We all know that GST has been successfully implemented in India w.e.f. 1st July, 2017. Under the GST Regime, detailed records have to be maintained with respect to every transaction. In the emerging scenario of GST, accounting will play an important role which should be handled carefully. All details upto the invoice level will be uploaded to GSTN portal for purchases as well as sales.
This increases the importance of the way accounting software is being used. Most software’s are offering end to end facilities relating to input tax credit, its utilization & mismatches and return filing which will help in smooth functioning of business. These changes should be learned by the accounts team to comply with the provisions of return filing in timely and efficient manner.
We are currently taking assignments whereby we can make you aware of the new accounting functions in TALLYthat are important with regards to GST. We can train you about how the following will be done:
Please feel free to call at 78-3505-2508
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