Is all the billing for the past month done?
Have all the purchase invoices received for that month?
Is every invoice of every supplier matching with the portal?
Which are the invoices, about to put our ITC at a risk?
Every month these kinds of questions and worries are common with the Accounting/ Finance and Management teams of many organizations. Lot of precious man hours are regularly getting consumed in these tasks, we also subscribe to many software utilities, additional involvement of CA’s and still there is no certainty as everything is being done in a disconnected manner. The scenario is mainly –
Data there in your Tally as purchase entries.
Data there on the GST portal – as filed by your different known, unknown suppliers.
Data exported from Tally to import it in another software or reconciliation utility or sending it to CA to match it for you.
Handling the alterations which have taken place after exporting the data for the above task.
Doing the above data exchange multiple times for multiple reconciliation attempts also seems to be a headache.
Just imagine, what if we can consolidate these fragments of effort!
Yes! Now you can think of having big relief for the regular challenges standing there in timely and accurate complaints on a monthly basis.Your most favourite business management tool Tally is about to launch some remarkable enhancements (in its upcoming release 5) by introducing a connected GST framework.
Very soon you will be able to leverage on the integrated GST experience with Tally, facilitating you majorly with-
Downloading of GST Returns (2A, 2B)
Return Reconciliation
Input Credit Risk Analysis
Uploading of GST Returns (R1, 3B)
Filing of the Returns
Creating Ledger Master by putting the GST number first.
Real Time validation of existing GSTIN in data.
All this will be possible from Tally Application only, means no need to go to the GST portal, No exporting / importing of data, no other utility needed. Resulting in a seamless experience with big saving of time & effort along with least errors.
So… Get ready to witness the magic of ‘Connected GST’ and increase ease of ‘doing business’. If you wish to explore it’s pre-release! Just drop a mail to us on support@impressivestar.com.
#GST Returns
#GST Filing
#GST Payable
#GST Input Reconciliation
#Integrated GST