Now a days it doesn’t matter if you are doing a small business or running a large organization, you need to manage your work efficiently. Choosing Tally ERP 9 makes the accounting related processes reliable, either single user or multi user.
What is Tally ERP 9?
Tally ERP 9 is the best accounting software in the business that allows you to supervise multiple business related complicated tasks with comprehensive control through a single operating system easily. It has dedicated functionality and control system to fulfill the requirement of organizations having small to large structure.
It’s features allows you to command your accounts, payrolls, inventory, invoices, warehouses etc. with efficient access and easy to use.Tally ERP 9 is a flawless fusion of simplicity, flexibility and control over the business operations.
Tally.ERP 9 Release 6.1.1 incorporates key points from the most recent GST Council meeting.
As per the law:
Reverse charge mechanism under section 9(4) of CGST / section 5(4) of IGST Act suspended till 31.03.2018.
By default, Release 6.1.1 does not consider reverse charges liabilities into the returns. Use Enable tax liability on reverse charge under F11: Statutory & Taxation to consider reverse charge liability.
No need to pay GST at the time of receipt of advances on sale of goods for taxpayers with turnover up to Rs. 1.5 Cr.
By default, Release 6.1.1 does not consider taxes on advances received. For businesses with more than Rs. 1.5 Cr aggregate turnover, use Enable Tax liability on advance receipts under F11: Statutory & Taxation to consider tax on advances received.
With Release 6.1.1, you can look forward to:
Better GST billing experience
Specify the discount value for each item in the invoice, and the discount value is considered as part of the assessable value of an item.Cash sales are considered as local sales by default now. Cash transactions will be much faster and error free.
Improved GSTIN validation
Tally.ERP 9 validates the party GSTIN (as required by the GSTN portal) when you create a party or export GSTR-1. This helps avoid invoice rejection on the GSTN portal due to incorrect party GSTIN.
Deeper GST insights for outward supplies
Do more with your GSTR-1 report. The Return Format view gives you the list of tables in the GSTR-1 return, and this is similar to the view in the offline tool. Drill down from each line to view a replica of what will appear in the GSTN portal. The Summary view gives you a nature of transaction-wise view, with an option to detail it out rate-wise for further analysis.
Better control of round-off mismatches
We have introduced an option in F12: Configure to define the band for round-off limit for mismatches. With this, you can choose to ignore mismatches in tax calculation that occur due to minor round-off differences, up to a specific amount. Fewer mismatches to resolve means lesser work.
Enhanced GSTR-1 export capabilities
If you are using compound units of measurement in Tally.ERP 9, you will be happy to know that you can now map UQC to either unit of measurement. Therefore you will have a more accurate HSN summary in your GSTR-1 e-Return.
Option to enable or disable HSN Summary to choose if you want to export or ignore the HSN Summary for GSTR-1 filing.
Option to view the HSN Summary by HSN, or description, or both as per business needs.
Now the docs sheet is also filled in the exported MS Excel to give you a complete GSTR-1 e-filing experience.
NO.1 ACCOUNTING SOFTWARE TALLY.ERP9 NOW with GST Compatible (GST Ready Tally).
Currently, the company has launched a Tally Latest version which is GST compatiable.This software helps the taxpayers to migrate and register themselves on the GST government portal without any session expire as the company understands the tedious task of registration in which one has to insert complex data which needs time and patience. The ultimate benefit of the GST compatible will help seamlessly to align the taxpayer with the upcoming GST structure.
As the Indian Govt. has already revealed that the returns and registrations under the GST regime will be carried away online and so the requirement of a good user-friendly software will be much needed. The GST software is designed in such a manner that the GST work becomes hassle free.
Features of GST Ready Software
Tally ERP 9’s latest release is quicker, lighter, optimized and hassle-free when compared with its predecessor.
As far as data sharing and synchronization is concerned, this release incorporates some major factors such as data sync on demand, authenticity, security, and reliability.
With this you can share information across your determined locations including suitable update of any modification, without being constantly connecting to each other.
One of the benefits of this Tally release is that you’re ready to go in just a few seconds. All you need to do is use the zero configuration installer that makes installation simpler.
Generation of Invoice as per GST Guidelines and Invoice Format.
E- filing of All Type of Dealer Returns Facility
Facility of e-Payment of Taxes as per Liable GST Rates
Tax Liability Register, Credit Ledger, Cash Ledger will be made possible
ITC Match/Mismatch Report generation
Reconciliation with Online GST Portal and other official GST Links
TallyWale – India’s Leading Tally Certified Partner for Tally ERP 9.
Generate 100% accurate tax returns in a matter of minutes.
Synchronise your business data across locations without the need for rigid schedules.
Powerful remote capabilities that boost collaboration .
Low cost of ownership via quick implementation, Tally Integrator, Support Centre..
Manage your working capital requirements and plan your cash in the most efficient way.
Enjoy personalised updates and a memory optimised system performance.
Powerful and simplified statutory functionality.
Capability to seamlessly manage Swachh Bharat cess.