Does the Munim support GST?
Yes, Munim completely supports GST Compliance.
It simplifies creating GST-ready invoices, auto-fetch GST rates for the corresponding items from the system while creating invoice, supports return filing for all GST types, enables seamless GST data import, and tracks input tax credits accurately.
Why is current month’s GSTR-2B data not visible?
To generate GSTR-2B, you complete the IMS process then use the Compute 2B option to generate it.
Do small business require accounting software ?
Yes, we highly recommend accounting software for small businesses. Here’s why:
Efficiency and Automation: Accounting software streamlines financial tasks like expense and payment tracking, making your financial management a breeze.
Invoicing: Create and send professional invoices with ease, helping you get paid faster and improving cash flow.
Remote Access: With Munim accounting software, you can access your financial data from anywhere, providing the flexibility and convenience modern businesses need.
Time-Saving: Munim is designed to be user-friendly and easy to set up, so you can start saving time and optimizing your finances immediately.
In short, Munim’s accounting software is the perfect tool to boost efficiency, improve cash flow, and get paid faster, making it a must-have for small businesses.
What happens if I transfer the company ownership?
Once you transfer ownership, you will lose your unrestricted access to the company. And the new company owner will be able to:
- Remove you from the company or change your permissions
- View or edit credit card and banking information
- Pause or close the company
Is it possible to transfer the ownership of the company?
Absolutely! Munim offers a straightforward process to transfer company ownership. Here’s how you can do it:
- Access Company Settings:
- Log in to your Munim account and navigate to the settings for the specific company and go to the User & Permission section.
- Ownership Transfer Option:
- Look for the option related to company ownership transfer.
- Initiate Transfer:
- Follow the provided steps to initiate the ownership transfer process.
- Provide Required Information:
- Complete any necessary forms or provide information as prompted.
- Confirmation and Approval:
- Await confirmation and approval from Munim. This may involve verification steps.
- New Owner Acknowledgment:
- Ensure the new owner acknowledges and accepts the transfer.
By following these steps, you can seamlessly transfer company ownership to another person. If you encounter any challenges or have specific questions during this process, our support team is ready to assist you.
Where can I check the user activities of my Company?
Keeping track of user activities is easy with Munim. Follow these steps to access a detailed user activity log:
- Navigate to Settings:
- Log in to your Munim account and go to “Settings”.
- Select User Activity:
- Within the Settings menu, find and click on “User Activities”.
- Review Detailed Log:
- Access the user activity log, which provides a comprehensive overview of actions performed by users, including date and time stamps.
This user activity log is a valuable tool for monitoring and ensuring transparency in project-related activities. If you have specific questions about user actions or need further assistance, feel free to reach out to our support team. Munim is committed to providing you with the tools you need for effective project management.
Do I need to share my credentials with CA or Accountant?
No, you don’t have to share your credentials. You can simply invite your CA, Accountant, or other staff to collaborate on your business or company.
They can work using their own unique credentials with the permissions that you provide, ensuring secure and efficient collaboration without the need to disclose your personal login information.
How can I add unit measurements to my services?
Munim offers unique unit measurements for the services. If you feel any unit is missing, you can inform us. We will add it to our system.
Can I get Low stock warnings with Munim?
Yes. You can enable the “Low stock warnings” for your products with Munim.
Can I manage GST details for my products or services in Munim?
Absolutely, Munim provides you with the capability to comprehensively manage the GST details of your products or services. Here’s how it works:
1. Detailed GST Information: Munim allows you to input and maintain all the necessary GST-related details for each of your products. This includes GST rates, HSN or SAC codes, and any other useful information required for accurate taxation and compliance.
2. GST-Compliant Invoices: When you create invoices for your products or services, Munim ensures that the GST details are automatically incorporated, simplifying the invoicing process and making it GST-compliant.
3. Taxation Accuracy: With the ability to add GST details, you can be confident that your business is adhering to taxation laws and regulations. This not only ensures compliance but also helps in reducing the risk of errors during tax reporting.
4. Streamlined Reporting: By inputting GST details within Munim, you have access to organized and detailed records, which are crucial for generating accurate GST reports. These reports aid in timely and precise tax filing and help in assessing your business’s financial health.
In summary, Munim’s feature for adding GST details for your products or services is a valuable tool for businesses, offering comprehensive compliance, taxation accuracy, and streamlined financial reporting. It simplifies the process of managing GST-related data, ensuring that your business is well-prepared for tax-related obligations and financial transparency.
I don’t have a physical product. Can I still use Munim?
Absolutely! Munim is designed to cater to all types of businesses, including service-based ones.
With Munim’s powerful accounting software, you can easily manage your finances, invoices, and more, making it a perfect fit for your service-oriented business.
Our software is flexible and adaptable to your unique needs, ensuring you get the most out of your financial management experience.
Is it possible to add bank details of customers or vendors?
Yes, it’s absolutely possible with Munim. When creating a ledger for your customers or vendors, you can easily add their bank details.
This feature simplifies your financial transactions and ensures that you have all the necessary information at your fingertips, making your financial management a breeze.
Can I keep the credit period while creating customers?
Yes. You can add the credit period in days while creating customers in Munim.
How Many Businesses/Companies Can I Add with Munim Software?
You can add an unlimited number of businesses or companies with Munim software. There’s no limit to the number of businesses you can manage, making it a versatile solution for your diverse business needs.
Munim software is designed to accommodate your growing portfolio of businesses with ease and efficiency.
Do I need multiple accounts to manage multiple businesses?
No, you don’t. With Munim, a single account is all you need to efficiently manage any number of companies or businesses.
You can handle multiple business entities seamlessly without the hassle of creating and managing multiple accounts or registrations.
Munim simplifies the process, making it easy to oversee your various businesses from a single, centralized account.