Revised MSME Form 1 In TallyPrime

TallyPrime’s revised MSME Form 1 was designed incorporating all recent updates from the MCA as well as v3 portal compliances so that you can remain compliant without stress.

Here is what we have for you:

• MSME Form 1 Update Compliance with MCA Guidelines: The report’s structure and logic are seamlessly integrated with the MCA’s prescribed format. There will be no manual restructuring required. 
• Outstanding MSME Dues Summary Per Supplier: Prepare class wise summary abstracts of pending dues to MSMEs, showing outstanding amounts both below and above the 45-day mark from the acceptance date. 
• Required MCA Excel Format Export: Export statements in excel template formats required by the MCA which can then be directly uploaded to v3 portal of MCA. 
• Consolidation by PAN: TallyPrime’s intelligent grouping and consolidating of dues by PAN allows for streamlined reporting and audit-read data. 
• Adjustable advanced filters: Based on your preferences, select or exclude specific bills or parties. Effortlessly tailor reports to meet your requirements without any limitation. 

TallyPrime has your business covered whether it’s during tax time or audit periods with filings being punctual while staying compliant and always prepared.