Software company Zoho on Wednesday launched its GST-compliant finance suite, Zoho Finance Plus, even as the country prepares for the Goods and Services Tax (GST) regime from July 1. Zoho’s finance suite will help companies make a smooth transition to GST regime by offering end-to-end integrated Cloud-based platform for businesses to manage their finances and operations, including filing of GST returns, says a company press release.
Proliferation of smartphones, broadband connectivity and upcoming GST is a good opportunity for businesses to move their accounting and other operations online. With Zoho Finance Plus, businesses get an interface to manage their transactions day to day and file their GST returns, all from a single platform. Zoho Finance Plus simplifies returns filing for businesses and increases compliance,” Sivaramakrishnan Iswaran, Director of Product Management, Zoho, said.
Zoho Finance Plus is available for ₹2,999 per company per month. This includes ten users and access to Zoho Books or Zoho Invoice, Zoho Expense, Zoho Subscriptions and Zoho Inventory. Businesses that previously subscribed to multiple Zoho Finance apps can now purchase a single license for Zoho Finance Plus instead. Once the suite is set up, and user roles have been configured, administrators can add new users across all applications from a single console, vastly simplifying the process of granting new employees access to multiple apps, the release said.