Accounting Software for Manufacturing Industry

​Manufacturing ​- Overview

The​ ​Manufacturing​ ​sector​ ​in​ ​India​ ​contributes​ ​to​ ​just​ ​16%​ ​of​ ​India’s​ ​GDP​ ​but​ ​there​ ​is​ ​a​ ​huge potential​ ​to​ ​grow​ ​the​ ​numbers​ ​as​ ​India​ ​is​ ​predicted​ ​to​ ​be​ ​in​ ​the​ ​top​ ​3​ ​by​ ​2050.​ ​As​ ​per​ ​the research​ ​by​ ​PwC,​ ​India​ ​will​ ​be​ ​the​ ​fifth​ ​largest​ ​manufacturer​ ​in​ ​the​ ​world​ ​by​ ​2020.

With​ ​the​ ​introduction​ ​of​ ​GST,​ ​the​ ​movement​ ​of​ ​goods​ ​between​ ​the​ ​states​ ​has​ ​become​ ​seamless as​ ​there​ ​is​ ​a​ ​single​ ​unified​ ​tax​ ​structure.​ ​This​ ​will​ ​bring​ ​down​ ​the​ ​cost​ ​of​ ​production​ ​and​ ​due​ ​to input​ ​tax​ ​credit​ ​claiming,​ ​there​ ​will​ ​be​ ​an​ ​increased​ ​cash​ ​flow​ ​too.

Your​ ​manufacturing​ ​business​ ​needs​ ​a​ ​one​ ​stop​ ​software​ ​which​ ​can​ ​take​ ​advantage​ ​of​ ​the​ ​GST and​ ​help​ ​you​ ​run​ ​the​ ​business​ ​effectively​ ​and​ ​​effiGST​​ ​is​ ​our​ ​answer.

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