Record Fixed Asset purchases in account invoice mode For your convenience, you can now record Fixed Assets purchases in account invoice mode as well. This was earlier possible only in the voucher mode. Automatic rounding off invoice amounts Create a Round off Ledger and select Invoice Rounding as the type […]

The latest version under Tally.ERP 9 Release 6 series is Release 6.4.8, launched on 3rd October, 2018. Below are the key enhancements of Tally.ERP 9 Release 6.4.8: Latest changes in e-Way bill are now supported Support for latest e-Way Bill Offline Tool Version 1.0.0918 You can now export details of […]

Why PPF? PPF is still a preferred debt investment choice for two reasons Investor guaranteed returns and tax savings. Can we have more than one PPF Account? No, PPF rules allow only one account to be opened in one name. Someone with a PPF account in the bank cannot open […]

The latest version under Tally.ERP 9 Release 6 series is Release 6.4.7, launched on 2nd August, 2018. Below are the key enhancements of Tally.ERP 9 Release 6.4.7: Enhanced GSTIN validation Earlier for few taxpayer types, GSTIN validation was failing in Tally.ERP 9. Now, with this new Release, GSTIN will get […]

The latest version under Tally.ERP 9 Release 6 series is Release 6.4.6, launched on 5th July, 2018. Below are the key enhancements of Tally.ERP 9 Release 6.4.6: Support for latest GSTR-4 offline tool Tally.ERP 9 now supports the latest offline tool, Version 2.3, for GSTR-4 e-Way Bill enhancements in Release […]

New Release Updates in Tally.ERP 9 Release 6.4.4 The latest version under Tally.ERP 9 Release 6 series is Release 6.4.4, launched on 14th June, 2018. File GSTR-3B as per latest changes As per the changes made by GSTN, Tally.ERP 9 supports the latest changes made in GSTR-3B Offline Tool Version […]

New time table for filing returns 1. GSTR-1 (for the month of July 2017) Extended – 10.10.2017 2. For registered persons with aggregate turnover in a state more than Rs. 100 crores., The due date for GSTR-1 for July 2017 will be (Extended) – 03.10.2017 3. GSTR-2 (for the month […]

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GST invoicing and Filing of Returns The GST Council has relaxed filing rules for the first two months’ post implementation. Here’s how to file your returns for these months using form GSTR-3B. The recently concluded meeting of the GST Council on June 18th brought some good news to business owners. […]

GST Slabs total items covered 1211 1. Exempted = 7% of Items covered under exemption 2. 5% lowest Tax bracket = 14% of Items covered under exemption 3. 12% Slab = 17% of Items covered under exemption 4. 18% Slabe = 43% of Items covered under exemption 5. 28% highest […]