TallyPrime 6.1 launches the Invoice Management System (IMS), which simplifies ITC tracking with features like consolidated invoice views, action status updates, IMS-ITC Summary, and GSTR-2B recomputation. Apart from IMS, you get many delightful offerings such as a comprehensive Edit Log Summary, MSME form updates, GST enhancements, and smarter bank reconciliation. Stay on Top of Your ITC with IMS IMS in TallyPrime offers you complete control of your ITC. With intuitive reports and action-based processes, you can reconcile invoices, set statuses, and file returns with confidence, all within your regular accounting flow. Easy invoice review : View supplier invoices as per the GST portal, in a comprehensive IMS Inward Supplies report ( ). Clearly identify the matched, mismatched, and missing invoices. Set Action Status : Mark invoices as Accepted, Rejected, Pending, or No Action, based on reconciliation ( ). Ensure that only valid ITC is considered in GSTR-2B & ...
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