Accounting and billing software is available for Micro, Small, and Medium Enterprises (MSMEs) with an annual turnover of less than Rs. 1.5 crore. This software helps businesses manage their day-to-day operations by offering tools for GST compliance, including billing, accounting, and return filing. Eligible taxpayers can use this software free of charge until March 31, 2021, or until their annual turnover exceeds Rs. 1.5 crore. After this, a fee may apply.

It is important to note that only basic features of the software will be available for free. These include sales/purchase/cash ledger, inventory management, supplier/customer master, invoice generation, and GST return preparation. For continued use of the software after the free period or access to additional features, taxpayers should visit the respective vendor’s website to determine any applicable fees.