ICAI provides free accounting, GST and XBRL software to practicing Chartered Accountant

written by ADMIN | February 11, 2020

The committee for Capacity building of members, a committee of ICAI have been doing great work for its fellow practicing members by bring various offers to help members in practice.

Earlier ICAI had provided 80% discount to ICAI members for purchase of tally software and now ICAI has come up with various offers regarding free accounting, GST and XBRL software.

Firstly ICAI has partnered with Hostbooks to provide All–in-One Accounting software – A cloud based Accounting and Compliance solution. It is a free of cost cloud software available for 3 years which provides the following services:

Accounting Software Features

  • User-Friendly Dashboard & inbuilt Document Management System
  • Invoice to Cash Process & Procure to Pay Process
  • AI-Based Bank Reconciliations, Inventory Valuation & Fixed Asset Management
  • Seamless Integration with Bank Account

GST Software & E-way Bill

  • Seamless GST Return Filing & Import of GSTR-2A and reconciliation
  • Tally Integration & Auto-OTP Verification
  • Integrated with E-Way Bill & Quick Data Import
  • Multi GSTIN Management & Multi-currency
  • LUT Enabled
  • Seamless E-Way Bill Generation & Real-time Integration

TDS Software

  • Seamless filing of Forms 24Q, 26Q 27Q, 27EQ, 27A & ITNS 281
  • Automatic Data Validation & Auto Calculation of TDS/TCS
  • OLTAS Challan Validation & Real-time Integration with TRACES
  • Easy Data Import/Export

Income Tax Software

  • Hassle-free login to the e-filing website & Computation of Total Income, Tax Payable, Computation of Adv. & Self-Assessment Tax.
  • Download of ITR-V, Acknowledgement, ITR & ITR upload and e-verification
  • Auto mapping of Income from one head to another head & Auto set-off of HP loss as per u/s 71(3A).

Secondly ICAI has partnered with KDK softwares to provide free XBRL software and a free GST filing software with the features to file GSTR 9 & 9C for upto 5 GSTIN.

 

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