Message: Return type of CI_Session_files_driver::open($save_path, $name) should either be compatible with SessionHandlerInterface::open(string $path, string $name): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::close() should either be compatible with SessionHandlerInterface::close(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::read($session_id) should either be compatible with SessionHandlerInterface::read(string $id): string|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::write($session_id, $session_data) should either be compatible with SessionHandlerInterface::write(string $id, string $data): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::destroy($session_id) should either be compatible with SessionHandlerInterface::destroy(string $id): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::gc($maxlifetime) should either be compatible with SessionHandlerInterface::gc(int $max_lifetime): int|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
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Are You Ready for GST? Asking this question at this stage when GST has already been implemented w.e.f 1st of July, 2017 ALL over the country, would seem frivolous. All of us have already got on to the GST band wagon. Some might have got seated properly, others may be standing in the coach and some may even be standing precariously close to the doors. It is the time we assess where we stand vis-à-vis GST as it will determine how well we will fare in compliance of this technology driven law. Needless to state that business should function smoothly as it is of utmost importance for the business enterprise.
Accounting/ERP Software Ready for Accounting in GST regime
Facility of Bulk Upload of GSTIN of Parties & Vendors
Facility of Mass Updation of GSN/SAC code, GST Rates etc
Facility of checking correctness of GSTIN
Facility of Verification of Ledgers for GST Compliance
GST Compliant Sales Invoice is generated to enable purchases to claim ITC
Reverse Charge Mechanism (RCM) handled
RCM Invoices generated to enable us to claim ITC
Taxation of Advances Received from Parties & adjustment with Sale Invoices
Taxation of Advances Paid to Unregistered Suppliers & adjustment with Purchase Invoices
Data Security is not compromised
Accounting Disciplined for preparing error free GST returns
Have accountants been trained to make correct masters and entries in accounts
No deletion/addition of sales invoices and vouchers
No back dated sales invoices and vouchers
Accounting/ERP Software GST Returns Ready
Prepares Correct Returns in json format (Excel format is not acceptable)
Seamlessly uploads returns through GSP
Downloads data from GSTIN site
Reconciles GSTIN data with own data
Shows Errors and Effortless Correction Mechanism
Mailing mismatches to other party for corrections
GST Compliance Due Dates
If most of the above crucial issues have been handled by your Accounting/ERP software or your team, then there is no cause for concern. But if you have not thought of above issues or the same have still not been tackled, you better gear up as time is of essence in compliance of GST law.
As you know that Time is of essence in compliance of GST law; Late Compliance/Non Compliance could adversely affect your Compliance Rating at GSTN, besides financial loss due to Interest, Penalties, Loss of Input Tax Credit etc.
