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