Statuary, Legal, Govt regulations
This is an inherent strength and promise in ERP service. Should there be a any change in compliance procedures (which is quite often – thanks to our government), your ERP installation would be suitably upgraded to incorporate these changes without any cost to you. This is done as and when required as per government notifications.
We follow current GST regulations. This is well integrated in the system – from initial invoice to final reconciliations. Different types of returns / statements for TDS, GST are directly generated from Eternal. These are, however, loaded by you externally on GST portal. E-way bills are directly integrated.
We are currently working on adapting to all financial statements as prescribed by the company act. These would become mandatory for all Indian companies to make their financial and other statements in a pre-specified format . We would ensure that these are incorporated in the current financial year itself.