Tally 4.1
Experience a new-age business management software for new-age businesses. Now, with simplified MSME payments, e-commerce report in GSTR-1, intuitive report dashboards and more.
TallyPrime and TallyPrime Edit Log Release 4.1 bring great delight to you with the following
offerings:
- The provision to update MSME Udyam number for a company and its MSME suppliers.
- You
also have the option to quickly gather details of all unpaid bills to MSME suppliers, and easily
comply with section 43b(h) of the Income Tax Act.
- MSME
With the new MSME feature, both MSMEs and businesses trading with MSMEs can identify MSME
status and track pending bills for timely payments. Moreover, buyers from MSMEs can quickly file
their Form MSME 1 with complete details of overdue MSME payments. Further to comply
with 43b(h) of income tax act, a buyer can instantly generate the list of bills.
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Registered MSME Businesses can:
Set up UDYAM Registration Details received from the department. They can also alter the
details and keep track of all such alterations along with the applicable dates.
Print invoices with UDYAM Registration Details, to inform buyers about your MSME status.
-
Get details of due or overdue receivables quickly and send reminders to receive payments on
time.
Businesses trading with MSMEs can:
Set up MSME status of suppliers.
Identify bills related to MSMEs and make payments before the due date to avoid interest.
Get information related to MSMEs with overdue payments readily and report the same in Form
MSME-1.