Buy and stock
Items with HSN and GST rates
One list of items with unit, rate, HSN and GST rate. Every sale, purchase and stock figure draws from it.
Unit, rate, HSN and GST rate, entered once and used on every document.
- 01Set it right once
- 02What each item carries
- 03A start from your own trade
What this solves
Purchase and stock errors tie up cash and stop production
Orders raised without approval, goods received short or rejected without a record, supplier bills paid before they are checked, and stock figures nobody trusts.
MatruOS takes each purchase from order to goods received to the supplier bill, matches the three, and keeps stock by item and godown from every movement.
You pay only for what was ordered and received, and stock on screen matches the shelf.
Set it right once
A wrong rate or a missing HSN code in the item list repeats on every invoice and in GSTR-1. Get it right once and every document after that is right too.
What each item carries
A start from your own trade
Set-up adds sample items from your trade, which you remove when ready. Check HSN codes and GST rates with your CA before billing.
How it works
How it goes in MatruOS
- Add an itemEnter the name, unit and usual rate.
- Set HSN and GSTAdd the HSN or SAC code and the GST rate.
- Use itThe item fills in on invoices and purchase orders with its details.
- Track itStock on hand for the item moves with purchases and sales.
Questions
Questions people ask
Do I have to add every item before I start?
No. Many businesses start with their fast-moving items and add the rest as they come up. Each item needs its unit, rate, HSN and GST rate before it goes on an invoice.
Do services need an item too?
Yes. A service, such as freight or job work, is set up as an item with its SAC code and GST rate, so it bills the same way.
What happens when a GST rate changes?
Update the rate on the item, and the invoices you make from then on use it. Check the effective date of the change with your CA.
Read next
Where to go from here
Run the whole business on one system Set up for your trade.
Describe your business once. MatruOS sets up your apps, brings in your data and puts Muni and the AI team to work, with your approval on every step that matters. 7-day free trial, no card needed.
See plans and what each includes