Wings GST

Wings does the most complete compliance with GST regulations.

Overview

Wings takes care of the following processes to help you comply with GST easily:

GST compliant invoicing
GST compliant classification of products, customers and suppliers, and Masters
Reverse Charge Mechanism
Export - related transactions
Month - end transactions
Off-Line Filing of GST Returns
Automatic and seamless interfacing with GST portal for upload and download of data
Automatic matching of invoices and exceptions
Complete E-Way bills management
Complete e-invoicing

Masters

Special masters created for GST help better compliance and generation of data for filing returns.

Registration Types: Registered, Composition, Unregistered
Assesse types: Registered, Composition, Unregistered, SEZ, SEZ Developer, Deemed Exports, Exempted, UIN
HSN and SAC
GSTIN/UIN , including online validation
Shipping Address
Consignor
Ecommerce Operator
GST Slab wise rates for Apparel and Footwear industry.
Not required to remember either intrastate or interstate or registered dealer or Unregistered, based on recipient state and registration type Wings will calculate GST automatically either CGST, SGST or IGST.
For inward transactions we can edit the GST Assessable value for accurate calculation for as per our supplier invoice. This is very useful feature for when we invoice matching with portal.

Compliance in Masters & Transactions

GST regulations are incorporated in master definitions and transactions to ensure good compliance. Automated mechanisms have been incorporated to ensure the appropriate GST type and rate is applied based on HSN/SAC, place of supply, type of customer etc.

In Wings GST Wizard all masters are predefined, not required to create any masters, just need to select the GST applicable rates then click on next.

Reverse Charge Mechanism and Refund Vouchers work where required.

Month-end transactions are incorporated to generate GSTR 1 and GSTR 2 data.

Wings GST Filer is works with all Wings products. It integrates with each and enables generation of required data for GST returns.

GST Filer does automated invoice matching (between Wings data and suppliers’ data from GSTR 2) and gives you exceptions to work on.

GSTR 1

This is a monthly return it should be filed by every registered dealer. It contains details of all outward supplies i.e. sales. Taxpayer’s annual turnover of more than Rs 1.5 crore must file monthly return.

GSTR 2

This is contains details of all the purchases transactions of a registered dealer for a month. It will also include purchases on reverse charge also.

GST reconciliation primarily involves matching the data uploaded by the suppliers with those of the recipient’s purchase data. This basically includes comparing the GSTR-2A auto-populated from suppliers’ data and the purchase data recorded by the receiver of the supplies. This matching concept also ensures that all the transactions which took place in a particular period.

GSTR 3B

GSTR 3B is a simple return form introduced by the Government. A separate GSTR 3B form has to be filed for each GSTIN. GSTR 3B form does not require invoice level information. It only requires total values for each field, like a summary. Filing GSTR 3B is mandatory for who have registered under Goods and Services Tax

GST Filer helps you manage compliance by connecting with the GSTN portal seamlessly.

The process of e-way bills management is shown below.

During invoicing

Generate details

Prepare the JSON file once the you validate the data of Invoice, Transporter, GSTN, State details etc.

Login to the portal validate your login credentials, and upload as per the directions on the Web Portal.

Once you have entered the E-Way Bill details correctly you will be able to take a print out of the E- Way Bill as shown in the image.

Enter the Company’s GST details

GST Commodity rates, State wise.

Capture the GST details in the transaction

Capture the details

File the GST online with your registered mobile to get the OTP and process the data.

Matching of data

Wings automatically matches your data with GSTN data and gives you lists of Invoices which are not matched, matched, missed and new. This saves huge amount of time and effort.

Reports for GST Input Listing

Reports for GST Output Listing.

Wings ERP can manage e-invoicing completely.

E- Invoices can be configured with QR Code, E-Sign, IRN Details, ACK No, GSTN details etc.

E-Invoice can be instant or can be generated offline.

Once you have all the necessary information required to generate the E-Invoice then you can generate in offline mode with Signed Code, IRN details, Invoice SON, QE Code etc.