Accounts that keep themselves
Every bill, purchase, wastage, expense and salary posts a balanced voucher on its own, with CGST and SGST in their own payable accounts. Your P&L, balance sheet and GST summary are always current for an April to March year.
| A/c | Dr | Cr |
|---|
Gross profit · Today
₹18,400
GST, done the way Indian restaurants file it
Feazio opens your books with India’s rules: GST added on top of menu prices, split into CGST and SGST on the bill and in the accounts, rounded to the rupee, in an April to March year.
- Tax on the bill
- GST per dish, usually 5% without input tax credit; 18% with credit for a restaurant in a hotel with room tariffs above ₹7,500. Printed as CGST and SGST, half each.
- Menu prices
- Quoted before GST; the tax is added on the bill.
- Service charge
- Off by default. Consumer Protection (CCPA) guidelines say it must not be added automatically and a guest may ask to remove it.
- Rounding
- To the nearest rupee, as Section 170 of the CGST Act allows, with the round-off shown on the bill.
- Tax return
- GST summary by rate with CGST, SGST and B2B bills, ready for your CA to file GSTR-1 and GSTR-3B.
- Financial year
- 1 April to 31 March.
- Registration
- Compulsory above ₹20 lakh turnover (₹10 lakh in special category states).
- Tax accounts
- CGST Payable, SGST Payable and IGST Payable, plus Input Tax Credit, added to your chart of accounts.
SPICE GARDEN
Downtown · Table 7
BILL-00342
Cash · Card
★★★★★
What your bill prints
- “Tax Invoice” with your name, address and GSTIN
- Consecutive invoice number and date
- HSN / SAC code
- Taxable value, and CGST and SGST rate and amount, each shown separately
- Place of supply
- The guest’s GSTIN for a business bill
How each bill is booked
- 1Cash or card received (Dr)
- 2Sales (Cr)
- 3CGST payable (Cr)
- 4SGST payable (Cr)
- 5Round-off (Cr or Dr)
Good to know
- Sales to another state are IGST instead of CGST and SGST.
- Your Feazio subscription carries 18% GST, with a GST invoice for your input credit.
These are the defaults Feazio sets up for India. Tax rules change and every business is different, so your accountant can change any of them in settings.
Double-entry accounting
Not a spreadsheet
A real chart of accounts under every sale. The trial balance always balances and cost of goods comes from real stock.
- Automatic vouchers
- P&L, balance sheet, trial balance
- Journals, payments and receipts
| A/c | Dr | Cr |
|---|
Gross profit · Today
₹18,400
GST summary
Your GST return, prepared from the bills
Taxable value and tax for every rate, with CGST and SGST split, and B2B bills carrying the guest’s GSTIN counted apart. Input tax credit on purchases is tracked in its own account. Hand it to your CA for GSTR-1 and GSTR-3B.
- CGST and SGST per rate
- B2B bills with the guest’s GSTIN
- Input tax credit from purchases
| A/c | Dr | Cr |
|---|
Gross profit · Today
₹18,400
Reports & dashboard
Answers, not exports
Sales by hour, dish, category, staff, channel and outlet. Live dashboard, scheduled reports and exports.
- Live owner dashboard
- Outlets side by side
- Excel, PDF and CSV
Net sales
₹84,200
+12%
Guests
212
+8%
Labour
24.6%
−1.2
Risk & leakage
See what slips through
Voids, discounts, cancelled items after the KOT, reprints and drawer opens, by person, so leakage shows up the week it starts.
- Voids and comps by person
- Cancellations after KOT
- Drawer opens with no sale
Net sales
₹84,200
+12%
Guests
212
+8%
Labour
24.6%
−1.2
Nine products. One login. One set of numbers.
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