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Cloud computing or cloud accounting has become a need of the hour. With remote working taking priority for businesses, there is a requirement to access data across different channels with utmost security and flexibility. Cloud accounting caters to such needs, resulting in scalability and growth of businesses with minimum investment in terms of infrastructure.

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Won’t you just love to have access to crucial business data on-the-go? Will it not be absolutely wonderful to have a report handy when you suddenly receive a call from your buyer/supplier? Say for example, you are travelling to a remote location and do not have access to your desktop, where all your financial data is stored and suddenly there is a need to access your business application.

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Tally Prime supports the e-Way Bill JSON Preparation Tool, Version 1.0.0219. In Tally Prime, you can enter e-Way Bill details only when such transactions are recorded with stock items. The provision to enter e-Way Bill details is not available in accounting invoice mode, and in companies enabled to Maintain only accounts.

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Till date, TDS was deducted only on the notified nature of payments. From 1st July,2021, businesses are required to deduct TDS on purchase of goods along with the current scope of TDS deduction applicable on notified nature of payment or expenditure. With the insertion of a new section ‘194Q’, the buyer is liable to deduct TDS on the goods purchases and remit it to the Government. Let’s understand the new section ‘194Q’ in more details.

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For a smooth transition to the e-invoicing system, it is extremely important that your business management software need to be integrated with the IRP portal.

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Tally Prime, the all new business management software makes it amazingly simpler and hassle-free to create, track and record invoices. Tally prime offers multiple useful features like optimized invoice components, host of configurations, billing mode, more details options and more to make the invoicing process really simple for your business.

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Tally Prime is trying to bring innovation to make life easier for all business owners. It is a new-age tailor made software that makes managing your business much sorted and simpler with the right insights. There are new features that have been incorporated in Tally Prime that will never make you want to get back to any of its older versions

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The new Tally.ERP 9 is now available on the cloud. Cloud-based ERP management is useful because it saves space and time. It is also a very economical solution. It is useful for long term solutions.

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Spectra Compunet is a company that renders professional services in the field of accounting & ERP based on the foundation of the latest Information technology and in a manner, which was a complete departure from the prevalent traditional ways. We believe in teamwork & collective responsibility. Our professional & ethical conduct has ensured value additions to our clients’ needs. Our every concerted effort is to exceed business expectations of our clients and results in long-lasting relationships with them.

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Spectra Compunet is one of the leading firms in Tally solution provider. With exceeded efforts to grow your business, we believe in long-lasting relation with our prestigious clients. We provide employee training to those who are using Tally.ERP 9 and other Tally software.

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Determining the financial health of your business depends on several aspects. One of them is ratio analysis which draws a clear comparison of line items in the financial statements of a business. Ratio analysis is a powerful tool for financial analysis. The report indicates the…

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The 38th GST Council meeting held on 18 December 2019, Wednesday was chaired by our Hon’ble Union FM Nirmala Sitharaman and conducted at New Delhi. A presentation was made to the 38thGST Council on the issue of revenue, GST rate structure and compensation needs of…

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