What is GST?
GST is a consumption-based tax levied on sale, manufacture, and consumption of goods & services. This tax replaced all indirect tax levied by state and central government. GST is one indirect tax for the entire country.
- CGST: GST is levied on intrastate supplies by the central government.
- SGST: SGST is levied on intrastate supplies by respective state governments.
- IGST: IGST is levied on interstate supplies by the Centre(equal to CGST + SGST combined on supplies.
Output Books – GST Billing & Accounting Software
Output Books is a GST ready Accounting and Billing Software. Create customized invoices based on the business type, track expenses and manage inventory without any accounting knowledge. You can generate GSTR 1, GSTR 2 and GSTR 3B report. It helps in managing all your GST activities to automate workflow.
Output books is suitable for accounting & billing of all industries.
Freelancers, Small, Medium, and Large companies can make use of the software to simplify their accounting process.
Create GST Bill in Output Books
Create GST Bills easily in Output Books. When a GST registered supplier sells goods or services to a customer, GST Bill must be issued. With less effort, create GST invoices, print, and issue it your customers using Output Books – GST Billing and Accounting software.
Output Books GST Bill
Steps for creating a GST bill
Here are the simple steps to create a GST Invoice in Output Books.
Step 1: Create New Invoice
Before we start creating the Invoice, choose the Branch(if available) from which you want to issue the Invoice. You can choose the desired branch using the drop-down associated at the top right. From the left panel, open Sales > Invoice and click New Invoice.
Step 2: Set Invoice date and Due date for Payment
Set the Invoice date(date of issuing invoice) using the calendar icon associated there. Next, set the due date by choosing options such as On receipt / 7days / 15 days, etc within which the payment has to be paid.
Step 3: Select Customer
Select the Customer from the drop-down. The list of customers you have already added will be displayed. Choose from the list or if you want to add a new customer, you can just click “Add” and enter their details. On choosing customer from the list, the GSTIN number, billing, shipping address(if already added) will be displayed.
The place of supply will be automatically displayed based on the shipping address. Once verify whether Place of Supply since it determines the tax. If needed, you can change the Place of Supply from the drop-down present.
Step 4: Choose the GST Invoice Type
Select the Invoice type. If it is Export Invoice, choose Export related types or else you can choose
“Regular” type.
Step 5: Add Item & Generate Payment Amount
Choose the desired item from the Items menu. Once selecting the item, the rate, HSN / SAC, units, discount, IGST, or CGST and SGST applicable for the item will be automatically updated. You can add quantities manually.
Step 6: Add Other Information
Enable Reverse Charge if applicable. Under Reverse charge, the invoice recipient will have to pay GST amount directly to Government.
You can round-off the amount if needed. Default Notes, Terms & Conditions will be auto-loaded if already added. Choose the Bank name to display your bank account details(if already added). Assign a Sales representative to follow up on the Invoice payment.
Add attachments(if any) to the GST Invoice. Set authorized digital signature too.
Step 7: Create GST Bill / GST Invoice
After updating all information, click “Save” to generate a GST Bill. You can download the invoice as PDF and also print Invoice using the “Print” option. Send the generated GST bill to the customer email ID directly from Output Books.