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Easily manage all of your invoices on the government Invoice Management System (IMS)
From invoice acceptance to seamless ITC management, the GST Invoice Management System (IMS) ensures smooth compliance and GST reconciliation like never before. It also syncs with the government IMS portal.
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Safe and secure. Compliant with RBI guidelines & IndAS
Talk to Sales
Safe and secure. Compliant with RBI guidelines & IndAS
Trusted by more than 3000 companies
The Problem Today
Managing Invoices is Difficult Without Automation
Reconciliation is a crucial step, but performing it manually makes managing GST compliance a complex and time-consuming process. Without automation, taxpayers struggle to manage the volume of invoices and take timely actions.
Compliance is ignored
Invoices are rarely checked for compliance issues - struck off PANs, incorrect GST, MSME,
e-invoice checks and more.
No central database
Invoices and vendor data is distributed, and often inaccessible when required for audits and future reference.
Unreliable OCR systems
Legacy OCR scanning only offers about 65% accuracy, reducing trust in the system and leaving invoices to be checked manually.
The Problem Today
AP teams spend 100s of hours booking invoices
This is not only a waste of time and productivity, but many a times the invoice booking process has compliance loopholes, uses outdated technology and there is no central storage system for audit readiness and future reference.
Compliance is ignored
Invoices are rarely checked for compliance issues - struck off PANs, incorrect GST, MSME,
e-invoice checks and more.
No central database
Invoices and vendor data is distributed, and often inaccessible when required for audits and future reference.
Unreliable OCR systems
Legacy OCR scanning only offers about 65% accuracy, reducing trust in the system and leaving invoices to be checked manually.
Manual Entry - Time &Â Effort
To accept, reject, or defer an invoice, specific details must be entered manually, slowing operations and increasing error risks.
Time-Consuming Data Access
Viewing or analyzing IMS data requires downloading Excel sheets, with a 20-30 minute waiting time, delaying decisions and adding complexity.
Strain on Compliance Teams
These inefficiencies make managing invoices at scale difficult, causing delays and potential financial losses.
Streamline ITC Claims and Invoice Actions Effortlessly with an Invoice Management System (IMS)
Proactive Invoice Management
Effortlessly accept, reject, or mark invoices as pending in the IMS dashboard
Accept, reject, or mark invoices pending directly in the IMS dashboard. Auto-populate accepted invoices in GSTR-3B for seamless ITC claims. Manage pending and rejected invoices efficiently to avoid errors.
Accurate Reconciliation Results
Get precise reconciliation outcomes, enabling taxpayers to take timely and informed actions on invoices
Ensure error-free ITC claims with precise invoice matching. Reconcile invoices with purchase registers and government data.
Centralized Action Point
Manage all actions & trace all invoices from a single Excel sheet with CashFlo
Manage all actions in a single Excel sheet. Ideal for bulk invoice handling, eliminating manual searches. Get alerts for pending invoices to ensure timely compliance.
Time-Saving Efficiency
Save valuable time and resources with faster processes
CashFlo reduces the GST portal’s 20-30 minute IMS report download time significantly. Perform bulk actions on invoices, enhancing efficiency for high-volume transactions.
Audit-Ready ITC Management
Ensure flawless regulatory compliance with structured workflows
Automatically update GSTR-2B with your actions on invoices. Withhold GST components from non-compliant vendors seamlessly.
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What is Compliance and GST?
Compliance with GST (Goods and Services Tax) ensures businesses meet all legal obligations, from GST registration to filing returns and paying GST charges. When you register for GST online or apply for new registration, it's crucial to maintain accurate records and adhere to GST compliance rules. This includes managing GST bills, understanding GST service tax, and staying updated on taxation. For businesses, especially small ones, ensuring proper registration under GST and keeping up with service providers is vital. Whether dealing with GST on laptops or other goods, following the guidelines helps avoid penalties and maintain a solid reputation.
Importance of GST compliance for businessesÂ
Avoidance of Penalties: Ensuring proper GST registration and adherence to compliance prevents fines, interest, and legal action, protecting finances and reputation.
Smooth Operations: Compliance avoids disruptions by preventing delays, blocked ITC, and legal issues, ensuring seamless business operations.
Financial Efficiency: Accurate GST filings and ITC claims help reduce tax liabilities and improve cash flow, enhancing financial management.
Customer and Supplier Trust: Maintaining GST compliance builds credibility and trust with clients and suppliers, reinforcing business relationships.
Ease of Audits: Proper GST records and filings simplify the audit process, reducing disputes and easing the assessment of GST obligations.
Economic Stability: Timely GST payments contribute to national revenue and support economic growth, benefiting the broader economy.
Smooth Operations: Compliance avoids disruptions by preventing delays, blocked ITC, and legal issues, ensuring seamless business operations.
Financial Efficiency: Accurate GST filings and ITC claims help reduce tax liabilities and improve cash flow, enhancing financial management.
Customer and Supplier Trust: Maintaining GST compliance builds credibility and trust with clients and suppliers, reinforcing business relationships.
Ease of Audits: Proper GST records and filings simplify the audit process, reducing disputes and easing the assessment of GST obligations.
Economic Stability: Timely GST payments contribute to national revenue and support economic growth, benefiting the broader economy.
Benefits of Maintaining GST Compliance
Enhanced Business Reputation
Regular GST compliance and proper registration can elevate your business’s trustworthiness, making it more attractive to clients and partners.
Access to Government Incentives
Businesses that stay compliant with GST regulations are more likely to qualify for government schemes, subsidies, and incentives, fostering growth.
Improved Operational Efficiency
Streamlined GST processes and adherence to compliance standards enhance internal controls and financial management, boosting overall efficiency.
Advanced GST Compliance Solutions for Large Enterprises
1. Streamlined GST Filing: Enhance your GST filing process with integrated and automated solutions, simplifying online GST registration and GST compliance.
2. Simplified Reconciliation: Reconcile GST effortlessly with one-click integration to your purchase register, reducing GST charges and streamlining compliance.
3. Efficient E-Invoicing: Manage invoicing quickly and seamlessly with ERP and accounting platform integrations, ensuring accurate GST bills.
4. Automated E-Way Bill Management: Optimize e-Way Bill operations with minimal manual input, facilitating smooth GST operations.
5. Accelerated ITC Claims: Expedite ITC claims through intelligent Vendor E-Invoice Reconciliation, improving financial efficiency.
6. Easy Year-End Filing: Simplify year-end GST filing and reconciliation processes, ensuring timely compliance.
7. Streamlined TDS Reconciliation: Effortlessly reconcile TDS receivables with 26AS integration, supporting accurate GST and TDS management.
2. Simplified Reconciliation: Reconcile GST effortlessly with one-click integration to your purchase register, reducing GST charges and streamlining compliance.
3. Efficient E-Invoicing: Manage invoicing quickly and seamlessly with ERP and accounting platform integrations, ensuring accurate GST bills.
4. Automated E-Way Bill Management: Optimize e-Way Bill operations with minimal manual input, facilitating smooth GST operations.
5. Accelerated ITC Claims: Expedite ITC claims through intelligent Vendor E-Invoice Reconciliation, improving financial efficiency.
6. Easy Year-End Filing: Simplify year-end GST filing and reconciliation processes, ensuring timely compliance.
7. Streamlined TDS Reconciliation: Effortlessly reconcile TDS receivables with 26AS integration, supporting accurate GST and TDS management.
Enhance Your Experience with Advanced Multi-GSTIN Features
1. Centralized PAN-Level Management: Streamline control over multiple GSTINs by managing all actions directly at the PAN level, simplifying GST compliance.
2. Smooth Data Integration: Seamlessly import data across GSTINs or the entire PAN, covering single or multiple months, with ease and accuracy.
3. Optimized Invoice Reconciliation: Enhance tax credit claims by efficiently reconciling supplier invoices across all GSTINs under your PAN.
4. One-Click PAN Reconciliation: Quickly reconcile multiple GSTINs under one PAN, with automatic detection of cross-state invoices.
5. Holistic PAN Comparisons: Conduct thorough comparisons of invoices, credits, and summaries across all GSTINs for insightful reporting and analysis.
2. Smooth Data Integration: Seamlessly import data across GSTINs or the entire PAN, covering single or multiple months, with ease and accuracy.
3. Optimized Invoice Reconciliation: Enhance tax credit claims by efficiently reconciling supplier invoices across all GSTINs under your PAN.
4. One-Click PAN Reconciliation: Quickly reconcile multiple GSTINs under one PAN, with automatic detection of cross-state invoices.
5. Holistic PAN Comparisons: Conduct thorough comparisons of invoices, credits, and summaries across all GSTINs for insightful reporting and analysis.
Why Choose Cashflo Advanced GST Software?
1. Intuitive Design: Enjoy a user-friendly experience with software designed for easy use, whether you're managing GST registration or filing returns.
2. Reliable Support: Receive expert help from our dedicated support team, available to assist with any GST compliance challenges.
3. Precision and Accuracy: Achieve error-free results with advanced computational features that ensure accurate GST calculations and reporting.
4. Top-Tier Data Security: Safeguard your sensitive information with our robust security measures, maintaining the highest standards of data protection.
5. On-Time Filing: Benefit from automated reminders to file GST returns punctually, avoiding penalties and staying compliant.
6. Cost-Effective Solutions: Access comprehensive GST features at a budget-friendly price, perfect for businesses of all sizes, including small enterprises and large corporations.
2. Reliable Support: Receive expert help from our dedicated support team, available to assist with any GST compliance challenges.
3. Precision and Accuracy: Achieve error-free results with advanced computational features that ensure accurate GST calculations and reporting.
4. Top-Tier Data Security: Safeguard your sensitive information with our robust security measures, maintaining the highest standards of data protection.
5. On-Time Filing: Benefit from automated reminders to file GST returns punctually, avoiding penalties and staying compliant.
6. Cost-Effective Solutions: Access comprehensive GST features at a budget-friendly price, perfect for businesses of all sizes, including small enterprises and large corporations.
Frequently Asked Questions
How do I register for GST online?
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How can GST software help with compliance?
What is Input Tax Credit (ITC) and how does it work?
How can I ensure timely GST return filing?
What are the penalties for GST non-compliance?
How does GST affect small businesses?
Can GST software handle multiple GSTINs?
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