The Goods and Services Tax (GST) is a value-added tax that is levied on the supply of goods and services in India. The GST is administered by the Central Government of India and is charged at different rates depending on the type of goods or services being supplied. A GST report in accounting software typically includes details such as the GST rate applied, the amount of GST collected, and the amount of GST claimed as input tax credit. This information can be used to ensure that the business is complying with GST regulations and to identify any potential tax savings opportunities. Gridlex Sky Accounting Software provides a simple and efficient way to generate GST reports for India. It is designed to help businesses keep track of their GST obligations, and to ensure that they are compliant with the latest regulations. Gridlex Sky offers a wide range of features, including a range of attributes to make report generation easy and efficient, including the ability to create custom reports, export data to Excel, and more.

Generate GST Reports in Gridlex Sky

GSTR-1

Step 1: Login into your Gridlex App Suite Account and choose the entity of your choice. Go to the “Reports” tab and go to “GST Reports Module”. Here, Gridlex Sky offers various GST Reports like GSTR-1, GSTR-3B, etc. Select “GSTR - 1”. 

Step 2: GSTR-1 is a monthly return that businesses registered under the Goods and Services Tax (GST) in India are required to file. The return contains details of all outward supplies made by the business during the month, including the value of supplies, the applicable GST rate, and the GST amount collected. Here, you can view the taxable value, IGST Amount, CGST Amount, etc. Users can select the date range they want to view the data. Once done, download the file in PDF, JSON, or Excel spreadsheet format for further analysis.

GSTR-3B

Step 1: Login into your Gridlex App Suite Account and choose the entity of your choice. Go to the “Reports” tab and go to “GST Reports Module”. Here, Gridlex Sky offers various GST Reports like GSTR-1, GSTR-3B, etc. Select “GSTR-3B”. 

Step 2: GSTR-3B is a monthly self-declared summary return that businesses registered under the Goods and Services Tax (GST) in India are required to file. The return contains a summary of the tax liability for the month, including details of the taxable supplies made and received, the applicable GST rates, and the GST amount paid or collected. Users can select the date range they want to view the data. Once done, download the file in PDF, or Excel spreadsheet format for further analysis.

GST Filing

Step 1: Login into your Gridlex App Suite Account and choose the entity of your choice. Go to the “Reports” tab and go to “GST Reports Module”. Here, Gridlex Sky offers various GST Reports like GSTR-1, GSTR-3B, etc. Select “GST Filing”. 

Step 2: Enter your GST User Name and click on “Login”. Once done, users can view a pop-up. Click on “Request OTP”. An OTP will be sent to the registered mobile number. 

Step 3: Here, click on Save. Once done, users can view the report they want to view like GSTR-1, GSTR-2, GSTR-3B, etc. 

Step 4: If not filed, users can view this red alert on the screen. 

Step 5: Users can also select the GST Filing Preferences. 

Quick Tip

Gridlex Sky offers a list of shortcuts for common tasks. With the help of these quick shortcuts, users can easily navigate to account receivable and account payable page without having to scroll through other sections. 

Click on “Review your GSTR-1, GSTR-3B” to directly view the data.