What is KhataBuddy?
KhataBuddy provides a cloud-based platform for small businesses to create GST-compliant invoices and manage accounting documents digitally. The platform supports various invoice types including tax invoices, proforma invoices, and payment receipts while ensuring compliance with GST regulations including HSN/SAC codes, tax slabs, and calculations for SGST, CGST, and IGST.
The system offers professional invoice templates that can be customized with business logos and colors, along with features like UPI QR codes for payments, thermal printer compatibility, and one-click sharing via WhatsApp or email. Inventory management capabilities automatically update stock levels as invoices are created, and the platform includes business reports, multi-user access with role-based permissions, and integration options for payment gateways and Tally ERP.
Features
- GST Compliant Invoicing: Create invoices that comply with GST regulations including HSN/SAC codes and tax calculations
- Inventory Management: Track and manage inventory with automatic stock level updates based on invoices
- Professional Invoice Designs: Customizable invoice templates with business branding and multiple themes
- UPI QR Code Integration: Add UPI QR codes to invoices for simplified payment collection
- Multi-User Support: Role-based access control for team members and professionals with customizable permissions
- Business Reports: Generate comprehensive reports including balance sheets, profit/loss statements, and GST summaries
- Thermal Printer Compatibility: Optimized templates for 2-inch and 3-inch thermal printers
- One-Click Sharing: Share invoices instantly via WhatsApp or email with a single click
Use Cases
- Creating GST-compliant invoices for small businesses
- Managing inventory alongside invoicing processes
- Generating business performance reports for decision making
- Sharing professional invoices digitally with clients
- Reconciling GST filings with automated mismatch reports
- Setting up online eCommerce stores for product showcasing
- Exporting financial data to Tally ERP for accounting
- Collecting payments through integrated UPI QR codes
FAQs
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How many invoices can I create with the Premium plan?
You can create up to 5,000 invoices per year with the Premium plan. -
Can I use KhataBuddy on multiple devices?
Yes, you can login using one account on multiple devices with no limit on the number of devices. -
Are my documents and transactions secure?
Yes, KhataBuddy secures all transactions through SSL encryption. -
Can I add multiple users to my organization?
Yes, you can create unlimited child users with customizable access permissions like 'View Only' or 'Allow Modify'. -
Does KhataBuddy support GST compliance?
Yes, invoices created on the platform are fully compliant with GST regulations including GSTIN, HSN/SAC codes, and tax calculations.
