As the deadline for e-invoicing adoption approaches for GST registered businesses with a turnover of 5 crores and above, Tally Solutions is committed to assisting these businesses in Pune to smoothly transition to and efficiently manage e-invoicing through its comprehensive and integrated solution – TallyPrime 3.0. The company is actively engaging in extensive efforts to educate businesses across Pune about the necessary amendments to ensure their continued compliance with the regulatory requirements.
Tally has been a frontrunner in driving e-invoicing adoption since 2020. To assist MSMEs in seamlessly adopting these new regulations, the company has launched a 360-degree educative campaign. This campaign aims to help over 184,348 businesses in Pune understand the implications of e-invoicing, e-way bills, audit trails, and the role of technology in facilitating a smooth transition while enhancing business productivity and profitability.
The timing of this mandate is opportune as Tally recently introduced TallyPrime 3.0, a revamped compliance engine equipped with robust reporting capabilities, specifically designed to streamline the management of multiple GSTINs. TallyPrime 3.0 offers enhanced GST rate setup, faster access to GST returns, and an integrated payment request feature aimed at significantly reducing the collection cycle time.
Tally is conducting awareness and knowledge sharing sessions for local businesses along with industry associations in addition to hyperlocal initiatives to raise awareness around e-invoicing implementation. The company remains committed to empowering businesses with the knowledge and solutions required to embrace e-invoicing and drive operational efficiency.
Joyce Ray, India Business Head at Tally Solutions, expressed enthusiasm for the Government of India’s decision to extend e-invoicing coverage to businesses with a turnover of 5 crores and above, effective from August 1, 2023. This extension marks a significant milestone in bringing a larger community of businesses under the compliance ecosystem. Initiatives like these have proven to be game-changers in bringing efficiency, transparency, and profitability to the larger ecosystem.
Having already supported businesses with higher turnovers in previous e-invoicing implementation phases, Tally is fully equipped to assist this larger segment of the business community in Pune as well. With more than three decades of experience in providing comprehensive business management solutions and a deep understanding of MSME requirements, Tally has successfully aided over 2.3 million businesses with their management solutions over the years. The company’s extensive network of over 28,000 partners enables it to reach business owners across the entire country. Tally continues to be the favored option for small and medium-sized businesses in India, owing to its user-friendly, dependable, and adaptable solutions.
As Pune MSMEs gear up to comply with the e-invoicing mandate, Tally Solutions stands as a reliable partner, offering the necessary tools and support to facilitate a smooth and successful transition to e-invoicing, ensuring that businesses in the region can focus on their growth and success with compliance taken care of.
