Look at these sentences:
Ça a pris du temps, mais ça y est, j'ai mes billets pour Mamma Mia!It took time, but that's it, I've got my tickets for Mamma Mia!
In French, the expression "ça y est" (literally 'that is there') is used to emphasise a sense of relief after an action's been completed : that's it, it's done, finally!
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