Since the e-invoice standard is constantly evolving, it’s vital that businesses stay up-to-date with the latest changes. The obligations for companies to create and submit electronic invoices (e-invoices) (e-invoices) for every tax-exempt supply is an important element of the GST. E-invoices are produced and distributed through a centralized gateway, referred to as the electronic invoice portal.… Continue reading Understanding e-Invoice Penalties: Strategies to Minimize Penalties.
Continuous cash flow and efficient credit management are essential to the success of running your business efficiently without any issues in the process. What is cash flow management? The management of cash flow will ensure that there are sufficient funds are flowing in and out of your company. It is essential to have enough cash flow… Continue reading The Secret to Seamless Cash Flow & Credit Management.
As QuickBooks shuts its operations in India, is your business looking for hassle-free data migration? Migrating from QuickBooks to TallyPrime is the apt choice for your business. Trusted by more than 2 million businesses, TallyPrime is a comprehensive business management software that eases your accounting process and simplifies business processes with in-depth reports, accurate accounting,… Continue reading Using QuickBooks? Here’s Why Tally is the Right Fit for your Business.
TallyPrime on AWS is a powerful tool that transforms the way businesses operate. It empowers over 7,000 companies with more than 22,000 virtual machines. TallyPrime is installed on each virtual computer, allowing it to be accessed anywhere and anytime. Virtual computers and virtual offices TallyPrime for AWS provides each customer with a virtual office that… Continue reading TallyPrime Scalability and Reliability on AWS
Many small and medium businesses (SMEs) are faced with the challenge of managing their operations without going bankrupt. Finding a solution with comprehensive features and a reasonable price can be like striking gold. Budgets are tight, expectations are high and budgets are limited. TallyPrime is your goldmine of business management software. All its features are available… Continue reading Are you looking for a Business Management Software that is affordable? Tallyprime is available for as low as Rs. 750.
Do you have a regular business that involves trading, manufacturing, reselling, or providing services? GSTR-1 reconciliation is something you should not overlook. Here are some benefits that your business can get from GSTR-1 reconciliation. It is good to reconcile return data, especially when it is filed by an employee at a different branch or a third… Continue reading GSTR-1 reconciliation is a great way to keep your books in sync.
E-Invoice (also called electronic invoicing’) is a system that allows the majority of B2B invoices are uploaded electronically and then validated by the specific portal. IRP generates a unique Invoice Reference Number (IRN) on each bill that is authenticated successfully. Every invoice is signed digitally and comes with the QR code, as well as the IRN. As… Continue reading Step-by-Step Process for e-Invoicing Registration: How to Get Started.
The GSTR-2B statement is a monthly ITC statement generated by the taxpayer. The information is uploaded and submitted by suppliers in their GSTR-5 and GSTR-6. The GSTR-2B displays the ITC available and the ITC unavailable to the taxpayer, based on documents filed by suppliers. GSTR-2B will be generated on the fourteenth day of each month. GSTR-2B, once generated,… Continue reading What is GSTR-2B?
Because of the ease at that you can make payments to your customers and also settle transactions, electronic payments have been making news within the business. Nowadays, more and more companies are accepting payment via QR codes, links and other platforms that are digital; and TallyPrime will be there to help you on your journey… Continue reading Digital Payment Requests in TallyPrime via UPI.
Tally has been a robust client running within the Windows platform on its own without the need to connect to other systems for a long period of time. However, with the evolving market and business landscape, Tally is transforming and providing capabilities that require it connect to third companies. A few of these are e-invoice bill generation… Continue reading 3rd Party Integration Testing Challenges & Tally Way of Testing.
