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Showing posts from June, 2025

Tally Prime 7.0: What’s New

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TallyPrime Release 7.0 introduces powerful new features to enhance productivity and compliance. Auto Backup ensures data safety and accessibility. PrimeBanking Payments simplifies the payment and reconciliation process. SmartFind helps quickly locate details across masters and transactions. GST updates include ITC reduction in IMS and improved e-Invoice & e-Way Bill handling. Performance improvements help you load companies and reports with greater speed. JSON Data Exchange enables smooth integration with external applications, while smoother migration adds flexibility to your day-to-day tasks. For UAE & KSA, the official currency symbols are now supported for Dirham & Riyal. Auto Backup - Safe & Effortless Schedule backup of your data to  TallyDrive  or  local storage  as per your set frequency. Schedules run even when TallyPrime is closed. TallyDrive – Cloud Backup Storage Securely back up data on cloud. Optionally protect backups with a  Backu...
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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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