TallyPrime: What’s New in 6.1

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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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TallyPrime Release 5.0 | What’s New!

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Master Your Accounting & Compliance Needs with Connected GST

  • Simpler Uploads & Downloads: Upload GSTR-1, GSTR-3B, and CMP-08 directly from TallyPrime to the GST portal. Download GSTR-1, GSTR-3B, GSTR-2A, and GSTR-2B in just a couple of clicks.
  • Effortless Filing: File your GSTR-1 directly from TallyPrime without even opening the portal. Choose your filing method such as DSC or EVC.
  • Real-Time Party Information: Swiftly create and validate party ledgers using real-time details from the portal. No more manual entry of party information. Just fill the GSTIN/UIN of the party.
  • Key Insights on ITC: Track your ITC at risk with great accuracy for one or even hundreds of suppliers using Bills Payable. Similarly, with Bills Receivable, track the status of invoice uploads against the pending bills of a party. Gain further clarity with detailed reports such as Ledger Vouchers – GST and Ledger Outstandings – GST, and other predefined saved views.

Experience a hassle-free deduction of tax to comply with the Finance Bill’s Section 194Q for TDS purchases of goods. This includes:

TallyPrime introduces Stripe View that is designed to improve readability of entries in reports with large volume of data, by highlighting alternating rows. You can also use Stripe View for all vouchers & reports, or for only specific ones. Use stripes while printing, exporting or sharing documents from TallyPrime, as and when you need to.


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