Free Yourself From The Complexity Of GST Filing Using A Web-Based Integrated Solution Made Just For Freight Forwarders
A common practice in any logistics organization for handling tax-related matters is opting for accounting-specific software. Most accounting software does the job of a generic accounting solution. Even after implementing an accounting system, many businesses still have to spend additional resources in the filing of Goods and Services Tax every month. What Logisticians and Freight Forwarders miss is an accounting system that supplements their logistics and freight needs.
Logi-Sys is the perfect choice for your business’ comprehensive history of all Cash receipts, General Ledger entries with a detailed or summary posting for each Transaction.
Your growing business needs a system that is capable of completing end-to-end GST filing, consolidation, and generating instant reports for complete visibility. Logi-Sys is a feature-rich ERP Freight Forwarder Solution providing:
- Effective control over tax invoice generation
- A View of historical invoices
- Account Receivables and Account Payables report
- Debtor and Creditor Statements
- Setting up Credit and Debit limits
- Tax and statutory reports for logistics management
- Reconciliation statements
- Third-party finance integrations
Integration with GST Suvidha Providers for Filing
Logi-Sys is fully integrated with GSTN and eWay bill portals giving real-time access to these portals from the solution itself. The application provides Filing Monthly Returns with GSTR-1 and GSTR-3B. The system handles auto calculation like the applicability of IGST vs SGST/CGST on your invoices. For example, if the recipient of goods or services is in the same state as the shipper, SGST/CGST is charged else IGST is charged. These kinds of automation and tax calculation do not require manual intervention and provide data accurately and save a lot of effort.
Reducing manual entries to eliminate errors
Accounting being the play of numbers and financials, can easily lead to errors when charges, tax rates, currency exchanges, and the like are manually entered. Logi-Sys resolves this by making the initial configuration in the master data. The master rates and conditions are set once are applied at all places in the Freight Software.
Instant reports for better planning
The cloud-based freight forwarding solution provides reports of income, expenses along with the information of each of your branches. At any instant for a specific branch, you can obtain account details like:
- Auto calculation of branch-wise profit and loss
- Outstanding Receipts / Payments Report
- Trial Balance
- Balance Sheet
- Profit and Loss Report for any required branch
Up-to-date with the Law
Newer tax regimes or changes to existing tax structures can put you through some distress if caught unprepared. Logi-Sys, a Freight and Logistics solution, stays abreast of the latest tax notifications and changes in the country. Be assured of always generating invoices with the most current VAT/GST.
Being a fairly newly established unified tax regime, GST can be expected to undergo more changes in the coming years. Logi-Sys is a cloud-based application that runs via the Internet-enabled browser on any laptop, desktop, smartphone, or tablet. All GST-notifications-related changes are implemented at the earliest feasibility. This assures you of keeping your accounts impeccably accurate.
Don’t delay and Implement Logi-Sys NOW!