Category: Finance and Accounting
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Top 3 Reasons Why Companies Still Rely on Tally for Accounting, Compliance, and Business Control in India
In an era dominated by cloud accounting platforms and AI-powered ERPs, Tally continues to be a backbone of accounting operations for millions of Indian businesses. From micro enterprises to large mid-sized organizations, companies still rely heavily on Tally for day-to-day accounting, statutory compliance, and financial control. This dependence is not accidental. It is driven by…
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Tally GST Configuration Complete Setup Guide for Accurate GST Compliance in India
Tally GST Configuration is the most critical step for any business using Tally to comply with India’s Goods and Services Tax system. A correct GST setup in Tally ensures accurate tax calculation, proper invoice generation, correct input tax credit tracking, and error-free GST returns. Many GST mismatches, notices, and filing errors arise not because of…
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Best Bluetooth Keyboards for Accounting Work in India (2026 Buyer’s Guide)
Accounting professionals in India spend long hours on data entry, voucher posting, GST compliance, Excel reports, and Tally operations. A reliable Bluetooth or wireless keyboard is not just a convenience—it directly impacts speed, accuracy, and comfort. Choosing the right keyboard can reduce fatigue, improve productivity, and ensure seamless switching between devices like laptops, desktops, tablets,…
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How to Generate GST E-Way Bill Online in India – Step-by-Step Process, Rules, Validity & Practical Guide
Understanding how to generate GST E-Way Bill online is a mandatory compliance requirement for businesses involved in the movement of goods in India. Under the Goods and Services Tax (GST) regime, an e-way bill is required for transporting goods beyond a prescribed value limit. Failure to generate or carry a valid e-way bill can result…
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Top GST Questions for Job Interviews in India – Complete Guide with Answers, Examples, and Practical Insights
Preparing for top GST questions for job interviews is essential for anyone aspiring to work in accounting, taxation, finance, or compliance roles in India. Since the implementation of Goods and Services Tax (GST), companies expect candidates to have not only theoretical clarity but also practical understanding of registrations, returns, input tax credit, compliance timelines, and…
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GST Summary Comparison in Tally and Excel: Detailed Guide for Accurate GST Compliance and Reconciliation
GST Summary Comparison in Tally and Excel is one of the most critical processes for businesses, accountants, and tax professionals in India. In the first 100 words itself, it is important to understand that GST compliance is not just about filing returns but also about ensuring that data reported in accounting software like Tally perfectly…
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Understanding GSTR-9C and Annual Audit under GST: Complete Practical Guide for Businesses and Professionals
Understanding GSTR-9C and Annual Audit is critical for GST-registered taxpayers whose turnover crosses the prescribed limits. Even years after its introduction, GSTR-9C continues to create confusion among business owners, accountants, and compliance professionals due to its reconciliation-heavy nature and audit implications. This in-depth article explains what GSTR-9C is, why it exists, how it differs from…
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Top 10 Excel Macros Every Accountant Should Know for Faster, Error-Free Accounting Work
In modern accounting roles, speed, accuracy, and consistency are no longer optional—they are expectations. This is where Top 10 Excel Macros Every Accountant Should Know becomes a critical topic. Accountants handle large volumes of repetitive data such as vouchers, ledgers, reconciliations, GST workings, payroll summaries, and MIS reports. Studies in accounting workflow optimization show that…
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Excel Template for GST Return Filing: Step-by-Step Format, Benefits, and Practical Usage Guide
Why an Excel Template for GST Return Filing Is Essential An Excel Template for GST Return Filing plays a critical role in ensuring accuracy, compliance, and efficiency in GST reporting. Despite the availability of accounting software, a large percentage of small businesses, accountants, and MIS professionals still rely on Excel for data preparation, reconciliation, and…
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Reverse Charge Mechanism in Tally Explained: Complete Practical Guide for GST Compliance
The Reverse Charge Mechanism in Tally is one of the most important yet commonly misunderstood GST concepts for businesses in India. Under normal GST rules, the supplier collects tax and pays it to the government. However, under the Reverse Charge Mechanism (RCM), the responsibility of paying GST shifts from the supplier to the recipient of…
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Difference Between GSTR-1 and GSTR-3B: Complete Comparison for GST Compliance in India
Understanding the difference between GSTR-1 and GSTR-3B is one of the most critical requirements for GST-registered taxpayers in India. These two GST returns serve completely different purposes, yet both are mandatory and interlinked. Incorrect understanding or mismatched reporting between GSTR-1 and GSTR-3B often leads to notices, interest, penalties, and blockage of Input Tax Credit (ITC).…