It’s a little over a month that GST has come into effect and under normal circumstances businesses would be hurrying to file their GST returns.
The government with a view to calm the nerves among business owners has provided some relief with the regular filing norms being relaxed for the first 2 months. As a substitute to this, all businesses are expected to submit a consolidated summary of their sales and purchases through a form called 3B. However, this still needs to be a submitted in the GSTN portal like a regular return. Tally Solutions, the premier Indian software company today announced the release of Tally.ERP 9 Release 6.0.3 which will allow users to generate Form 3B.
Given how critical precision of data is in the GST regime, Tally.ERP 9 Release 6.0.3 promises easy generation of accurate Form 3B through its powerful error handling experience which intuitively prompts the user on gaps in transactions and helps correct them. In addition, the release supports vehicle, LR/RR numbers in GST invoices, invoices with cess support for tobacco based products and coal and refund for cancelled transactions against advance receipts and payments. Users will also get a dashboard which details of reverse charge liabilities arising out of dealing with unregistered dealers.
Tejas Goenka, Executive Director, , said “In our continued effort to help India transition smoothly to the GST era, we are making yet another release to support businesses to keep pace with the requirements of the law. The response till date has been phenomenal, with more than 60% of our customers moving to the GST ready release in just 1 month. Once 3B is submitted, we will make yet another release to support our customers to move file their GSTR 1 as early as possible.”
The company along with its 20000+ strong partner network has already conducted more than 7000 GST events across the country. It has tied up with associationslike CAIT, FAIDA, ASSOCHAM, CII and principal companies for the same andreached out to more than 2 lakh businesses already. Tally also launched an exclusive blog (blogs.tallysolutions.com) and mobile app (Tally for GST) to demystify and simplify GST.In order to help businesses who are currently maintaining books manually to automate in the GST era, the company recently launched Biz Guru in association with Acer India and CAIT. Biz Guru is a one stop plug and play accounting and GST compliance solution.They intend to continue these initiatives and drive several more activities to help the business community with GST.
About the product – GST ready Tally.ERP 9 Release 6
ü Tally.ERP 9 Release 6 is easy to use and simple to implement. Designed with a user friendly interface and simplified statutory compliance, the product will empower businesses to be GST compliant from Day 1. ü The software comes with quick and easy set up for the tax changes and makes moving into the new tax era very smooth. ü With the introduction of the concept of invoice matching under GST, accuracy of data is of paramount importance. GST-ready Tally brings forth unique error prevention, detection and correction capabilities both at the invoice and the tax return level. This means accurate invoices and therefore returns, giving business owners complete peace of mind. ü The software will also allow the user to export required tax return data into a spreadsheet which can then be imported into the offline tool provided by GSTN and used for further filing. All the requirements of any business from the launch of GST to return filing dates, stand covered with Tally.ERP 9 Release 6. |
How can customers buy / upgrade?
- Existing Tally Customers can move to Tally.ERP 9 Release 6 by downloading and installing the new release from tallysolutions.com/gst
- Businesses wanting to buy the GST ready Tally.ERP 9 license, can visit the “Quick Buy” section at tallysolutions.com
- For any support on the product, users can visit tallysolutions.com
About Tally Solutions
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 3 decades, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in over 100 countries and continues unchallenged as the industry leader in the enterprise resource planning software domain. The company is also a qualified GSP (GST Suvidha Provider).