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Showing posts from December, 2024

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 & ...

Release Notes for TallyPrime and TallyPrime Edit Log Release 5.1 | What’s New!

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  TallyPrime Release 5.1 introduces a suite of powerful enhancements to simplify compliance and elevate the efficiency for the business. Effortless GST management   with  bulk B2B to B2C conversion ,  conflict resolution ,  multi-period GSTR-1 exports , enhanced  e-Way Bills  experience  and more. Better voucher number management with  flexible voucher numbering  and  configurable HSN/SAC  summaries. Payroll compliance perfected  with the latest FVU updates for the New Tax Regime. DIY support at your fingertips with step-by-step help directly accessible from the context in TallyPrime.  Enhanced clarity and efficiency in  display  and  print  in Arabic.   Simplified GST Conflict Resolution  With TallyPrime Release 5.1, you can resolve   GST-related conflicts between Masters and Transactions effortlessly. Enjoy seamless compliance management as you identify, resolve, and...