GSTN has recommended Basic features expected from billing and accounting software’s for SMEs. Here is a comparison of the basic and advanced features available in Vyapari In collaboration with GSTN, the single user access is being provided free for the first two fiscal years for micro SMEs.

* Industries Below 1.5 crore turnover

Sl. No.  Features/Functionalities Basic Features Advance Features
General Features
1 Number of Users  1 User Multi – User
2 Language English Multi – Lingual
3 Currency INR INR
4 Warehouse 1 warehouse Multi – Warehouse
5 Invoice printing Yes Yes
6 Pre loaded HSN/SAC Codes, GST Slabs, Country, State, City Yes Yes
7 Export reports into Excel/PDF or any other formats Yes Yes
8 Master data import through Excel templates includes COA, products/services , purchase/sales prices and customer/supplier No Yes
9 Document Sequencing Yes Yes
10 Report Email Scheduling No Yes
11 Assignment of CA to Company and Company to CA No Yes
12 CA can view all companies under him from 1 window No Yes
13  AR/AP master fetching from GSTN portal No Yes
14 Date Freezing No Yes
15 E-way Bill No Yes
Purchase/Sales Module
16 Supplier/Customer master creation including GSTIN, Address and Contact information Yes Yes
17 Generation of Purchase/Sales invoice either by Supplier/Customer or Cash and Carry Yes Yes
18 Add Customer While Billing No Yes
19 Automated calculation of GST Yes Yes
20 Search Purchase/Sales :By supplier/customer, date and Invoice number Yes Yes
21 Cancelling/ Voiding : Sales Bill can be cancelled any time before submission Yes Yes
22 Approval of Purchase/Sales invoices from draft status Yes Yes
23 Payment/Collection against Purchase/Sales Invoices Yes Yes
24 Linking of Supplier Invoice with Purchase Invoice Yes Yes
25 Credit note/Debit note Yes Yes
26 Sales Campaign No Yes
27 AR/AP wise Purchase/Sale price No Yes
28 Total Purchase/Sales report Yes Yes
29 Daily Purchase/Sales report Yes Yes
30 Party Outstanding report Yes Yes
31 Return History Report Yes Yes
32 Discount Report No Yes
33 AR/AP wise Purchase/Sale report Yes Yes
34 Purchase Import (Out of India) No Yes
35 Export Sales (Out of India) No Yes
36 Display Last 10 Deals at time of Purchase No Yes
Material Module
37 Creation of Products/Services with details including Description, Unit set, HSN/SAC, GST, CESS, Price, Barcode Yes Yes
38 Pre Defined Units of Measure Yes Yes
39 Product (SKU) Search :: Search SKU by Short Code or by Description Yes Yes
40 Automated inventory update on basis of Purchase/Sales Yes Yes
41 Stock Adjustment (Surplus/Deficit) No Yes
42 Bulk Barcode Assignment to product No Yes
43 Quick Production (Lean Manufacturing) No Yes
44 Cost distribution slip No Yes
45 Inventory Report Yes Yes
46 Material Value report No Yes
47 Inventory Ageing Report No Yes
48 Cost Report No Yes
General Ledger and Finance Yes
49 Chart of Account Yes Yes
50 GL connection groups and code Yes Yes
51 Automatic Journal Voucher posting Yes Yes
52 Manually posting of adjustment journal voucher Yes Yes
53 Monthly Trial Balance Yes Yes
54 General(total) Trial Balance Yes Yes
55 Journal and Ledger Yes Yes
56 Cash summary report Yes Yes
57 Balance sheet and Profit & Loss Statement Yes Yes
58 Amount Receivables/Payables report Yes Yes
59 Debt Ageing Report No Yes
60 Collection Analysis Report No Yes
61 Consolidated Financial Statement No Yes
62 TDS on Income Tax No Yes
63 Credit Limits No Yes
GST Filing
64 GSTR 1 Yes Yes
65 GSTR 3B Yes Yes
66 GSTR 4 Yes Yes
67 GSTR Reports can be exported in excel Yes Yes
68 Tax Paid Statement (Monthly, Quarterly, Annual) No Yes