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MSME KNOWLEDGE BASE & GLOSSARY

GST Billing & Accounting Help Guide

Clear explanations for Indian GST rules, HSN codes, CGST/SGST/IGST tax splits, customer credit ledgers, and fast invoice printing.

GST CLASSIFICATION

1. HSN Code vs SAC Code

Mandatory tax classification codes required on Indian GST tax invoices based on business turnover.

HSN (Goods): Harmonized System of Nomenclature (4 to 8 Digit code for products like Rice, Electronics, Garments).

SAC (Services): Services Accounting Code (6 Digit code for services like Repair, Consulting, Freight).

TAX CALCULATION

2. CGST, SGST & IGST Tax Rates

Automatic tax calculation based on supplier and customer registration state.

Same State Sale (Intra-State): Divided equally into CGST + SGST (e.g. 18% GST = 9% CGST + 9% SGST).

Other State Sale (Inter-State): Full IGST applied (e.g. 18% IGST on out-of-state customer).

JURISDICTION

3. Place of Supply (State Code)

Determines whether CGST/SGST or IGST applies to an invoice.

Selected automatically when you select a registered customer with a valid 15-digit GSTIN (First 2 digits represent State Code, e.g., 07-Delhi, 27-Maharashtra).
UDHAR LEDGER

4. Customer Due & Payment Receipt

Track pending credit sales (Udhar) and record partial or full collections.

Credit Sale: Unpaid invoice amount is automatically added to Customer Outstanding Due.

Payment Receipt: Record Cash / UPI / Bank payments from Customer Ledger to clear due balances.

DIGITAL PAYMENTS

5. Instant UPI QR Code Invoicing

Print dynamic UPI QR Codes directly on invoices for instant customer scan & pay.

Enter your Business UPI ID (e.g. 9876543210@paytm or store@icici) in Business Settings. The printed QR automatically encodes the exact invoice total amount.
QUICK STEPS

6. Create Invoice in 4 Simple Steps

Designed for fast checkout at counter desks.

Step 1: Click + New Sale on Dashboard.

Step 2: Search or Select Customer Name.

Step 3: Scan Barcode or Select Items & Quantity.

Step 4: Click Save & Print (A4 or Thermal).

PRINT FORMATS

7. Thermal 3-Inch vs A4 Full Page

Supports both desktop laser printers and counter thermal POS printers.

A4 Full Page: Formal B2B Tax Invoices with detailed GST breakup & terms.

3-Inch Thermal (POS): Compact receipt billing for retail stores and quick checkout counters.

CA EXPORTS

8. GSTR-1 & GSTR-3B Tax Filing

Export Excel & CSV reports formatted specifically for GST portal filing.

Navigate to Reports → GST Filing Reports to download B2B sales summaries, B2C invoices, and HSN summary reports in 1 click.
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