Tally Solutions: New Functionalities And Updates For Small Businesses

Tally Solutions: Tally is a well known business solution software platform used by various businesses worldwide. This software is widely used for accounting, financial management, tax compliance, budgeting, inventory management, sales, GST Compliance, and more.

Recently, Tally introduced a lot of new fixes and advanced features on its platforms. With Artificial intelligence integration on the tally platform, various routine tasks can be automated, which saves time and resources. Tally is continuously working towards making all major business features available on a single platform. Let us know some of the major updates by Tally Solutions.

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What is Cooking at Tally Solutions?

Tally Solutions aims to provide larger financial services which will bring a lot of benefits especially to the small businesses which are getting digitised. As per the reports, Tally solutions is planning to provide credit offerings to individuals and businesses along with a larger financial reconciliation.

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The company is also aiming to provide integrated tax filing services that provide streamlined solutions to its users on a single platform. It would help businesses link accounts, payroll, and other financial management systems and calculate GST, tax filings,etc.

Also, Check Best Inventory Management Software in 2024

Everything New Available on Tally Solutions

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Tally Solutions is a Bengaluru based enterprise resource planning company continuously working on building an integrated accounting and financial platform to help small businesses through connected services.

Tejas Goenka, managing director at Tally Solutions said “We are working with banks to make business banking and reconciliation a lot easier with Tally.”

Tally Solutions is now working on a platform to provide quality lead services to banks and help them connect with the Tally platform. With more and more small businesses getting digital, Tally Solutions is continuously working towards developing its platform to provide various banking and financial services through a single platform.

Tally Solutions is looking for sustainable ways of providing various services to its users. They are already providing GST Compliance and e-invoicing through their platform.

Major Challenges for Small Businesses

Tally Solutions is continuously working on increasing features in order to provide all major services on their platform so that users, especially small businesses making a transition to digital platforms do not face a lot of trouble, everything can be handled on a single platform.

The major challenge for various small, especially new businesses is taking a lot of paid subscriptions for various services which becomes hefty and tough to manage especially for startups with limited funding sources.

Also, check Cost of Tally in 2024

Tally Solutions aims at creating common solutions and hassle free platform services for its users. You might stay updated with the latest updates on Tally Solutions website or connect through tally solutions customer support service.

Also check 10 New Features of Tally Prime in 2024

New Features and Updates by Tally Solutions?

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There are many major updates and feature updates tally solutions introduced recently and they are working on several other projects. Let us know what changed recently on Tally.

Create and File GSTR-1 and GSTR-3B

Now you can easily create and file your GSTR-1 and 3B directly on Tally Prime. Effortless uploading of invoices and financial data on the GSTN portal. Chances of errors are significantly reduced with automatic error detection and correction before submitting GSTR on the portal. You can also download GSTR statements with a single click.

Tally Prime Smart Analysis

You can easily review your data and get accurate insights using Tally Prime’s smart analysis of GST reports. This will help you plan your investment flow after taking an overview of the ITC risks.

Real time Status Updates

You can now directly transfer and download your data from the GSTN portal without any errors and built-in validation techniques to prevent any unauthorised access. You will receive all real time notifications of any pending tasks, deadlines, return filing status, etc.

Integration of AI

With AI in tally, now various repetitive tasks can be automated. For instance, we can now automate TDS calculations on the Tally Platform easily. Ai integration on tally is to increase error free uploads, and accuracy on the platform.

Also, check Cloud in Tally

Tally Solutions on Whatsapp

You can connect your Tally Prime application to your personal WhatsApp and get real time updates on the app. Various features are accessible through whatsapp to make higher accessibility for the users.

Bulk Ledger Features

Create multiple ledgers on Tally Prime by importing data directly from GSTN portals.

Gst compliance
E-INVOICING
Tally Solutions whatsapp

Master Tally Prime with PW Skills

Are you longing to add Tally Prime to your skillset? Then consider your waiting time finished with the two most updated Tally Prime certification courses on PW Skills.

If you are a beginner having completely zero knowledge of Tally Prime, then you might start with the basic course at PW Skills. Learn from the best industry experienced mentors on our platforms with real time projects to help you strengthen your practical skills.

If you are a working professional having knowledge of Tally Prime looking for a career shift or adding a skillset to your portfolio, then our advanced course is the best fit for you.