BANGALORE, INDIA: Tally Solutions has rolled out Release 5.4 of Tally ERP 9 suites to help prepare businesses across the country for the GST regime.
The VAT capabilities in Release 5 are being launched in an incremental manner across India. 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.
While this is the maiden launch of Series 5 in Bihar and Madhya Pradesh; Delhi-NCR, Gujarat, Maharashtra and Tamil Nadu stand to benefit from the enhanced performance experience the 5.4 version has to offer.
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.
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. 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.