ClearTax, an income tax returns e-filing website launched a GST software called Bill book for SMEs to prepare GST compliant invoices, the company said in a statement. Bill book is a software platform that works both online and offline. It will automatically identify IGST vs SGST in the invoice. It can accommodate business scenarios such as operating in different states in India, or engaging in imports and exports or B2B or B2C billing.The software has the competency to handle debit/credit notes and advance payments. It also has features that allow SME’s to create sales invoice, recording of discount, freight, insurance, & package handling charges along with recording purchases and expenditure under GST regime. Funding In June last year, Cleartax had raised $12 million (about Rs 80 crore) in Series-A investment round led by Ravi Adusumalli of SAIF Partners. At the…
