GST Network (GSTN) on Tuesday said it has partnered with eight billing and accounting software vendors for providing software to micro, small and medium enterprises (MSMEs), with an annual turnover of up to Rs 1.5 crore."GSTN has partnered with eight billing and accounting software vendors for providing software to the micro, small and medium enterprises, with annual turnover under Rs 1.5 crore, in a financial year without any cost to such taxpayers," read a statement issued by GSTN.The software would help create invoices, manage inventory, create account statements and prepare GST returns. It contains basic feature such as sale/purchase/cash ledger, inventory management, supplier/customer masters, generation of invoices, preparation of GST returns for free, while for services like bank reconciliation, account receivable would be chargeable."This is a step towards providing help to MSMEs to move towards digital system so that their efficiency can be improved and their compliance ...
