Tally GST

There are just a few weeks remaining for you to get prepared for the roll out of GST, and out of the many questions you will be asking yourself, ‘ what changes should I look for in my system, from my Tax Consultant, or in business processes, in order to better prepare for GST? ’, is likely to be at the top of the list. This article attempts to highlight key expectations and new pain points that are going to emerge in your business due to the upcoming law. These findings surfaced once we refocused our efforts after the constitutional amendment leading up to the GST law. All our work went into identifying new business behaviour changes in order to deliver the simplest-to-use GST solution in the market. As you already know, GST is based on the concept of  invoice matching  and it will fundamentally change the behaviour of your business in the following ways: 1. We believe that you will move to a ‘Payment on Invoice Upload’ behaviour In the pre-GST era; you were able to complete

With just a few weeks left for the roll out of GST, one of the burning questions on your mind as a Tally user is probably, “How will Tally support my business to become GST Ready?” With this blog post, you will understand Tally’s GST product strategy, and how you can smoothly transition into GST with Tally.ERP 9. State of readiness of GSTN As you know, the GST Council has approved the law, and the rules are now being finalised. Finalisation of GSTN APIs and readiness of GSTN are closely tied to the finalisation of GST rules.  Until the GSTN foundation is available with required stability, it is impossible to create a robust and usable GSTN connected product for you. To overcome this dependency, and to help you, our users, be ready for GST, we have formalised a clear GST product roll out plan. GST Product Roll Out Plan Tally.ERP 9 Release 6.0 – Starting with GST Our first major GST release will happen this June. Moving to this release will ensure that you are ready for