Tax is calculated on each bill as you make it and flows into the ledger and the GST summaries. GST on every bill comes with every plan; return files and reconciliation come with higher plans, as marked below.
Switch on "Prices include GST" and enter the price customers pay. Stockivio splits it into taxable value and GST for you: taxable value = price ÷ (1 + GST rate). Every plan.
On every sales and purchase document, the tax is split into CGST and SGST for supplies inside your state, or charged as IGST for other states, from the place of supply and the HSN on the item. Every plan.
GST output tax on sales and input tax on purchases are posted to the ledger with each bill, together with the sale, stock and cost of goods. Every plan.
Summaries are prepared from the sales and purchases you have recorded (every plan). From the Growth plan, GST Returns also gives you the files to upload on the GST portal. You or your CA file on the portal; Stockivio does not file for you.
Upload the GSTR-2B JSON you download from the GST portal. Stockivio matches it with your purchase bills and sorts them into matched, mismatched, missing in your books and ITC at risk. Business plan and above.
Download the e-invoice JSON for an invoice to upload on the IRP. When live e-invoicing is switched on for your account and you connect your own GSP or NIC API account, you can generate and cancel IRNs from the invoice.
Export the e-way bill JSON from a sales invoice and upload it on the e-way bill portal, or generate the e-way bill from the invoice through the same GSP/NIC connection.
Compare each product's GST rate with the rate your HSN map says it should have, and correct many products at once. Growth plan and above.
On a purchase bill you can apply the discount after tax: GST is charged on the full taxable value, and the discount is taken off the bill total.
Step-by-step guides: Monthly GST routine · ITC Reconciliation (GSTR-2B) · e-Invoice & e-Way Bill connection