Ability to manage related parties
Ability to manage related parties as customer attributes; ability to manage exemptions for customers, accounts, transactions, charges, and specific branches.
SoftGST Elite is a comprehensive GST compliance solution tailored for business enterprises, banking and financial institutions, SMEs, tax practitioners, and ERP providers. It is designed to ensure seamless adherence to GSTN regulations, incorporating the latest rules, guidelines, and compliance mandates as updated by GSTN.
With its cost-effective and market-leading approach, SoftGST Elite offers 20+ automated reconciliation buckets for accurate Input Tax Credit (ITC) claims, eliminating manual intervention. The solution effectively addresses key financial challenges, enabling businesses to optimize ITC utilization, mitigate compliance risks, and enhance tax accuracy with minimal effort.
Trust Fintech offers SoftGST Elite, a comprehensive GST compliance solution designed to address industry challenges related to Input Tax Credit (ITC) reconciliation. The advanced GST reconciliation tool delivers up to 95%* accuracy in matching records across Purchase Register (PR), Invoice Management System (IMS), and GSTR-2B, ensuring seamless compliance.
SoftGST Elite provides three-way reconciliation reports, including:
- GSTR-1 vs. e-Invoicing
- GSTR-1 vs. e-Way Bills
- e-Invoice vs. e-Way Bills
- GSTR-1 vs. GSTR-3B
- RCM & ISD reconciliation under GSTR-2B vs. PR
These robust reconciliation features empower taxpayers and enterprises to accurately assess tax liabilities, optimize ITC claims, and maintain compliance with GST regulations.
SoftGST Elite: Advanced GST Compliance Solution for Enterprises
- Enterprise-Grade Compliance : Designed for medium and large enterprises, addressing key tax compliance challenges with advanced automation.
- Web-Based & Scalable : A browser-based solution catering to mid-to-large-scale businesses and tax practitioners for seamless accessibility.
- Multi-Entity Support : Handles Multi-PAN, Multi-GSTN, and Multi-Customer operations, ensuring flexibility for diversified business structures.
- Seamless Integration : Equipped with APIs for easy integration with any ERP or accounting system.
- ERP Compatibility : Offers pre-built adapters for seamless integration with leading ERP platforms like SAP, Tally, and more.
- Comprehensive GST Reports : Provides detailed compliance reports, facilitating tax liability assessment and effective management of GST notices.
Key Functionality : SoftGST Solution for Enterprises
Purchase Invoice
We handle Sale Invoices, Purchase Invoices, Purchase Reconciliations, Debit Notes, Credit Notes, and so on.
GSPIndia Gateway
ITC computation, GSTR payload creation, digital signing, and GST return submission through the GSPIndia Gateway.
Manages other functions
The ability to oversee additional functions and processes such as ARV, ISD, e-way bills, inter-branch transfers, blocked ITC items, and ITC reversals is also present.
Set up tax rates
Capability to set up tax rates for interstate and intrastate transactions.
Annual GST Returns
An advanced tool designed to simplify GST compliance for businesses. Soft Trust automatically computes GST Annual Returns (GSTR-9) by seamlessly consolidating and analyzing data from all monthly returns.
Multi-user system
User management, privileges and user rights management, and OTP-based authentication.
Digital Signing of GST Returns Payload
Securely sign and authenticate GST returns digitally, streamlining the submission process and ensuring compliance with regulatory requirements.
E-Invoice
Trust Fintech’s Robust E-invoicing is an API-based integration solution designed to facilitate seamless communication between ERP systems, accounting software, and GST compliance software. It standardizes the process of generating, validating, and sharing invoice data while ensuring compliance with GST regulations.
E-Way Bill
The E-Way Bill system is an essential GST compliance mechanism designed to streamline the movement of goods. Integration with the E-Way Bill API ensures seamless submission of transport and invoice details to the E-Way Bill portal, enabling businesses to generate E-Way Bill numbers efficiently.
ITC Utilization Reports
Our tool delivers advanced reports on inward supplies and Input Tax Credit (ITC) utilization, enabling businesses to accurately assess tax liability and take timely actions to ensure optimal GST compliance and financial efficiency.
Online Access for Management and Tax Practitioners
Provides real-time online access for firm management and tax practitioners, enabling seamless collaboration, enhanced transparency, and efficient monitoring of compliance activities.
Notable Benefits for Finance Department
One of the most affordable + advanced GST solutions available in the marketplace.
Availability of GST Compliance History Data.
Timely GST compliance and adherence to the latest GST rules and guidelines.
Exclusively designed for finance department to avail the accurate tax credit without manual efforts, saving huge man-hours, which enhances the productivity of the team members.
Even if different arms or companies use different ERP or accounting systems, the entire organization can maintain GST compliance in a single SoftGST system.
Insightful GST reports for corrective actions, CFO dashboards for financial planning, vendor compliance tracking, and branch-wise GST filing & ITC reports.
Easy and centralized compliance with GST audits.
Complete reporting relies on a variety of reporting parameters and filters as per the updated GST Laws.