This tool helps avoid the manual hassle of downloading and uploading data to the GSTN and improves accuracy of GST filing for Tally users
Bangalore, 28 May, 2018: ClearTax today launches its ‘Tally Connector’ which enables users to easily import the accounting data from Tally to ClearTax GST in a single click. In case of errors in the data imported, ClearTax helps users with action to be taken to resolve the error. Once the data is in ClearTax, data validation and GST return filing is super easy and can be done within minutes, reducing both time and effort spent.
Traditionally, businesses were using Tally and needed something which could act as a bridge between Tally and GST reporting. Earlier, users had to manually download the accounting data from Tally and upload it to the GSTN to file their returns. In case of errors in data, the entire process of preparing, downloading and uploading had to be re-done. This is was Cleartax Tally Connector addresses.
ClearTax GST helps reduce the time taken, the manual effort involved and the chances of errors in filing returns. By using ClearTax Business Intelligence reports businesses can check for mismatch (if any) in data and observe business trends. The ClearTax BI Reports are a boon to managers, business owners and tax professionals as they help check errors in tax payment and avoid unnecessary notices from the tax authorities.
Speaking on the launch, Archit Gupta, Founder & CEO, ClearTax said, “Our technology team succeeded at holding the pulse of small businesses; this has been a much-requested feature and we believe will help a large audience fine-tune their compliance process.”
It is not necessary for an SME to have previously used the ClearTax GST Software to start using the Tally Connector. They will be able to see their historical GST data any time that they start using the software.
Note: The Tally Connector is available for free currently, and takes only 3 minutes to install. Along with this, ClearTax is also providing additional services to SMEs to become GST-compliant.
ABOUT CLEARTAX
ClearTax, India’s largest e-filing platform, has launched an investing platform to help people meet twin goals of smart investing and tax saving in a completely paperless manner. Our handpicked, well researched mutual funds let people build wealth, easily and simply.
Compliance with taxes is imperative, at the same time it can be difficult and cumbersome. ClearTax has set itself on a mission to simplify taxes & compliance for India. ClearTax’s intelligent solutions positively impact business growth and profitability and make compliance smooth. In a short span of 4 years, ClearTax has become India’s number one fintech company with a suite of products for taxation, legal & operational compliance and also investing solutions.
The ClearTax GST Software, India’s first ready-to-use GST-compliant billing and filing solution is currently used by over 5 lakh businesses, 1.5 lakh CAs and tax professionals, and over 500 large enterprises.
ClearTax’s income tax return e-filing solution is used by over 2.5 million Indian taxpayers making it India’s number one e-filing platform. Over 25,000 CA Firms use the ClearTax platform for tax & TDS returns. Thousands of employers use ClearTax to generate Form 16s. ClearTax also offers expert services to startups for incorporation and legal compliance.
ClearTax Sign is best-in-class Digital Signature tool that allows bulk signing and emailing of documents to recipients. It is an accurate, highly secure and integrated solution that can integrate APIs with other document handling applications for ease of use. It can process over 150 digital signatures in one second with 100% accuracy.
ClearTax is Y-Combinator’s first India-focused investment. ClearTax raised $12 Mn in Series-A round of funding from SAIF Partners in 2016. It also counts Sequoia Capital, Max Levchin, Scott Bannister, Neeraj Arora, Vijay Shekhar Sharma and Naval Ravikant as its investors.