Key Features for GST Compliance
For Indian businesses, an invoicing app must offer robust GST compliance features to ensure seamless operations and avoid penalties. Look for apps that provide automatic GST calculations, including CGST, SGST, and IGST, based on transaction type and location, along with accurate HSN/SAC code application. The app should support both GST and non-GST billing, allowing flexibility for all your business needs. A critical feature is automatic e-invoicing and e-way bill generation, especially for eligible businesses exceeding specific turnover thresholds. This includes generating a unique Invoice Reference Number (IRN) and QR code, with real-time data validation against the Invoice Registration Portal (IRP) to minimize errors. Furthermore, seamless integration with GSTR-1 and GSTR-3B is essential, as the app should automatically generate these reports directly from your sales and purchase data, simplifying your GST filing process.