Posts

Showing posts with the label accounting software

Do you need an accountant? AlignBooks payroll software for accountants is the best

Image
Is it becoming stressful to keep an account of or manage all the payrolls, incentives, overtime, etc. of all the employees? AlignBooks can totally feel it. It is not as simple as it seems to hire employees on a certain wage and keep their payment record manually. There are chances of mistakes and embarrassment eventually. Why take so much pain when AlignBooks business payroll software is here to help you? Calculating payrolls manually can be really disastrous for small-scale businesses.  Payroll is not just subjected to the amount that has to be paid to particular employees; it offers a complete management of employee records, legal compliance, and all administrative plans. There are more chances of errors if you do not do it with an automated online payroll software . Benefits of AlignBooks payroll software for accountants Integrated with Accounts Business owners can directly link accounts with the online payroll software in order to process employee payroll. A lo...

Use AlignBooks billing software to get paid faster

Image
Are your customers trying to avoid their purchase bills and not paying you on time? Are you fed up of reminding your customers to pay their bills? There is only one solution to this and that is AlignBooks the billing software for small business . It can help you to get paid faster and on time by making all your billing accounts automated and easily accessible. Customers will see a better and an influential purchase bill with flexible components which will automatically appeal to them for paying them faster.  AlignBooks is a small business billing software which is also enabled with GST to help you save your time and efforts plus increase the productivity of the business. It makes it really simple for business owners to manage all the bills and automatically reduces dependency on the staff.  How is an online billing software beneficial?  Pre-Configured Templates In the AlignBooks billing software , a person will find pre-defined templates which can ease yo...

Concerns of SME Sector

Image
1.  Lower threshold to expand SME Coverage under GST a)   The threshold limits under GST regime, is fixed at Rs.20 lacs (Rs. 10 lacs in case of specified states except J& K), above, is likely to bring a large chunk of SME Sector under GST because: ·Present exemption limit of 150 lakh under central excise is reduced to 20 lakhs under GST (however there is relief as well because in service tax exemption limit was 10 lacs in most of states the VAT registration threshold was between Rs. 5-10 lacs): Presently, a tax payer having business across different states in India, is entitled to the benefit of threshold limit in each State. Under GST, in such cases, the threshold limit would be available on an all India basis; and Compulsory Registration irrespective of threshold limit for large number of specified tax payers in following circumstances, would result in substantially higher registrations. b) Compared to the threshold exemption scheme presently prevalent w...

FOOD & RESTAURANT INDUSTRY GET MAJOR GST RATE CUT

There was lot of murmuring going on in general public about the heavy levy of GST on eating out. There is lot of buzz that such levy has not only make a big hole in the pocket of common man as eating out is nowadays very common because of various reasons. Such heavy rate has also motivated some scrupulous element to evade tax, some of the postings at social media has suggested that the amount has been charged on account but has never been deposited with Government. In the wake of all this the Government has taken bold steps and has completely changed the GST levy on food and restaurant services. As per the Central Government  notification No. 46/2017-Central Tax (Rate) dated November 14, 2017  has made some sweeping changes in GST rates of restaurant and other services: S. No. Description of Services Rate Remark Supply, by way of or as part of any service or in any other manner whatsoever, of goods, being food or any ot...