Goods and Services Tax (GST) first came into effect in India on 1st July, 2017.
With this launch, Tally.ERP 9 came up with the new GST enabled version. Tally is the most popular and reliable GST ready accounting software amongst businesses in India. Tally.ERP 9 ensures you generate GST invoices and transactions as per the GST format.
Businesses need to ensure that the GST transaction invoices are passed with the requisite details, which will later enable them to claim the right ITC, and remain GST compliant while growing continuously.
In this video, we will demonstrate how to configure GST Invoicing Set-up in Tally.ERP 9. Steps involved in Setting up of GST Invoice are explained in the video:-
1. Enabling of GST Module.
2. Sales Voucher Type Creation & its Series
3. Master Creation & Configuration.