges the gap between online sales and GST compliance by generating GST-compliant invoices for online transactions. It’s an ideal feature for retail businesses, service providers, and eCommerce ventures that want to streamline their operations and grow their digital presence.
8. Multi-Device Accessibility
Whether you’re in the office or on the go, Realkeeper ensures that you have access to your billing and invoicing software from any device. The cloud-based system allows you to work on your desktop, laptop, or mobile, making it easy to generate invoices, track payments, and access reports from anywhere.
This flexibility is essential for modern businesses where operations are often spread across multiple locations or involve remote work.
9. User-Friendly Interface and Customization
Ease of use is a critical factor when choosing billing software. Realkeeper is designed with a simple, intuitive interface that ensures even users with minimal technical expertise can navigate the system with ease. The software’s dashboard provides a comprehensive overview of your financials, including pending invoices, total sales, and tax liabilities.
Realkeeper’s customization options allow businesses to personalize their invoices, reports, and overall user experience. The ability to add your logo, brand colors, and other custom elements gives your invoices a professional look while reinforcing brand identity.
Why Realkeeper is the Ideal Choice for GST Billing
Realkeeper is more than just a billing software; it’s an all-in-one financial management solution that simplifies GST compliance for businesses of all sizes. Here are some of the key benefits that make Realkeeper stand out as the ideal choice for GST billing and invoicing:
- Compliance Made Easy: Automated GST compliance, reducing the risk of errors and penalties.
- Increased Efficiency: Streamlined invoicing, payment collection, and reporting processes save time and resources.
- Better Cash Flow Management: Integrated payment solutions help businesses collect payments faster and improve cash flow.
- Scalability: Realkeeper is designed to grow with your business, whether you’re a small retailer or a large enterprise.
Conclusion
Staying GST-compliant is essential for businesses, but it doesn’t have to be a complicated process. With Realkeeper, you have a comprehensive solution that automates billing, invoicing, and GST return filing. From customizable invoices to integrated payment collection and real-time reporting, Realkeeper simplifies every aspect of your business’s financial management.
By choosing Realkeeper, you’re not just investing in software; you’re investing in the future of your business, ensuring compliance, efficiency, and growth. Start your journey with Realkeeper today and experience the ease of a complete GST billing and invoicing solution.
As the business world continues to evolve, the importance of efficient billing and invoicing systems has never been greater. For small and medium-sized businesses (SMBs) in India, staying compliant with Goods and Services Tax (GST) regulations is crucial. However, many businesses face challenges in generating accurate GST-compliant invoices and maintaining proper records for tax filing. Realkeeper, a comprehensive billing and invoicing software, emerges as a solution to this growing need. It simplifies the complexities of GST billing and offers a full suite of tools to help businesses manage their finances smoothly.
In this blog, we’ll explore how Realkeeper can serve as the complete solution for your GST billing and invoicing needs, addressing every aspect of the process, from automation to GST return filing.
The Importance of GST-Compliant Billing and Invoicing
The GST regime, introduced in 2017, revolutionized the taxation landscape in India. Replacing a myriad of indirect taxes, GST aimed to simplify the tax structure by bringing it under one umbrella. Businesses are required to generate GST-compliant invoices that include detailed tax components such as CGST, SGST, and IGST, based on the nature of the transaction.
A GST-compliant invoice must contain:
- The GSTIN of the supplier
- The GSTIN of the recipient (if registered)
- HSN or SAC codes for goods and services
- Taxable value of goods or services
- Applicable GST rates and amounts for CGST, SGST, and IGST
- Place of supply, particularly for interstate transactions
- Terms of payment and delivery details
Failing to generate these invoices correctly can result in penalties and complicate the process of filing returns. With Realkeeper, businesses can automate these critical aspects, ensuring every invoice is compliant with current GST regulations.
Realkeeper: The Complete GST Billing Solution
Realkeeper is designed to make GST billing and invoicing straightforward and hassle-free. Let’s break down the key features of Realkeeper that make it the ultimate solution for businesses managing their GST compliance.
1. Automated GST-Compliant Invoice Generation
One of the standout features of Realkeeper is its ability to generate fully automated GST-compliant invoices. The software ensures that all required details are included in every invoice, from the correct GSTIN to accurate tax rates. The automation reduces the chances of errors and speeds up the invoicing process, which is especially useful for businesses dealing with high invoice volumes.
Realkeeper’s invoice templates are customizable, allowing you to tailor the layout and design to match your brand. The ability to generate invoices on-demand or in batches ensures that businesses can meet customer expectations with efficiency and professionalism.
2. Comprehensive Multi-Tax Support
GST is a destination-based tax, meaning the rate applied can vary depending on whether the transaction is intra-state or interstate. For example, for intra-state transactions, both Central GST (CGST) and State GST (SGST) are applied, while for interstate transactions, Integrated GST (IGST) is used.
Realkeeper handles these multi-tax scenarios with ease. The software can automatically apply the correct GST rates based on the location of the buyer and seller, ensuring compliance with applicable laws. Additionally, it supports various GST slabs (0%, 5%, 12%, 18%, 28%) and applies them accurately depending on the goods or services being sold.
3. Real-Time GST Reports and Analytics
Accurate reporting is essential for businesses to file GST returns and manage tax liabilities. Realkeeper provides real-time GST reports that summarize the taxes collected and input credits. These reports can be generated with just a few clicks, giving business owners insights into their tax obligations at any moment.
The software offers different types of reports, such as:
- Sales and Purchase Reports: Track sales and purchases with a breakdown of GST collected and input credits available.
- GST Liability Report: View the total amount of GST collected during a given period.
- Input Tax Credit (ITC) Report: Track GST paid on purchases, helping you claim the right amount of ITC.
These reports are available in formats compatible with GST return filings, making it easier to submit returns accurately and on time.
4. Integrated GST Return Filing
One of the most time-consuming aspects of GST compliance is filing returns. Businesses are required to file various types of returns, such as GSTR-1, GSTR-3B, and GSTR-9, each with its own set of requirements. Realkeeper simplifies this process by automatically compiling the necessary data from your transactions and generating ready-to-file returns.
The software reduces the risk of errors during the return filing process by ensuring that every invoice is GST-compliant and that all data is properly organized. The result? Faster, easier, and more accurate return filing, without the need for manual calculations or cross-checking.
5. Integrated Payment Collection
Realkeeper doesn’t stop at billing; it also simplifies the payment collection process. Each invoice generated can include a payment link, enabling customers to pay directly through the invoice. Realkeeper supports multiple payment gateways, offering flexibility to your customers while ensuring that payments are received on time.
This feature enhances your cash flow management by reducing delays in receiving payments. Businesses can track paid and unpaid invoices in real time, set reminders for overdue payments, and issue payment receipts automatically once a transaction is completed.
6. WhatsApp Marketing and Communication
In today’s competitive business environment, communication with clients is crucial. Realkeeper comes with an integrated WhatsApp marketing feature that allows businesses to communicate directly with clients about invoices, promotional offers, payment reminders, and more.
This integration allows you to send invoices via WhatsApp, ensuring faster delivery and acknowledgment. By using WhatsApp, a familiar and widely-used communication platform, businesses can increase their reach and build stronger relationships with their clients.
7. Live Website Integration
For businesses looking to expand their online presence, Realkeeper offers an integrated live website feature. This feature allows you to showcase your products or services online and accept orders or payments through the website. The live website is automatically updated with every new product or service you add to the system.
This integration bridges the gap between online sales and GST compliance by generating GST-compliant invoices for online transactions. It’s an ideal feature for retail businesses, service providers, and eCommerce ventures that want to streamline their operations and grow their digital presence.
8. Multi-Device Accessibility
Whether you’re in the office or on the go, Realkeeper ensures that you have access to your billing and invoicing software from any device. The cloud-based system allows you to work on your desktop, laptop, or mobile, making it easy to generate invoices, track payments, and access reports from anywhere.
This flexibility is essential for modern businesses where operations are often spread across multiple locations or involve remote work.
9. User-Friendly Interface and Customization
Ease of use is a critical factor when choosing billing software. Realkeeper is designed with a simple, intuitive interface that ensures even users with minimal technical expertise can navigate the system with ease. The software’s dashboard provides a comprehensive overview of your financials, including pending invoices, total sales, and tax liabilities.
Realkeeper’s customization options allow businesses to personalize their invoices, reports, and overall user experience. The ability to add your logo, brand colors, and other custom elements gives your invoices a professional look while reinforcing brand identity.
Why Realkeeper is the Ideal Choice for GST Billing
Realkeeper is more than just a billing software; it’s an all-in-one financial management solution that simplifies GST compliance for businesses of all sizes. Here are some of the key benefits that make Realkeeper stand out as the ideal choice for GST billing and invoicing:
- Compliance Made Easy: Automated GST compliance, reducing the risk of errors and penalties.
- Increased Efficiency: Streamlined invoicing, payment collection, and reporting processes save time and resources.
- Better Cash Flow Management: Integrated payment solutions help businesses collect payments faster and improve cash flow.
- Scalability: Realkeeper is designed to grow with your business, whether you’re a small retailer or a large enterprise.
Conclusion
Staying GST-compliant is essential for businesses, but it doesn’t have to be a complicated process. With Realkeeper, you have a comprehensive solution that automates billing, invoicing, and GST return filing. From customizable invoices to integrated payment collection and real-time reporting, Realkeeper simplifies every aspect of your business’s financial management.
By choosing Realkeeper, you’re not just investing in software; you’re investing in the future of your business, ensuring compliance, efficiency, and growth. Start your journey with Realkeeper today and experience the ease of a complete GST billing and invoicing solution.
As the business world continues to evolve, the importance of efficient billing and invoicing systems has never been greater. For small and medium-sized businesses (SMBs) in India, staying compliant with Goods and Services Tax (GST) regulations is crucial. However, many businesses face challenges in generating accurate GST-compliant invoices and maintaining proper records for tax filing. Realkeeper, a comprehensive billing and invoicing software, emerges as a solution to this growing need. It simplifies the complexities of GST billing and offers a full suite of tools to help businesses manage their finances smoothly.
In this blog, we’ll explore how Realkeeper can serve as the complete solution for your GST billing and invoicing needs, addressing every aspect of the process, from automation to GST return filing.
The Importance of GST-Compliant Billing and Invoicing
The GST regime, introduced in 2017, revolutionized the taxation landscape in India. Replacing a myriad of indirect taxes, GST aimed to simplify the tax structure by bringing it under one umbrella. Businesses are required to generate GST-compliant invoices that include detailed tax components such as CGST, SGST, and IGST, based on the nature of the transaction.
A GST-compliant invoice must contain:
- The GSTIN of the supplier
- The GSTIN of the recipient (if registered)
- HSN or SAC codes for goods and services
- Taxable value of goods or services
- Applicable GST rates and amounts for CGST, SGST, and IGST
- Place of supply, particularly for interstate transactions
- Terms of payment and delivery details
Failing to generate these invoices correctly can result in penalties and complicate the process of filing returns. With Realkeeper, businesses can automate these critical aspects, ensuring every invoice is compliant with current GST regulations.
Realkeeper: The Complete GST Billing Solution
Realkeeper is designed to make GST billing and invoicing straightforward and hassle-free. Let’s break down the key features of Realkeeper that make it the ultimate solution for businesses managing their GST compliance.
1. Automated GST-Compliant Invoice Generation
One of the standout features of Realkeeper is its ability to generate fully automated GST-compliant invoices. The software ensures that all required details are included in every invoice, from the correct GSTIN to accurate tax rates. The automation reduces the chances of errors and speeds up the invoicing process, which is especially useful for businesses dealing with high invoice volumes.
Realkeeper’s invoice templates are customizable, allowing you to tailor the layout and design to match your brand. The ability to generate invoices on-demand or in batches ensures that businesses can meet customer expectations with efficiency and professionalism.
2. Comprehensive Multi-Tax Support
GST is a destination-based tax, meaning the rate applied can vary depending on whether the transaction is intra-state or interstate. For example, for intra-state transactions, both Central GST (CGST) and State GST (SGST) are applied, while for interstate transactions, Integrated GST (IGST) is used.
Realkeeper handles these multi-tax scenarios with ease. The software can automatically apply the correct GST rates based on the location of the buyer and seller, ensuring compliance with applicable laws. Additionally, it supports various GST slabs (0%, 5%, 12%, 18%, 28%) and applies them accurately depending on the goods or services being sold.
3. Real-Time GST Reports and Analytics
Accurate reporting is essential for businesses to file GST returns and manage tax liabilities. Realkeeper provides real-time GST reports that summarize the taxes collected and input credits. These reports can be generated with just a few clicks, giving business owners insights into their tax obligations at any moment.
The software offers different types of reports, such as:
- Sales and Purchase Reports: Track sales and purchases with a breakdown of GST collected and input credits available.
- GST Liability Report: View the total amount of GST collected during a given period.
- Input Tax Credit (ITC) Report: Track GST paid on purchases, helping you claim the right amount of ITC.
These reports are available in formats compatible with GST return filings, making it easier to submit returns accurately and on time.
4. Integrated GST Return Filing
One of the most time-consuming aspects of GST compliance is filing returns. Businesses are required to file various types of returns, such as GSTR-1, GSTR-3B, and GSTR-9, each with its own set of requirements. Realkeeper simplifies this process by automatically compiling the necessary data from your transactions and generating ready-to-file returns.
The software reduces the risk of errors during the return filing process by ensuring that every invoice is GST-compliant and that all data is properly organized. The result? Faster, easier, and more accurate return filing, without the need for manual calculations or cross-checking.
5. Integrated Payment Collection
Realkeeper doesn’t stop at billing; it also simplifies the payment collection process. Each invoice generated can include a payment link, enabling customers to pay directly through the invoice. Realkeeper supports multiple payment gateways, offering flexibility to your customers while ensuring that payments are received on time.
This feature enhances your cash flow management by reducing delays in receiving payments. Businesses can track paid and unpaid invoices in real time, set reminders for overdue payments, and issue payment receipts automatically once a transaction is completed.
6. WhatsApp Marketing and Communication
In today’s competitive business environment, communication with clients is crucial. Realkeeper comes with an integrated WhatsApp marketing feature that allows businesses to communicate directly with clients about invoices, promotional offers, payment reminders, and more.
This integration allows you to send invoices via WhatsApp, ensuring faster delivery and acknowledgment. By using WhatsApp, a familiar and widely-used communication platform, businesses can increase their reach and build stronger relationships with their clients.
7. Live Website Integration
For businesses looking to expand their online presence, Realkeeper offers an integrated live website feature. This feature allows you to showcase your products or services online and accept orders or payments through the website. The live website is automatically updated with every new product or service you add to the system.
This integration bridges the gap between online sales and GST compliance by generating GST-compliant invoices for online transactions. It’s an ideal feature for retail businesses, service providers, and eCommerce ventures that want to streamline their operations and grow their digital presence.
8. Multi-Device Accessibility
Whether you’re in the office or on the go, Realkeeper ensures that you have access to your billing and invoicing software from any device. The cloud-based system allows you to work on your desktop, laptop, or mobile, making it easy to generate invoices, track payments, and access reports from anywhere.
This flexibility is essential for modern businesses where operations are often spread across multiple locations or involve remote work.
9. User-Friendly Interface and Customization
Ease of use is a critical factor when choosing billing software. Realkeeper is designed with a simple, intuitive interface that ensures even users with minimal technical expertise can navigate the system with ease. The software’s dashboard provides a comprehensive overview of your financials, including pending invoices, total sales, and tax liabilities.
Realkeeper’s customization options allow businesses to personalize their invoices, reports, and overall user experience. The ability to add your logo, brand colors, and other custom elements gives your invoices a professional look while reinforcing brand identity.
Why Realkeeper is the Ideal Choice for GST Billing
Realkeeper is more than just a billing software; it’s an all-in-one financial management solution that simplifies GST compliance for businesses of all sizes. Here are some of the key benefits that make Realkeeper stand out as the ideal choice for GST billing and invoicing:
- Compliance Made Easy: Automated GST compliance, reducing the risk of errors and penalties.
- Increased Efficiency: Streamlined invoicing, payment collection, and reporting processes save time and resources.
- Better Cash Flow Management: Integrated payment solutions help businesses collect payments faster and improve cash flow.
- Scalability: Realkeeper is designed to grow with your business, whether you’re a small retailer or a large enterprise.
Conclusion
Staying GST-compliant is essential for businesses, but it doesn’t have to be a complicated process. With Realkeeper, you have a comprehensive solution that automates billing, invoicing, and GST return filing. From customizable invoices to integrated payment collection and real-time reporting, Realkeeper simplifies every aspect of your business’s financial management.
By choosing Realkeeper, you’re not just investing in software; you’re investing in the future of your business, ensuring compliance, efficiency, and growth. Start your journey with Realkeeper today and experience the ease of a complete GST billing and invoicing solution.
As the business world continues to evolve, the importance of efficient billing and invoicing systems has never been greater. For small and medium-sized businesses (SMBs) in India, staying compliant with Goods and Services Tax (GST) regulations is crucial. However, many businesses face challenges in generating accurate GST-compliant invoices and maintaining proper records for tax filing. Realkeeper, a comprehensive billing and invoicing software, emerges as a solution to this growing need. It simplifies the complexities of GST billing and offers a full suite of tools to help businesses manage their finances smoothly.
In this blog, we’ll explore how Realkeeper can serve as the complete solution for your GST billing and invoicing needs, addressing every aspect of the process, from automation to GST return filing.
The Importance of GST-Compliant Billing and Invoicing
The GST regime, introduced in 2017, revolutionized the taxation landscape in India. Replacing a myriad of indirect taxes, GST aimed to simplify the tax structure by bringing it under one umbrella. Businesses are required to generate GST-compliant invoices that include detailed tax components such as CGST, SGST, and IGST, based on the nature of the transaction.
A GST-compliant invoice must contain:
- The GSTIN of the supplier
- The GSTIN of the recipient (if registered)
- HSN or SAC codes for goods and services
- Taxable value of goods or services
- Applicable GST rates and amounts for CGST, SGST, and IGST
- Place of supply, particularly for interstate transactions
- Terms of payment and delivery details
Failing to generate these invoices correctly can result in penalties and complicate the process of filing returns. With Realkeeper, businesses can automate these critical aspects, ensuring every invoice is compliant with current GST regulations.
Realkeeper: The Complete GST Billing Solution
Realkeeper is designed to make GST billing and invoicing straightforward and hassle-free. Let’s break down the key features of Realkeeper that make it the ultimate solution for businesses managing their GST compliance.
1. Automated GST-Compliant Invoice Generation
One of the standout features of Realkeeper is its ability to generate fully automated GST-compliant invoices. The software ensures that all required details are included in every invoice, from the correct GSTIN to accurate tax rates. The automation reduces the chances of errors and speeds up the invoicing process, which is especially useful for businesses dealing with high invoice volumes.
Realkeeper’s invoice templates are customizable, allowing you to tailor the layout and design to match your brand. The ability to generate invoices on-demand or in batches ensures that businesses can meet customer expectations with efficiency and professionalism.
2. Comprehensive Multi-Tax Support
GST is a destination-based tax, meaning the rate applied can vary depending on whether the transaction is intra-state or interstate. For example, for intra-state transactions, both Central GST (CGST) and State GST (SGST) are applied, while for interstate transactions, Integrated GST (IGST) is used.
Realkeeper handles these multi-tax scenarios with ease. The software can automatically apply the correct GST rates based on the location of the buyer and seller, ensuring compliance with applicable laws. Additionally, it supports various GST slabs (0%, 5%, 12%, 18%, 28%) and applies them accurately depending on the goods or services being sold.
3. Real-Time GST Reports and Analytics
Accurate reporting is essential for businesses to file GST returns and manage tax liabilities. Realkeeper provides real-time GST reports that summarize the taxes collected and input credits. These reports can be generated with just a few clicks, giving business owners insights into their tax obligations at any moment.
The software offers different types of reports, such as:
- Sales and Purchase Reports: Track sales and purchases with a breakdown of GST collected and input credits available.
- GST Liability Report: View the total amount of GST collected during a given period.
- Input Tax Credit (ITC) Report: Track GST paid on purchases, helping you claim the right amount of ITC.
These reports are available in formats compatible with GST return filings, making it easier to submit returns accurately and on time.
4. Integrated GST Return Filing
One of the most time-consuming aspects of GST compliance is filing returns. Businesses are required to file various types of returns, such as GSTR-1, GSTR-3B, and GSTR-9, each with its own set of requirements. Realkeeper simplifies this process by automatically compiling the necessary data from your transactions and generating ready-to-file returns.
The software reduces the risk of errors during the return filing process by ensuring that every invoice is GST-compliant and that all data is properly organized. The result? Faster, easier, and more accurate return filing, without the need for manual calculations or cross-checking.
5. Integrated Payment Collection
Realkeeper doesn’t stop at billing; it also simplifies the payment collection process. Each invoice generated can include a payment link, enabling customers to pay directly through the invoice. Realkeeper supports multiple payment gateways, offering flexibility to your customers while ensuring that payments are received on time.
This feature enhances your cash flow management by reducing delays in receiving payments. Businesses can track paid and unpaid invoices in real time, set reminders for overdue payments, and issue payment receipts automatically once a transaction is completed.
6. WhatsApp Marketing and Communication
In today’s competitive business environment, communication with clients is crucial. Realkeeper comes with an integrated WhatsApp marketing feature that allows businesses to communicate directly with clients about invoices, promotional offers, payment reminders, and more.
This integration allows you to send invoices via WhatsApp, ensuring faster delivery and acknowledgment. By using WhatsApp, a familiar and widely-used communication platform, businesses can increase their reach and build stronger relationships with their clients.
7. Live Website Integration
For businesses looking to expand their online presence, Realkeeper offers an integrated live website feature. This feature allows you to showcase your products or services online and accept orders or payments through the website. The live website is automatically updated with every new product or service you add to the system.
This integration bridges the gap between online sales and GST compliance by generating GST-compliant invoices for online transactions. It’s an ideal feature for retail businesses, service providers, and eCommerce ventures that want to streamline their operations and grow their digital presence.
8. Multi-Device Accessibility
Whether you’re in the office or on the go, Realkeeper ensures that you have access to your billing and invoicing software from any device. The cloud-based system allows you to work on your desktop, laptop, or mobile, making it easy to generate invoices, track payments, and access reports from anywhere.
This flexibility is essential for modern businesses where operations are often spread across multiple locations or involve remote work.
9. User-Friendly Interface and Customization
Ease of use is a critical factor when choosing billing software. Realkeeper is designed with a simple, intuitive interface that ensures even users with minimal technical expertise can navigate the system with ease. The software’s dashboard provides a comprehensive overview of your financials, including pending invoices, total sales, and tax liabilities.
Realkeeper’s customization options allow businesses to personalize their invoices, reports, and overall user experience. The ability to add your logo, brand colors, and other custom elements gives your invoices a professional look while reinforcing brand identity.
Why Realkeeper is the Ideal Choice for GST Billing
Realkeeper is more than just a billing software; it’s an all-in-one financial management solution that simplifies GST compliance for businesses of all sizes. Here are some of the key benefits that make Realkeeper stand out as the ideal choice for GST billing and invoicing:
- Compliance Made Easy: Automated GST compliance, reducing the risk of errors and penalties.
- Increased Efficiency: Streamlined invoicing, payment collection, and reporting processes save time and resources.
- Better Cash Flow Management: Integrated payment solutions help businesses collect payments faster and improve cash flow.
- Scalability: Realkeeper is designed to grow with your business, whether you’re a small retailer or a large enterprise.
Conclusion
Staying GST-compliant is essential for businesses, but it doesn’t have to be a complicated process. With Realkeeper, you have a comprehensive solution that automates billing, invoicing, and GST return filing. From customizable invoices to integrated payment collection and real-time reporting, Realkeeper simplifies every aspect of your business’s financial management.
By choosing Realkeeper, you’re not just investing in software; you’re investing in the future of your business, ensuring compliance, efficiency, and growth. Start your journey with Realkeeper today and experience the ease of a complete GST billing and invoicing solution.
As the business world continues to evolve, the importance of efficient billing and invoicing systems has never been greater. For small and medium-sized businesses (SMBs) in India, staying compliant with Goods and Services Tax (GST) regulations is crucial. However, many businesses face challenges in generating accurate GST-compliant invoices and maintaining proper records for tax filing. Realkeeper, a comprehensive billing and invoicing software, emerges as a solution to this growing need. It simplifies the complexities of GST billing and offers a full suite of tools to help businesses manage their finances smoothly.
In this blog, we’ll explore how Realkeeper can serve as the complete solution for your GST billing and invoicing needs, addressing every aspect of the process, from automation to GST return filing.
The Importance of GST-Compliant Billing and Invoicing
The GST regime, introduced in 2017, revolutionized the taxation landscape in India. Replacing a myriad of indirect taxes, GST aimed to simplify the tax structure by bringing it under one umbrella. Businesses are required to generate GST-compliant invoices that include detailed tax components such as CGST, SGST, and IGST, based on the nature of the transaction.
A GST-compliant invoice must contain:
- The GSTIN of the supplier
- The GSTIN of the recipient (if registered)
- HSN or SAC codes for goods and services
- Taxable value of goods or services
- Applicable GST rates and amounts for CGST, SGST, and IGST
- Place of supply, particularly for interstate transactions
- Terms of payment and delivery details
Failing to generate these invoices correctly can result in penalties and complicate the process of filing returns. With Realkeeper, businesses can automate these critical aspects, ensuring every invoice is compliant with current GST regulations.
Realkeeper: The Complete GST Billing Solution
Realkeeper is designed to make GST billing and invoicing straightforward and hassle-free. Let’s break down the key features of Realkeeper that make it the ultimate solution for businesses managing their GST compliance.
1. Automated GST-Compliant Invoice Generation
One of the standout features of Realkeeper is its ability to generate fully automated GST-compliant invoices. The software ensures that all required details are included in every invoice, from the correct GSTIN to accurate tax rates. The automation reduces the chances of errors and speeds up the invoicing process, which is especially useful for businesses dealing with high invoice volumes.
Realkeeper’s invoice templates are customizable, allowing you to tailor the layout and design to match your brand. The ability to generate invoices on-demand or in batches ensures that businesses can meet customer expectations with efficiency and professionalism.
2. Comprehensive Multi-Tax Support
GST is a destination-based tax, meaning the rate applied can vary depending on whether the transaction is intra-state or interstate. For example, for intra-state transactions, both Central GST (CGST) and State GST (SGST) are applied, while for interstate transactions, Integrated GST (IGST) is used.
Realkeeper handles these multi-tax scenarios with ease. The software can automatically apply the correct GST rates based on the location of the buyer and seller, ensuring compliance with applicable laws. Additionally, it supports various GST slabs (0%, 5%, 12%, 18%, 28%) and applies them accurately depending on the goods or services being sold.
3. Real-Time GST Reports and Analytics
Accurate reporting is essential for businesses to file GST returns and manage tax liabilities. Realkeeper provides real-time GST reports that summarize the taxes collected and input credits. These reports can be generated with just a few clicks, giving business owners insights into their tax obligations at any moment.
The software offers different types of reports, such as:
- Sales and Purchase Reports: Track sales and purchases with a breakdown of GST collected and input credits available.
- GST Liability Report: View the total amount of GST collected during a given period.
- Input Tax Credit (ITC) Report: Track GST paid on purchases, helping you claim the right amount of ITC.
These reports are available in formats compatible with GST return filings, making it easier to submit returns accurately and on time.
4. Integrated GST Return Filing
One of the most time-consuming aspects of GST compliance is filing returns. Businesses are required to file various types of returns, such as GSTR-1, GSTR-3B, and GSTR-9, each with its own set of requirements. Realkeeper simplifies this process by automatically compiling the necessary data from your transactions and generating ready-to-file returns.
The software reduces the risk of errors during the return filing process by ensuring that every invoice is GST-compliant and that all data is properly organized. The result? Faster, easier, and more accurate return filing, without the need for manual calculations or cross-checking.
5. Integrated Payment Collection
Realkeeper doesn’t stop at billing; it also simplifies the payment collection process. Each invoice generated can include a payment link, enabling customers to pay directly through the invoice. Realkeeper supports multiple payment gateways, offering flexibility to your customers while ensuring that payments are received on time.
This feature enhances your cash flow management by reducing delays in receiving payments. Businesses can track paid and unpaid invoices in real time, set reminders for overdue payments, and issue payment receipts automatically once a transaction is completed.
6. WhatsApp Marketing and Communication
In today’s competitive business environment, communication with clients is crucial. Realkeeper comes with an integrated WhatsApp marketing feature that allows businesses to communicate directly with clients about invoices, promotional offers, payment reminders, and more.
This integration allows you to send invoices via WhatsApp, ensuring faster delivery and acknowledgment. By using WhatsApp, a familiar and widely-used communication platform, businesses can increase their reach and build stronger relationships with their clients.
7. Live Website Integration
For businesses looking to expand their online presence, Realkeeper offers an integrated live website feature. This feature allows you to showcase your products or services online and accept orders or payments through the website. The live website is automatically updated with every new product or service you add to the system.
This integration bridges the gap between online sales and GST compliance by generating GST-compliant invoices for online transactions. It’s an ideal feature for retail businesses, service providers, and eCommerce ventures that want to streamline their operations and grow their digital presence.
8. Multi-Device Accessibility
Whether you’re in the office or on the go, Realkeeper ensures that you have access to your billing and invoicing software from any device. The cloud-based system allows you to work on your desktop, laptop, or mobile, making it easy to generate invoices, track payments, and access reports from anywhere.
This flexibility is essential for modern businesses where operations are often spread across multiple locations or involve remote work.
9. User-Friendly Interface and Customization
Ease of use is a critical factor when choosing billing software. Realkeeper is designed with a simple, intuitive interface that ensures even users with minimal technical expertise can navigate the system with ease. The software’s dashboard provides a comprehensive overview of your financials, including pending invoices, total sales, and tax liabilities.
Realkeeper’s customization options allow businesses to personalize their invoices, reports, and overall user experience. The ability to add your logo, brand colors, and other custom elements gives your invoices a professional look while reinforcing brand identity.
Why Realkeeper is the Ideal Choice for GST Billing
Realkeeper is more than just a billing software; it’s an all-in-one financial management solution that simplifies GST compliance for businesses of all sizes. Here are some of the key benefits that make Realkeeper stand out as the ideal choice for GST billing and invoicing:
- Compliance Made Easy: Automated GST compliance, reducing the risk of errors and penalties.
- Increased Efficiency: Streamlined invoicing, payment collection, and reporting processes save time and resources.
- Better Cash Flow Management: Integrated payment solutions help businesses collect payments faster and improve cash flow.
- Scalability: Realkeeper is designed to grow with your business, whether you’re a small retailer or a large enterprise.
Conclusion
Staying GST-compliant is essential for businesses, but it doesn’t have to be a complicated process. With Realkeeper, you have a comprehensive solution that automates billing, invoicing, and GST return filing. From customizable invoices to integrated payment collection and real-time reporting, Realkeeper simplifies every aspect of your business’s financial management.
By choosing Realkeeper, you’re not just investing in software; you’re investing in the future of your business, ensuring compliance, efficiency, and growth. Start your journey with Realkeeper today and experience the ease of a complete GST billing and invoicing solution.
