Tally Prime Download

As of March, 2022, Tally Prime 2.1 is the latest version. -

Tally Prime 2.1 has two different versions. Tally prime 2.1 Edit Log and Tally Prime 2.1. The former has edit log that cannot be turned off and the later has edit log that can be enabled or disabled as per the user convenience. This is the only difference between the two versions.

Tally Prime 2.1 Edit log and Tally Prime 2.1 versions comes with the following two features and other product improvements -

Edit Log

• Track all user activities

• Generate complete report of user activities with user action, use name and date and time of the activity done.

• Edit log records data change made to vouchers as well as masters.

• It also records changes made to the company data like data splitting, migration, etc.

Digital Signature

Digital signature can now be added to your Tally PDF documents. this feature is dongle based and requires you to have your dongle connected to the system while digitally signing the documents.

You can use digital signature while exporting, printing and emailing PDF documents to your stakeholders, customers, auditors, etc.

Here are some newly introduced features in Tally -

Introduction of the bottom bar

• Access shortcut keys from the bottom of the screen

• Get on-screen product updates

• Flexibility to hide bottom bar

Notifications in Tally Prime

• Get notified regarding Tallyprime releases, TSS validity and renewal, rental license expiry as well as any license related issues

• You can snooze these notifications when not needed

Product Improvements

Improvements while exporting data to MS Excel -

• Speed improved while exporting all ledger accounts and group of accounts reports

• Data alignment in sheets improved

• When exporting bank books to excel, Memory Access Violation error appeared, this issue is resolved

• The exported Cost Centre showed Opening Balance even when it is disabled. This has been fixed.

• When exporting and printing transaction-wise TDS outstanding report, the payment type was not showing. This has been fixed

• After restoring data in Tally from Drive, the company restored was not showing in the list of companies. This issue has been fixed.

Here are some newly introduced features in Tally -

• E-way Bill

  Generate E-way bill while creating entries in Tally itself. You have the option to generate a single e-way bill while creating an entry or you can generate bulk E-way bills by going to the Exchange Menu in Tally 

• GSTIN / UIN and HSN / SAC validation

  Tally Prime 2.0 provides instant validation of GSTIN / UIN and HSN / SAC entered in Tally. This will ensure you do not enter any wrong details.

• Save view of a report

  You can now save the view of a report i.e you can save the configurations of the report for future reference.

• Better experience for report viewing on the browser

  The mobile view for viewing reports in Tally has been given a new delightful experience. While viewing reports in Tally, the report is automatically adjusted to fit your screen and thus you do not need to manually adjust the report.

Here are some newly introduced features in Tally -

• You can now calculate TCS depending on your type of business practice - TCS on either realisation/receipt of the invoice or accrual. You can also switch from one method to the other in transactions and party ledgers.

• There are some exemptions to the deduction of TDS. For example, some parties make TDS payments at the time of the current transaction itself. Such parties can be exempted from the TDS set TDS deduction while recording the transaction.

• For government listed buyers, in Tally, you can set such parties as exempted from TCS and calculate the tax component as per appropriation.

• You can now generate Form 27EQ for TCS.

• Ledgers can now be made without the PAN details. You can check the list of buyers as well as update the required details in the party ledger.

• You can now configure TCS in sales ledger or stock item this helps you set the TCS for a stock item and thus you do not need to update the TCS for every transaction.

• In this version, the E-invoice Sandbox experience has been introduced. It will help you -

  • Get familiar with how e-invoicing works on the live IRP.

  • Create E-invoice and voucher simultaneously

  • Create, cancel, alter and get E-invoices in bulk

  • Experience e-Invoicing without any impact on your GST Returns.

All these Sandbox features can be experienced with an expired TSS or in Educational Mode

Other than these various product improvements have been done to improve user experience.

• IFF filing is now supported in Tally by providing option for section-wise export of GSTR-1.

• TallyPrime supports VAT for Oman. You can now enable VAT, set registration details, set tax rates, make duty masters, implement VAT in transaction details n TallyPrime for Oman VAT.

Product improvements -

• Issue of Printing logo on simple invoice format has been resolved. In some options, logo was not being printed.

• Change display settings to Bright or soft as desired.

• The issue of transporter name not being printed in the E-way bill when generated from the portal has been solved.

• In E-invoicing process, after verifying the e-invoice using the acknowledgement number, the product description was showing blank this issue has been resolved.

• E-invoices were being rejected by the E-invoice system when UoMs with 4 decimal points were being rounded off for a few stock items. This also has been solved.

• Issue of missing bill wise reports when printing the ledger voucher’s report in the condensed format has been resolved.

• Appearance of Any@0% in sales transaction of TCS category has been solved. Even the rate printed in some cases was showing incorrect numbers. This also has been solved.

• Bank reconciliation statement for Kotak Mahindra Bank, showed MAV error while using the ‘Reconcile all unlinked’ feature after import of a bank statement. This is resolved now.

• Cheques can now be printed in vertical centre mode.

• Voucher total have not been matching after saving a contra voucher from bank statement. This issue is solved now.

• You can now export payment instructions file in encrypted format by uploading the files on Bank of Baroda portal.

• E--payments for Yes Bank - You can select Delimited - Corporate Net Banking option along with fixed Width - Corporate Net Banking format in the E-payment configuratIon screen.

Highlight

You can now download and vouchers while viewing reports from the browser. These reports will be downloaded in MS Excel format.

Product Improvements

Accounts & Inventory

• In the sales order, when the due date is set lower than the voucher date, a warning is displayed.

• In the trial balance report, on clicking F7 - vouchers button, a blank page was shown, this issue has been fixed.

• In the Group Budget Screen, while creating Budgets for Accounting Groups, the wrongly named column title ‘Account Name’ has been changed to ‘Group Name’.

GST

• Provision is made in Tally generated invoice to print invoice title as Tax invoice when sale is done with a registered dealer and even with an unregistered dealer in case of an Invoice-cum-Bill-of-Supply

• Any purchase from URD of value less than Rs. 5000 was appearing in GSTR-3B against From a Supplier under Composition Scheme, Exempt and Nil Rated Supply under Section 5. However, the transaction was not found in the Voucher Register Level. This was occurring when the option Enable Tax Liability on Reverse Charge (Purchase from an unregistered dealer) was set to ‘No’. This issue has been resolved

• The purchase values appearing against Inward Supplies (liable to reverse charge) in GSTR-3B does not match with values shown in Voucher Register Level. This occurred when-

  • Purchase was recorded using Journal Voucher Entry and the option ‘Reverse Charge Applicable‘ was enabled under Tax Classification Details while recording the transaction.
  • Purchase was recorded by selecting the fixed asset ledger with Nature of Goods as Capital Goods.

  This issue has been resolved.