You can now calculate the monthly estimated TDS liability in Annexure-2 of Return 24Q. New TDS rates have been updated and new section code has been added for FY2020-21.
You can now easily view the GST rate-wise report for sales and purchase, validate & download JSON file for GSTR-1, and import HSN for GSTR-9 sales and purchase.
The current financial year has been added as a selection in the GST filing status dashboard. In the case of GST, provide LUT/Bond details have been removed in add business entity and edit business pop-ups. Similarly, for accounting, the book start date has been removed in add business entity and edit business options.
User interface and page navigation has been updated, AY2020-21 has been added for data entry, and ITR-2 beta version is introduced with multiple modules.
You can easily import contacts using any excel sheet, CSV, or text file and then map data with respective fields. Also, manage the opening balance for non-inventory items to generate profit & loss report.
You can now download the GSTR-9C JSON file to upload it to the GSTN portal, and GSTR-2 download with invoice detail, and overwrite details in already added sales invoices. While adding a new customer/client, PAN is auto-fetched with the GSTIN.
Some updates to the interface have been made like in the header, business name replaced with GSTIN, and the setting menu added to the left-side panel. Bulk delete button (X) has been moved to the top of the listing page, and you can now edit the sales purchase invoice number.
New shortcut keys added to help you work faster, improvements in various modules including Cash & Bank, Contact, Chart of Accounts, and Expense. You can now export the balance sheet report, income statement report, and trial balance report as excel and PDF.