In the last few years, Nepal faced some major shifts in its trade and technology landscape. Foremost among the changes is the widespread use of online billing systems, which are revolutionizing the way businesses transact and comply with the government. The shift from traditional paper billing to computer billing in Nepal is not just a trend – it is the need of the hour in the information-driven fast-paced era.
The Rise of Computer Billing in Nepal
Those days of companies manually recording transactions from Laptops, Computer or printing bills from basic software are a thing of the past. Due to the increasing need for transparency, ease of accounting and government compliance, computer billing in Nepal has now become easier, accurate and faster. Online billing software in Nepal is being used by small, medium and large enterprises, including retail businesses, restaurants and wholesalers, to facilitate their sales and accounting.
What is the Online Billing System in Nepal?
Nepal Online Billing System includes the function of printing invoices, tracking payments, tracking stock, and generating real-time financial reports using cloud-based or local desktop software. Unlike traditional billing, these systems offer instant calculation of totals, taxation, and secure storage of data.
For example, a company that operates online providing billing software is able to instantly generate invoices with the correct VAT amount, update their inventory, and store transaction records in just clicks in the cloud.
Introduction of the Online VAT Billing System in Nepal
One of the latest significant changes in Nepal is the online VAT billing system introduced by the Internal Revenue Department (IRD). It makes it necessary registered VAT taxpayers to provide VAT invoices through IRD-approved software. The move is aimed at preventing tax evasion, ensuring transparency and promoting a culture of good tax compliance.
Nepal’s e-VAT billing system directly links the billing software to the government’s tax system, allowing real-time monitoring of transactions. Conforming companies have the advantage of automated reporting, lower audit risk, and better financial control.
Key Features of Online Billing Software in Nepal
he latest Nepali online billing software offers an extensive choice of Nepalese unique features:
- VAT Integration: VAT calculation and reporting automatically.
- Inventory Management: Real-time tracking of stock levels.
- Customer Management: Save customer and purchase details.
- Reporting Tools: Generate daily, monthly, or yearly purchase, sales and tax reports.
- Cloud Access: operate billing from anywhere with internet-enabled devices.
Most popular choices include locally based IT company products and global platforms customized to work for Nepali businesses.
Benefits of Online Billing Systems for Businesses
- Efficiency: Speeds up billing and accounting processes.
- Accuracy: Reduces human errors in tax calculations and data entry.
- Compliance: Aligns with the government’s digital tax regulations.
- Security: Ensures data is stored safely and backed up in the cloud.
- Scalability: Suitable for both small shops and large enterprises.
Pioneer IT Pvt. Ltd
Our Online Billing Software Features:
Write and Send
Create new invoices in just four steps or use the automation of our recurring invoices. Use placeholders to standardize and individualize invoice contents and e-mail texts.
Refer to the contents of your customer data completely automatically. We send out invoices free of charge via e-mail, but we are also happy to take care of your postal dispatch.
- Individual invoice content despite standardized invoice texts
- Invoices in many different currencies and languages
- No duplicate invoice numbers
- Add your products and services directly to Easybill Plus
- Recurring invoices with automated service intervals
- Free e-mail dispatch also using your own mail server
Get Payed
Comparison with online banking or even with transaction receipts? That was yesterday. Monitored via bank account reconciliation Easybill Plus displays your transactions and shows you open and already paid invoices. Never lose track.
Define your own rules for bank account reconciliation and thus making it possible for employees to use.
- Simple handling of payment reconciliations via bank connection
- Bank account reconciliation is controlled through individually defined rules
- Clear display of all accounts
A simple overview of open invoices.
With Easybill Plus you can always keep an eye on which invoices you are still expecting payment from.
Easy bill plus shows you invoices that have already been paid or invoices that are still open. Use exportable evaluations and overviews directly in Easybill Plus for further processing.
- Automatic classification of documents according to status
- Color coding for unpaid and paid invoices
- Export results as PDF, Excel, or CSV files
- Individual payment terms for each customer
Automatic dispatch of dunning notices and reminders.
You do not have time to check which invoices are still open and which transactions you have to create a reminder for?
Let Easybill Plus take over the reminder process completely automatically defined by your own rules and with your own templates for dunning notices and reminders.
Save yourself the effort of entering dunning costs. Include or exclude individual customers or entire customer groups. Send dunning notices and reminders by e-mail, post, or fax – however, you wish.
- Control dunning process using pre-defined rules
- Three-step dunning process stored in an instant
- Inclusion or exclusion of customers and customer groups
- Send payment reminder before it is overdue
- No manual entry of dunning charges
Accounting with seconds.
Do you still give your tax advisor receipts in paper form? Well, that’s over now. With Easybill Plus you can not only archive your outgoing invoices digitally but also transfer them directly to your tax advisor via the software.
Use the different DATEV formats or the Lexware format. With just a few clicks, your tax advisor can transfer the finished invoices to the accounting department.
- Connection to DATEVconnect online
- DATEV/Lexware export in CSV or XML format
- Digital storage and automated pre-assigned billing in Easybill Plus
- No more piles of paperwork for your company
Note: Contact us If You Need This Accounting Software in Nepal
Pioneer IT Pvt. Ltd