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How does an Updated Software Help your Business in Achieving Targets?
The use of updated software for the improvement of services, tasks, processes & data management in companies. Understand why updated software is important for your business.
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Why Connected Experience Plays a Significant Role in Transforming your Business?
Connected experiences help manage data from automated processes & self-learning software to build meaningful relationships. Here's why connected experience is significant in business transformation
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Inventory Accounting – Definition, Types & Working
How does an Updated Software Help your Business in Achieving Targets?
Why Connected Experience Plays a Significant Role in Transforming your Business?
GST Accounting – How to Pass Entries under GST?
Postponement of Audit Trail Rule in Accounting Software to 1st April,2022
Moving to New Financial Year
GST has been implemented in India since 1st July 2017 that is an indirect tax levied on the supply of goods and services. Let’s understand GST accounting & how to pass entries under GST.
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MCA issued a notification mandating the businesses to use the software that has the feature of audit trail. According to the amendment, the new audit trail rule will be implemented from 1st April,2022
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If you are a business using TallyPrime, you can end the financial year with a little drama as possible and be ready to welcome the new financial year.
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Dynamic QR code to enable and encourage digital payments where buyer can scan the dynamic QR code and make payment from mobile wallet directly.
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Tally being a recognized and ISO certified GSP (GST Suvidha Provider), TallyPrime directly integrates with IRP portal to seamlessly generate e-invoices.
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Businesses must mention the HSN code at 6/4 digits on tax invoices from 1st April,2021. Let’s check the specific guidelines and types of invoices on which HSN code is mandatory.
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All the businesses whose turnover exceed 500 Crores in the previous financial year, (starting from 2017-18) are mandated to display QR code on their B2C invoices from 1st December 2020.
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The second phase of e-invoice to be implemented from 1st April 2021 for businesses with the annual turnover of 50 crores or above.
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Sundry creditor is a person who is responsible for the supplies of the goods or services to another business firm on credit basis. Let’s understand the meaning & example of sundry creditors.
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GST Accounting – How to Pass Entries under GST?
Moving to New Financial Year