You will be taken to the Tax Configuration screen as soon as you upgrade, where you can enter tax details like your TRN number, tax period, etc., and begin recording transactions that are compliant with VAT right away. With a single click, you can update your customers' and suppliers' TRN numbers and other compliance data on a single screen. Additionally, you may instantly update all the details in your Tally data by importing an MS Excel file that contains the TRN numbers of each of your parties.
Use TallyVault to safeguard and secure your important financial data. Make your passwords to have exclusive access to the information. Because Tally is a robust software, you won't ever lose out on business data, even in the most erratic workplaces. Establish user-level permissions for data access by the functional domains of your expanding workforce.