The Role of AI in Automating GST and Compliance in Tally
The Role of AI in Automating GST and Compliance in Tally In today’s technological focused world, organizations are facing the reality of automating their working process for efficiency and compliance with the legislation requirements. A field where automation can be most effective is in the general management of the Goods and Services Tax (GST) and […]
FAQs on Invoice Management System (IMS)
FAQs on Invoice Management System (IMS) The Invoice Management System (IMS) is a significant improvement on the existing system with regards to B2B buyers with many suppliers’ purchase invoices. IMS provides full control whether you need to approve, reject or review these invoices to check the accuracy and compliance of your ITC claims.How can the […]
An Easy Guide on How to Use IMS in GST Portal
An Easy Guide on How to Use IMS in GST Portal IMS was launched on the GST Common Portal to provide the structure by which buyers can manage their invoices in the GST system. The use of IMS to weed out this problem by providing taxpayers with options to accept, reject, or defer for action, […]
TallyPrime on Cloud: A Game Changer for Small and Medium Enterprises (SMEs)
TallyPrime on Cloud: A Game Changer for Small and Medium Enterprises (SMEs) In essence, in the contemporary business environment flexibility and versatility are two significant factors for business success in today’s environment more so for SMEs. Looking at contemporary business environments, companies require to be faster than ever before, and with technologies in their toolboxes, […]
How to Easily Shift/Migrate Your Data to TallyPrime
How to Easily Shift/Migrate Your Data to TallyPrime Most companies and organisations are in the habit of keeping their books of accounts through Microsoft Excel. Though this may be considered adequate for a small organisation, due to increased operations, such businesses get to a point when they find it necessary to adopt accounting software. Change […]
TallyPrime with WhatsApp for Instant and Secure Communication
TallyPrime with WhatsApp for Instant and Secure Communication In the fast-paced world of business, seamless communication is the lifeblood of success. TallyPrime 4.0 recognizes this critical need and offers a seamless communication with WhatsApp for Business. This powerful combination empowers businesses to communicate quickly, efficiently, and securely with their customers. In this blog, we’ll delve […]
GST E-invoice Mandate: Including 6-Digit HSN for Wholesale Tax
GST E-invoice Mandate: Including 6-Digit HSN for Wholesale Tax Suppose you are a wholesale business owner operating a venture whose aggregate annual turnover (AATO) is Rs. 5 Crores and above. Before, while creating e-Invoices of your transactions, you simply filled in the name of the product, its quantity, the price per item and the tax […]
6 Tasks to Complete Before You Start Your E-Invoicing Journey
6 Tasks to Complete Before You Start Your E-Invoicing Journey Starting from the 1st of August, 2023, businesses with an aggregate turnover more than ₹5 crore in any FY involved in e-invoicing as per GST Notification no. 10/2023. To assist through this transition, effective business management software such as TallyPrime can be used by businesses. […]
What’s New in TallyPrime 5.0? An Overview of Features and Advantages of Implementation
What’s New in TallyPrime 5.0? An Overview of Features and Advantages of Implementation TallyPrime 5. 0 introduces several new features that are aimed at improving the organization’s operations and functionality. It also provides automatic e-invoice creation with tools to manage the data to verify and repair it as well. These improvements are GST compliance […]
TallyPrime on Cloud Service (AWS)
TallyPrime on Cloud Service (AWS) TallyPrime on AWS As business progresses, the structure and requirements of business and their stakes are in a constant state of change. As the current technologies advance and newer technologies are developed, the necessity of being able to access business applications and data from anywhere has become more and more […]
