SAP GST Solutions

SAP GST Solutions

E-Invoice, E-Way Bills & GST

A Perfect Fix for Your GST Hassles in
Business One/ByDesign System

GST Invoices Submission and Filing Solutions

Plugin

SMART GST COMPLIANCE

Modernize conventional taxation functionalities through automated
strategies for GST Submission and Filing.

The implementation of the unified taxation platform GST has wholly
reformed the financial institutions of India. The altered functionalities
induced by this change have made companies follow a standardized
pattern for:

  • Submission and filing of returns.
  • Management of accounts.
  • Creating an intelligent data platform to handle vast information.

Every business has an unhindered focus on growth. An error-free financial
an institute that promotes seamless adherence to taxation liabilities and
responsibilities must be implemented for enhanced productivity.
At Vestrics, we offer an automated GST Submission and Filing platform
through ASP – GSP Integration to streamline and automate GST
compliance for zeroing errors and delays.

E-Invoice, E-Way Bills & GST

An Innovative Model Founded
on Smart Data Communication

plugin 1

ASP (Application Service Provider) à Source System

plugin 2

GSP (GST Suvidha Provider) à Interface

plugin 3

GST System à Target System (GSTN portal)

Customer – ASP / GSP – GSTIN Portal

A Modular Taxation Tool Implementation

Enabling a direct and inter-linked data communication between the GST process entities
Tax copy
  • At the customer end, a Business One/ByDesign System is dedicated to data extraction and information management.
  • All the essentials are to be directed to the Government structured GSTIN Portal that handles returns, filings, and submissions.
  • ASP – GSP Integration promotes a bi-directional seamless interaction between all these components for an accurate, fast, and efficient tax compliance platform. And that prevents unnecessary delays and errors while facilitating on-the-go management.

E-Invoice, E-Way Bills & GST

Optimize Tax Compliance and
Reporting Through Intelligent Learning

Staying put to traditional taxation strategies not only risks penalties but could cause significant disruption to a business’s progress and productivity.

It could lead a business to:

  • Seamlessly extracting data from multiple heterogeneous data sources
  • Preventing Invoice reconciliation errors due to mismatches in invoice numbers
  • Avoid delays in filing monthly returns
  • Handling ITC claims along with tracking active and inactive vendor GSTIN
  • Missing ITC claims and filing incorrect information
  • Could harm brand credibility
  • Poses a risk of Government Penalties
  • Managing multi-location multi-business tax return

Vestrics Solutions ASP-GSP Features

Simplify your approach to GST regulations and Integration of massive data volumes for seamless communication

1

Validations

2

Reconciliations

3

Audit logs

4

Email and SMS notification

5

Sales and Purchase summary report

6

ITC distribution report

7

Monthly tax summary report

8

Returns reconciliation

9

GSTR summary and GSTR

Vestrics Solutions ASP / GSP Modules

A Single Tax Technology Solution for Myriad Business Types

Tax 1
  • Document generation utility
  • PDF signing
  • Vendor invoice reconciliation
  • GSTIN validation
  • Supports all GSTR forms and filing
  • Annual Returns Preparation

Vestrics Solutions ASP-GSP partnership

Automated Data-based Platform for
Successful GST Compliance

  • Vestrics has forged a partnership with TaxGenie, an authorized ASP-GSP provider, for creating the much-needed disruption in business tax compliance through the integration of data and automated solutions.
  • TaxGenie and we have designed a custom solution to extract data from multiple heterogeneous systems and automation of the entire process of data validation, reconciliation, return preparation, and filing.
  • Now, centralize your automated tax compliance management with In-memory computing.
× How can I help you?