/** * The main template file * * This is the most generic template file in a WordPress theme * and one of the two required files for a theme (the other being style.css). * It is used to display a page when nothing more specific matches a query. * E.g., it puts together the home page when no home.php file exists. * * @link https://developer.wordpress.org/themes/basics/template-hierarchy/ * * @package WordPress * @subpackage Tally * @since 1.0.0 */ ?>
The GSTR-1 form is meant for declaring all outward supplies of a month. It has to be filed by regular dealers on monthly basis. GSTR-1 filing using Tally.ERP 9 is made simpler and easier with several capabilities.
As soon as a user opens the GSTR-1 form in Tally.ERP 9, the software bifurcates transactions which are relevant for GSTR-1 but are not included in the form due to incompleteness or errors. This makes it easy for users to easily correct these transactions.
Tally.ERP 9 also guides users by specifying the error. For Example: Incorrect GSTIN or incorrect tax type and many other such errors get highlighted for the user. The powerful error detection and correction capability lets users to make all necessary corrections in the GSTR-1 form before filing. This helps them to file GSTR-1 correctly with the right data, while also saving time and effort.
GSTR-1 can be exported from Tally.ERP 9 in two formats, MS-Excel and JSON. If you wish to export GSTR-1 in MS-Excel format, then you must first download the GSTR-1 Offline Utility tool from the GST Portal. When you provide the location path of the tool in Tally.ERP 9, it exports GSTR-1 form into the Offline Utility tool. Users can easily recheck the values, although Tally.ERP 9 already does this check before converting the form into JSON format which can then be uploaded on the GST portal.
Users can also easily share the MS-Excel file with their tax consultants who can also once again check the file before filing the GSTR-1. If the user wants to further simplify the filing process, he can export the GSTR-1 in JSON format directly from Tally.ERP 9 and file it on the GST portal.
Filing GSTR-1 from Tally.ERP 9 is made simpler by auto bifurcation of B2B invoices, B2C large invoices, B2C small invoices, nil rated invoices and export invoices as per GSTR-1 format. All other transactions such as advances, credit notes and debit notes also get automatically included in GSTR-1.
The Document Summary which contains details of the total no. of transactions with bifurcation based on their type can be exported from Tally.ERP 9. Document Summary can be further uploaded on the GST Portal based on the choice of user, as it is currently optional.
When a user enters a transaction in Tally.ERP 9, he can also update its status at the same time in Tally.ERP 9. At any point in time, he can find out how many transactions were uploaded, how many were accepted or rejected in the GST portal. He can easily view all these transactions as well. Open GST portal from GSTR-1 report in Tally.ERP 9 .
A user can visit the GST portal for filing his returns, or download the Offline Utility tool with a single click from Tally.ERP 9. He can easily navigate to the GST portal for filing his GSTR-1 returns once he finalizes the data in Tally.ERP 9.
Users can view either all transactions at summary level or as per the GST return format level based on his requirement. If he wants to know the aggregate total sales with bifurcation based on tax percentages, then he can view the summary level report. If he would like to view data as per the GST return format with table numbers, then he can view the report as per the GST return format.
For more details on GSTR-1 filing using Tally.ERP 9, visit help.tallysolutions.com.
GST Changes – Joint Development Agreement Developer’s Point of View