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In today’s fast-paced world, software solutions that may accept appeared to assignment able-bodied bygone could be clumsy today and anachronous tomorrow. Tally, which started in 1986 as an accounting software continues to abide accepted for added than three decades. Tally has undergone a continued adventure and developed a aing accord with baby and average businesses. The key to Tally’s success is categorical appropriate into the tagline — Ability of Simplicity.

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Tally was one of the aboriginal to barrage a VAT-compliant adaptation for the UAE and Saudi Arabia

“At Tally we are acquainted of the needs of baby and average businesses,” says Vikas Panchal, Business Development and Operations Head at Tally Solutions in the Middle East. “We accept that affective to new tax administration can be a alarming task, abnormally for a arena which is alien to VAT for the aboriginal time. Tally.ERP 9 Release 6.3 enables businesses to accoutrement the software bound and almanac and book VAT bills with ease, acceptance businesses to alpha their VAT acquiescence adventure from day 1.”

More than a actor barter depend on Tally for VAT-compliant invoicing

During the aftermost 30 years, Tally has become an able in enabling acquiescence for businesses in altered (VAT and GST) and circuitous tax environments such as in India. Tally is one of the aboriginal to barrage a VAT adjustable software for the UAE and Saudi Arabia in December 2017 – Tally.ERP 9 Release 6.3. A abiding single-user copy costs Dh2,340 and a abiding multi-user copy costs Dh7,020. 

Customers who are already application Tally.ERP 9 with a accurate cable can calmly advancement to the VAT-ready Release 6.3 for free. Today, over 1.3 actor barter depend on Tally for tax compliance, including 40,000 audience from the GCC. Here is why:

If the appellation “VAT compliance” sounds intimidating, a few account with Tally.ERP 9 will allay that notion. Installation takes bald seconds. You can download the software (under 90 MB in size) from the Tally website and assay it out afore affairs it. 

Tejas Goenka, Executive Director, Tally Solutions, says, “Simplicity, accuracy, aegis and accessible ability forms the foundation of our software, whether it is for a circuitous tax anatomy like GST in India or for a new tax administration like VAT in the UAE.”

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Getting started is as simple as entering your Company Name, the Emirate your business operates in, TIN (or TRN for Saudi Arabia), VAT allotment date and the aeon of your VAT acknowledgment filing (monthly/quarterly). After this, you can alpha entering affairs and Tally takes affliction of the rest. It starts mapping the abstracts to VAT rules in the background.

After you accept accomplished the accessible ancient set-up, your business is now accessible for recording affairs in a VAT adjustable way. From invoices which crave alone the name of customer, b item, abundance and rates, to invoices which crave assorted items and assorted tax types, you can actualize a ambit of invoices with Tally.ERP 9. So whether you are a white acceptable trader, retailer, exporter, importer or a wholesaler, Tally.ERP 9 has all your needs covered.

Tally.ERP 9 software can handle a advanced ambit of business scenarios. These accommodate discounts, bales charges, self-account for about-face charges, ascribe tax acclaim or beforehand receipts. You can ascertain tax at any level, such as b items, balance or group.

The software can handle a advanced ambit of business scenarios

For example: If you are purchasing basic goods, Tally.ERP 9 lets you adjudge how abundant ascribe tax acclaim you ambition to claim. Or if you use the basic acceptable to aftermath exempted appurtenances in the future, you can about-face the ascribe tax acclaim (ITC) and accomplish adjustments.

Tally.ERP 9 prints tax invoices in Arabic, English or both, and in formats as assigned by the Federal Tax Authority (FTA) of UAE and the General Authority of Zakat & Tax (GAZT) of Saudi Arabia. Businesses that accord with assorted currencies can accomplish invoices which affectation the bulk breakups of the affairs in agreement of the altered currencies. VAT gets affected on the abject bill (the bill of your country).

Tally.ERP 9 is adjustable with the VAT guidelines as assigned by the FTA of UAE, and accepted by the GAZT in KSA. If you are in the UAE, you can accomplish your VAT acknowledgment in XML or MS Excel, and the VAT Audit book in ASCII architecture as assigned by the FTA. The acknowledgment gets generated by breaking bottomward the taxable sales affairs Emirate-wise.

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Tally.ERP 9 has congenital checks to ensure abstracts is entered accurately

Tally.ERP 9 has the different adequacy to automatically ascertain errors and accession alerts to let you actual them. For example: You will get alerts on errors such as tax mismatches, missing tax components, amiss TRNs/TINs, and so on. You can accomplish corrections anon as alike the affidavit for errors are displayed. Tally.ERP 9 ensures that your business abstracts is VAT adjustable and up-to-date.

With Tally.ERP 9, you can accomplish a ambit of ytical letters which advice authoritative decisions easy. Afore breeding your VAT return, appearance the all-embracing tax ciphering and assay address which gives a complete overview of all affairs and taxes. It shows you the absolute bulk of VAT to be paid, refundable bulk if any, affairs included/excluded, and so on. 

The RCM (reverse allegation mechanism) address is abnormally accessible if you are importer or accept fabricated purchases from unregistered dealers. In the advances cancellation report. you can canyon aloof one distinct account agenda for all the advances in a distinct click. 

You can additionally get letters on b ageing and movement ysis, accumulation ysis, assets and amount statements, and barring reports. These letters can be generated at any point while application Tally.ERP 9.

When you buy a Tally.ERP 9 license, you additionally get a chargeless 1-year cable to TSS (Tally Software Services). With TSS, you can adore a host of added benefits. You get chargeless artefact upgrades and on-time updates. Business abstracts can be synchronized beyond branches, factories and warehouses appropriate from the abode area you are located. You can consolidate abstracts from assorted locations and accomplish cyberbanking reports. TSS makes cyberbanking easier as well.

Tally.ERP 9 is a defended and a abiding software. “Tally software bears the accomplished levels of security, which ensures no adventitious for any abstracts leaks or compromise,” says Goenka.

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Tally.ERP 9 gives you complete ascendancy over the abstracts

It can bear abrupt ability cuts, arrangement crashes and capricious infrastructure. Your business abstracts will consistently abide safe, defended and up-to-date. Since Tally consumes basal anamnesis space, abstracts backups can be taken calmly and transferred to devices. With able appearance like TallyVault, you can encrypt business abstracts and set up user-level rights for belted access.

Evan Drosopolous, from Comfort Plus Trading Co LLC, says: “We were alien to Tally about 7 years ago by Chaturvedi Accountants. Currently we are application the artefact in 3 food and I can assuredly say that it is the best admired business advance we accept fabricated so far. The artefact is acutely able and is consistently adapted to accommodate any new changes, authoritative the activity of the business buyer actual easy.”

Apart from accounting and inventory, Tally.ERP 9 can be acclimated for accomplishment and job work, amount management, sales administration and so on. You will charge these functions as your business grows. 

Tally provides a absolute online ability abject in the anatomy of TallyHelp. You can email, or admission chat-based chump affliction from their website, or alarm assessment chargeless 971 800 82559. A committed aggregation of bounded on-site and offline abutment is accessible 24×7 in the UAE.

This agreeable comes from Reach by Gulf News, which is the branded agreeable aggregation of GN Media.

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