The world is fighting a crucial battle with COVID-19! The pandemic has affected several industries impacting the income of small businesses, self-employed workers and accountants. We have been working with many SMEs in the last few years, and these are unprecedented times that we are all facing. While we have taken some initiatives to keep business continuity going as much as possible, we have also put together a help page for our customers and SMEs. Here we share some insights on the overall business impact and the sectoral impact of COVID-19, along with which we will throw some light on the measures that government has taken to mitigate financial risks for enterprises. We would also take this opportunity to highlight some of the key initiatives, Tally as a company has taken, to offer support to the ones in need. If you need any additional support/help, please get in touch with us, here.
With governments taking several safety measures to curb the massive spread of COVID-19, businesses are adjusting to the evolving needs. Navigating their financial and operational challenges, several businesses are trying their best to cater to the needs of their employees, customers and stakeholders to minimise the damage caused by this pandemic. With every industry, function and geography affected, the amount of potential change to think through can be daunting. Here you will find the overall impact to various businesses and what are the implications faced.
With demand and supply taking a major hit, several crucial sectors that contribute to the economic growth of the country has been hugely impacted due to COVID-19. From financial institutions to aviation to retail, each sector is juggling with a range of new systems, priorities and challenges, including business continuity risks, sudden changes in volume, real-time decision-making, workforce productivity, security risks.
Tally has always stood by its customers, assisting in the smooth running of their business. We understand how crucial it has been for our valued customers to recuperate from this situation and run their business seamlessly. Here are some of the measures we have taken, to assist and provide full support to the business owners.
For our existing customers whose annual Tally Software Services (TSS) subscription stands expired as on March and April 2020, we have provided an extension of 30-days. This extension has benefited over 1.3 lakh small and medium businesses.
With remote working coming into action, it’s crucial to get access to tax-related information sans any contingency. With this GST Pro locator tool, you can get assistance from our network of GST professionals and be tax compliant worry-free.
Stay up to date with our upcoming webinars, which will help you understand how Tally.ERP 9 will benefit your everyday business needs and address any queries you may have.
To offer adequate support to our customers, we are available throughout the week from 10 am to 8:30 pm. Please feel free to reach out to us for any queries or assistance.
We have helped over 1,500 students from less fortunate communities get access to ration needs and emergency supplies during the lockdown.We are aiding doctors, nurses, Read more+ frontline healthcare workers and patients get health supplies/ equipment and nutrition kits across 30 hospitals as they fight the ongoing battle. We are continuously offering support to over 1,300 families of daily wagers, ragpickers and migrant workers, get access to ration needs and provided 5,000 meals so far to daily wage and migrant workers who have been affected by the lockdown. We have helped NGOs procure feed for over 300 rescued animals during the lockdown and joined hands with Elixir Foundation, Action Aid India, Cry India and Habitat India in their initiatives, to make a difference fight this tough battle. Read less-
Tackling this unprecedented challenge requires a systematic approach and mobilization of all stakeholders involved, to respond. The government has started taking some steps to keep the MSME segment afloat. The Reserve Bank of India recently introduced Long Term Repo Operations (LTRO) worth Rs 100,000 crore to help banks increase lending at cheaper interest rates. In addition, Finance Minister, Nirmala Sitharaman, also announced the extension of the last date to file belated ITR for all businesses for the FY 2018-19 from March 31 to June 30. The deadline for GST returns filing for March, April and May is now June 30.
With the extended lockdown and industries coming to a standstill, the government introduced relaxations on filing GST returns to help businesses curb the damage of COVID-19. Click to find out how the new GST compliance calendar looks like.
Revised GST return due dates, wavier of late fees and interest for delayed filing, the extension of due dates of composition dealers etc. are some of the changes as part of COVID-19 relief measure announced for business registered under GST. Click to know more
Prime Minister Narendra Modi, in his quintessential shock-and-awe style, yesterday announced a humongous economic package, which sought to go beyond providing immediate relief against coronavirus fallout, to make India a self-reliant economic powerhouse in the decade to come
Storage and Retrieval of Documents is very important task for any organization. Majority of Documents of the organization has direct link with Accounts/ Inventory functions. In this module the soft copies of documents are supposed to be stored in a pre-defined folder on the Hard Disk. The link between accounting/inventory transaction has been provided . Just by a single click on a Button provided on each screen of Tally software, a List of document linked to the respective Master / Transaction gets opened. The documents created in MS Word, MS Excel, PDF Documents or scanned images can be linked to the transactions entered in Tally
Tally Multi-state GST Module helps to maintain the accounts company located in different states more effectively and accurately, in a single Tally company. It automatically takes the GST rules of the branch and implements it automatically while making the Invoices as well as reports.
This add-on includes an Auto Signature Module & Stamp which helps you to print digital signature. It prints digital sign on the bottom of invoice/voucher.
Multiple documents and files can be attached in ledger & all transactions that ensures their easy finding. The attachments can be opened and viewed by the users, linked to the voucher transaction from Reports.
Send Any Document from Tally Directly by Using WhatsApp and Save You a Lot of Time by Integration of Tally for WhatsApp.
A Dynamic Solution to integrate various Marketplaces like Amazon, Flipkart, Snapdeal, Meesho, Udaan ,Paytm or any other e-commerce portal.
Digital Signature in Tally has been developed taken into consideration new GST invoicing rules where gst compliant business have to sign their sale invoice, credit note, debit note purchase order digitally.
Tally SMS plugin is a unique CRM tool that helps you Stay-in-Touch with your customers, distributors, dealers, resellers, agents, other business associates and even your employees in a very cost effective manner using the powerful medium of SMS communication. With Tally SMS, a low-cost add-on module, your existing Tally erp 9 Accounting and Inventory software also becomes a powerful marketing tool.
With this Integration tool, you will be able to create sales invoice, debit notes, credit notes, receipts from the transaction excel file downloaded from Flipkart, Amazon, Snapdeal etc into Tally.ERP 9. The integration tool has been helpful to reduce around 15 man days of work every month Avoid Duplication of Work Reduce Errors & maintain Data Integrity, Save Time & increase Productivity.
Providing supporting document at the time of audit to CA or Auditor is a very time taking task and some time to get particular invoice details we have to work hard . In our day day life we search and refer manual records to recall some information
GST Return preparation is primary part of each business.Our GST lock tdl help to lock the masters and vouchers once gst return is uploaded. With enhance security and workflow it will save your filed return from mismatches.
With work pressure building up due to the lockdown, we must continuously try to channelise our energy into doing something productive and valuable for our growth, both personally and professionally. In such tough times, it’s crucial that we work collaboratively and spread as much positivity as we can, so we can fight this battle and mitigate damage to the largest extent possible. Here are some ways in which you can make the most of your time and cope with everyday stress.
Tally.ERP 9 is as simple as it can get. Check out how you can access Tally seamlessly without any assistance right here.
Interested to know which reports are crucial to run your business efficiently? Well, Tally blogs are here to help you understand the importance of each one of them and how to access them seamlessly.
Make the most of your free time by listening to some expert opinions from global leaders and motivational speakers to give your senses the much-needed boost and positivity during such tumultuous times.