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.
e-Invoice, also known as ‘Electronic Invoicing’ is a system where all B2B bills are uploaded electronically and validated by a specified portal. IRP creates an unique Invoice Referencing Number (IRN), for each invoice, after successful authentication. The invoices are digitally signed, and include a QR code along with the IRN. This is known as eInvoicing… Continue reading Step-by-Step Process for e-Invoicing Registration: How to Get Started.
In our data-driven society business are creating more data than ever. Data can be an asset however, it can seem complex and hard to understand of. But why do you need to creating dashboards if there are already reports up? Imagine yourself in an library, with thousands of books full of information and knowledge. They contain the… Continue reading How Dashboards Simplify Complex Data for Enhanced Business Understanding
Supply chain disruptions are one of the biggest challenges that business owners face. You may have to prepare for supply chain disruptions if you are a first-time business owner. What are supply chain interruptions? This is a process that occurs when a disruption occurs in the production, sales, or final deliveries of goods to customers. You must understand… Continue reading Navigating Supply Chain Disruptions: Strategies for Resilience in Uncertain Times.
Inventory forecasting is an important aspect of inventory management on which small businesses need to focus. Properly forecasting your inventory can increase your profits, reduce your costs, and prevent stock-out problems. How can inventory forecasting help small business? Find out more in the sections below. Stock forecasting Inventory forecasting is the process of predicting future demand for stocks… Continue reading Inventory Forecasting for Small Businesses