Latest ERP version launched in Bihar, Delhi, Gujarat, Madhya Pradesh, Maharashtra and Tamil Nadu
Bangalore, India – 11th August, 2016 – Tally Solutions, the premier Indian software product company, announced the rollout of Release 5.4, the latest version of the Release 5 series from its Tally.ERP 9 suites, in the national Capital Territory of Delhi and five states – Bihar, Gujarat, Madhya Pradesh, Maharashtra, and Tamil Nadu. While this is the maiden launch of Series 5 in Bihar and Madhya Pradesh; Delhi, Gujarat, Maharashtra and Tamil Nadu stand to benefit from the enhanced performance experience the 5.4 version has to offer.
With the constitutional amendment for GST now passed, the entire country is gearing up for the biggest indirect tax regime. Through GST, the government intends to bring about greater transparency in business transactions and simplify compliance needs. Tally.ERP 9 Release 5.4 aims to help businesses ensure that their transactions are correct and complete through the powerful concept of triangulation and with it Tally Solutions will help prepare businesses across the country for the GST regime.
The Tally.ERP 9 Release 5 series is designed to empower businesses to be fully tax compliant, ensuring that tax returns reflect the books of accounts accurately. This helps businesses with simpler, easier and quicker compliance.
The VAT capabilities in Release 5 are being launched in an incremental manner across India. In line with its preceding versions, Release 5.4 is also aimed at supporting businesses with a comprehensive compliance solution for the geographies mentioned above, and provides the latest VAT capabilities. In this regard, Release 5.4 includes all the features present in the releases before it. Additionally, users of Release 5 Series, also stand to benefit from the performance enhancement features incorporated in central taxation capabilities (Excise, Service Tax and TDS) that is applicable across the country.
Since its release in July 2015, Release 5 series has already been made available in 18 Indian states and union territories. With the introduction of the latest version 5.4 in Bihar and Madhya Pradesh, the product currently provides comprehensive compliance support to 20 States across the country.
About Tally Solutions Private Limited:
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 30 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in 140 countries and continues to be the unchallenged industry leader in the enterprise resource planning software domain.